Ryanair Holdings (Ryanair Holdings) Long-Term Capital Lease Obligation

: $143 Mil (As of Dec. 2023)

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Ryanair Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $143 Mil.

Ryanair Holdings's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 ($175 Mil) to Sep. 2023 ($157 Mil) and declined from Sep. 2023 ($157 Mil) to Dec. 2023 ($143 Mil).

Ryanair Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($155 Mil) to Mar. 2022 ($90 Mil) but then increased from Mar. 2022 ($90 Mil) to Mar. 2023 ($175 Mil).

Ryanair Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ryanair Holdings'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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Ryanair Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

188.84

155.48

89.65

174.63

Ryanair Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Long-Term Capital Lease Obligation																191.78	186.65	174.63	157.31	142.64

Ryanair Holdings (NAS:RYAAY) 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.

Ryanair Holdings Long-Term Capital Lease Obligation Related Terms

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Ryanair Holdings (Ryanair Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ryanair Holdings PLC (NAS:RYAAY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

RYAOF:USA RYAAY:Mexico RYA:Ireland 0RYAl:UK 0RYA:UK RY4C:Germany RY4D:Germany RY4C:Germany RY4D:Germany RY4C:Germany R1YA34:Brazil

Address

Airside Business Park, Swords, Dublin, IRL, K67 NY94

Website

https://www.ryanair.com

Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.