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Delta Air Lines (BSP:DEAI34) Long-Term Capital Lease Obligation : R$30,890 Mil (As of Mar. 2024)


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What is Delta Air Lines Long-Term Capital Lease Obligation?

Delta Air Lines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$30,890 Mil.

Delta Air Lines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$32,388 Mil) to Dec. 2023 (R$31,692 Mil) and declined from Dec. 2023 (R$31,692 Mil) to Mar. 2024 (R$30,890 Mil).

Delta Air Lines's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$39,901 Mil) to Dec. 2022 (R$36,015 Mil) and declined from Dec. 2022 (R$36,015 Mil) to Dec. 2023 (R$31,692 Mil).


Delta Air Lines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Delta Air Lines'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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Delta Air Lines Long-Term Capital Lease Obligation Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,729.22 29,391.67 39,900.97 36,014.92 31,691.91

Delta Air Lines Quarterly Data
Jun19 Sep19 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 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 35,819.54 32,257.69 32,388.00 31,691.91 30,889.70

Delta Air Lines  (BSP:DEAI34) 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.

Delta Air Lines Long-Term Capital Lease Obligation Related Terms

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Delta Air Lines (BSP:DEAI34) Business Description

Industry
Traded in Other Exchanges
Address
Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

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