Air France-KLM (Air France-KLM) Long-Term Capital Lease Obligation : $7,695 Mil (As of Dec. 2023)

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What is Air France-KLM Long-Term Capital Lease Obligation?

Air France-KLM's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,695 Mil.

Air France-KLM's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($7,047 Mil) to Sep. 2023 ($7,116 Mil) and increased from Sep. 2023 ($7,116 Mil) to Dec. 2023 ($7,695 Mil).

Air France-KLM's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($6,582 Mil) to Dec. 2022 ($6,865 Mil) and increased from Dec. 2022 ($6,865 Mil) to Dec. 2023 ($7,695 Mil).

Air France-KLM Long-Term Capital Lease Obligation Historical Data

The historical data trend for Air France-KLM'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 France-KLM Long-Term Capital Lease Obligation Chart

Air France-KLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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6,763.33

6,487.84

6,581.92

6,865.47

7,694.66

Air France-KLM 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															6,865.47	6,966.81	7,046.59	7,116.33	7,694.66

Air France-KLM (OTCPK:AFLYY) 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 France-KLM Long-Term Capital Lease Obligation Related Terms

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Air France-KLM (Air France-KLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (OTCPK:AFLYY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

AFRAF:USA 1AF:Italy AFp:UK 0LN7:UK AF:France AFR0:Germany AFK:Austria

Address

2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007

Website

https://www.airfranceklm.com

Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

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