GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avangard Bank JSC (MIC:AVAN) » Definitions » Long-Term Capital Lease Obligation

Avangard Bank JSC (MIC:AVAN) Long-Term Capital Lease Obligation : ₽0 Mil (As of Dec. 2020)


View and export this data going back to 2012. Start your Free Trial

What is Avangard Bank JSC Long-Term Capital Lease Obligation?

Avangard Bank JSC's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was ₽0 Mil.

Avangard Bank JSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Avangard Bank JSC's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avangard Bank JSC Long-Term Capital Lease Obligation Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Avangard Bank JSC Quarterly Data
Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Avangard Bank JSC  (MIC:AVAN) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Avangard Bank JSC Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Avangard Bank JSC's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Avangard Bank JSC (MIC:AVAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avangard Bank JSC (MIC:AVAN) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
MIC:USBN MIC:BSPB MIC:ROSB MIC:MOBB MIC:PRMB MIC:RDRB MIC:ALBK MIC:KUZB MIC:CBOM SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB TFC PNC SHSE:601166 BSP:ITUB3 SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Website
http://www.avangard.ru
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.