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Signature Aviation (STU:43BA) Long-Term Capital Lease Obligation : €898 Mil (As of Dec. 2020)


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What is Signature Aviation Long-Term Capital Lease Obligation?

Signature Aviation's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was €898 Mil.

Signature Aviation's quarterly Long-Term Capital Lease Obligation declined from Dec. 2019 (€1,016 Mil) to Jun. 2020 (€970 Mil) and declined from Jun. 2020 (€970 Mil) to Dec. 2020 (€898 Mil).

Signature Aviation's annual Long-Term Capital Lease Obligation increased from Dec. 2018 (€3 Mil) to Dec. 2019 (€1,016 Mil) but then declined from Dec. 2019 (€1,016 Mil) to Dec. 2020 (€898 Mil).


Signature Aviation Long-Term Capital Lease Obligation Historical Data

The historical data trend for Signature Aviation'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.

Signature Aviation Long-Term Capital Lease Obligation Chart

Signature Aviation 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 1.42 0.93 2.81 1,015.92 898.36

Signature Aviation Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 2.81 950.40 1,015.92 970.05 898.36

Signature Aviation  (STU:43BA) 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.

Signature Aviation Long-Term Capital Lease Obligation Related Terms

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Signature Aviation (STU:43BA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
105 Wigmore Street, London, GBR, W1U 1QY
Signature Aviation is a United Kingdom-based global aviation support and aftermarket services provider that focuses on servicing the business and general aviation market. The group, including Signature FBO, TechnicAir, and Epic fuels, provides full-service flight and home-base support through the fixed-base operation network for business and general aviation users. The company operates through three segments: owner operators, fractional owner operators, and charter operators. Epic provides fuel and fuel-related services at fixed-base networks across North America, including fuel purchasing cards and transaction processing. The company generates most of its revenue in North America.

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