Amadeus IT Group (Amadeus IT Group) Long-Term Capital Lease Obligation : $172 Mil (As of Dec. 2023)

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What is Amadeus IT Group Long-Term Capital Lease Obligation?

Amadeus IT Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $172 Mil.

Amadeus IT Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($184 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($172 Mil).

Amadeus IT Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($225 Mil) to Dec. 2022 ($183 Mil) and declined from Dec. 2022 ($183 Mil) to Dec. 2023 ($172 Mil).

Amadeus IT Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Amadeus IT Group'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.

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Amadeus IT Group Long-Term Capital Lease Obligation Chart

Amadeus IT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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306.22

237.59

224.97

182.95

172.41

Amadeus IT Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															182.95	-	184.07	-	172.41

Amadeus IT Group (OTCPK:AMADY) 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.

Amadeus IT Group Long-Term Capital Lease Obligation Related Terms

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Amadeus IT Group (Amadeus IT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (OTCPK:AMADY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AMADF:USA AMS:Mexico 1AMS:Italy AMSe:UK 0P2W:UK AMS:Spain AI3A:Germany

Address

Salvador de Madariaga, 1, Madrid, ESP, 28027

Website

https://www.amadeus.com

Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.

Amadeus IT Group (Amadeus IT Group) Headlines

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