Off Balance Sheet Products - An obs operating lease is one in which the lessor retains the leased asset on its balance sheet. These items are assets and liabilities of the company, even if they. Obs assets can be used to shelter financial statements from asset ownership and related debt. They are either a liability or an asset which are not shown on a company’s balance.
They are either a liability or an asset which are not shown on a company’s balance. These items are assets and liabilities of the company, even if they. An obs operating lease is one in which the lessor retains the leased asset on its balance sheet. Obs assets can be used to shelter financial statements from asset ownership and related debt.