Frontier Group Holdings (FRA:0VN) Long-Term Capital Lease Obligation : €2,360 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Frontier Group Holdings Long-Term Capital Lease Obligation?

Frontier Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,360 Mil.

Frontier Group Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€2,178 Mil) to Dec. 2023 (€2,237 Mil) and increased from Dec. 2023 (€2,237 Mil) to Mar. 2024 (€2,360 Mil).

Frontier Group Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€1,762 Mil) to Dec. 2022 (€1,920 Mil) and increased from Dec. 2022 (€1,920 Mil) to Dec. 2023 (€2,237 Mil).

Frontier Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings Long-Term Capital Lease Obligation Chart

Frontier Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,686.60

1,519.06

1,762.04

1,920.10

2,237.48

Frontier Group Holdings Quarterly Data
	Mar17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,009.97	1,990.91	2,177.59	2,237.48	2,359.80

Frontier Group Holdings (FRA:0VN) 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.

Frontier Group Holdings Long-Term Capital Lease Obligation Related Terms

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

Frontier Group Holdings (FRA:0VN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Group Holdings Inc (FRA:0VN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ULCC:USA

Address

4545 Airport Way, Denver, CO, USA, 80239

Website

https://www.FlyFrontier.com

Frontier Group Holdings Inc is an ultra low-cost carrier whose business is focused on Low Fares Done Right. The company owns fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, its seating configuration, weight-saving tactics and baggage process have all contributed to ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.

Frontier Group Holdings (FRA:0VN) Headlines

No Headlines