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Air Canada (STU:ADH2) Short-Term Capital Lease Obligation : €353 Mil (As of Mar. 2024)


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What is Air Canada Short-Term Capital Lease Obligation?

Air Canada's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €353 Mil.

Air Canada's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (€359 Mil) to Dec. 2023 (€347 Mil) but then increased from Dec. 2023 (€347 Mil) to Mar. 2024 (€353 Mil).

Air Canada's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€346 Mil) to Dec. 2022 (€382 Mil) but then declined from Dec. 2022 (€382 Mil) to Dec. 2023 (€347 Mil).


Air Canada Short-Term Capital Lease Obligation Historical Data

The historical data trend for Air Canada's Short-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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Air Canada Short-Term Capital Lease Obligation Chart

Air Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 431.24 349.11 346.40 382.19 346.54

Air Canada Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-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 382.26 351.53 358.71 346.54 353.43

Air Canada Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.


Air Canada Short-Term Capital Lease Obligation Related Terms

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Air Canada (STU:ADH2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (STU:ADH2) » Definitions » Short-Term Capital Lease Obligation
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Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.

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