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Air Astana JSC (LSE:AIRA) Long-Term Capital Lease Obligation : $717 Mil (As of Dec. 2024)


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What is Air Astana JSC Long-Term Capital Lease Obligation?

Air Astana JSC's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $717 Mil.

Air Astana JSC's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 ($541 Mil) to Sep. 2024 ($682 Mil) and increased from Sep. 2024 ($682 Mil) to Dec. 2024 ($717 Mil).

Air Astana JSC's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($574 Mil) to Dec. 2023 ($544 Mil) but then increased from Dec. 2023 ($544 Mil) to Dec. 2024 ($717 Mil).


Air Astana JSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Air Astana JSC'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 Astana JSC Long-Term Capital Lease Obligation Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
572.32 580.54 574.21 543.90 716.78

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 529.57 543.90 541.10 681.99 716.78

Air Astana JSC  (LSE:AIRA) 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 Astana JSC Long-Term Capital Lease Obligation Related Terms

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Air Astana JSC Business Description

Industry
Address
4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000
Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

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