El AL Israel Airlines (XTAE:ELAL) Long-Term Capital Lease Obligation : ₪2,133 Mil (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is El AL Israel Airlines Long-Term Capital Lease Obligation?

El AL Israel Airlines's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪2,133 Mil.

El AL Israel Airlines's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (₪2,322 Mil) to Jun. 2024 (₪2,228 Mil) and declined from Jun. 2024 (₪2,228 Mil) to Sep. 2024 (₪2,133 Mil).

El AL Israel Airlines's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₪3,109 Mil) to Dec. 2022 (₪2,758 Mil) and declined from Dec. 2022 (₪2,758 Mil) to Dec. 2023 (₪2,436 Mil).

El AL Israel Airlines Long-Term Capital Lease Obligation Historical Data

The historical data trend for El AL Israel Airlines'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.

El AL Israel Airlines Long-Term Capital Lease Obligation Chart

El AL Israel Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3,335.24

3,219.13

3,108.83

2,757.70

2,436.35

El AL Israel Airlines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,484.55	2,436.35	2,322.04	2,227.87	2,133.33

El AL Israel Airlines (XTAE:ELAL) 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.

El AL Israel Airlines Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of El AL Israel Airlines's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

El AL Israel Airlines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » El AL Israel Airlines Ltd (XTAE:ELAL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ELALF:USA

Address

PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001

Website

http://www.elal.co.il

El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.

El AL Israel Airlines Headlines

No Headlines