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Air New Zealand (Air New Zealand) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)


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What is Air New Zealand Long-Term Capital Lease Obligation?

Air New Zealand's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

Air New Zealand's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($0 Mil) to Jun. 2023 ($801 Mil) but then declined from Jun. 2023 ($801 Mil) to Dec. 2023 ($0 Mil).

Air New Zealand's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($979 Mil) to Jun. 2022 ($752 Mil) but then increased from Jun. 2022 ($752 Mil) to Jun. 2023 ($801 Mil).

Air New Zealand Long-Term Capital Lease Obligation Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Long-Term Capital Lease Obligation Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 611.88 1,215.35 979.39 751.59 800.61

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 751.59 - 800.61 -

Air New Zealand  (OTCPK:ANZFF) 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.

Air New Zealand Long-Term Capital Lease Obligation Related Terms

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Air New Zealand (Air New Zealand) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air New Zealand Ltd (OTCPK:ANZFF) » Definitions » Long-Term Capital Lease Obligation
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ASX:1CG ASX:MRQ ASX:KEY ASX:LMS ASX:DDT ASX:MHC ASX:VPR ASX:AYM ASX:DCX ASX:HGL DAL DUB:RYA LUV NSE:INDIGO UAL SHSE:601111 SGX:C6L IST:THYAO SHSE:600029 LSE:IAG
Traded in Other Exchanges
ANZLY:USA AIR:New Zealand BZU:Germany AIZ:Australia
Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Website
https://www.airnewzealand.co.nz
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.