TUI AG (XSWX:TUI1) Long-Term Capital Lease Obligation : CHF1,984 Mil (As of Mar. 2024)

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What is TUI AG Long-Term Capital Lease Obligation?

TUI AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF1,984 Mil.

TUI AG's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (CHF2,128 Mil) to Dec. 2023 (CHF2,022 Mil) and declined from Dec. 2023 (CHF2,022 Mil) to Mar. 2024 (CHF1,984 Mil).

TUI AG's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (CHF2,829 Mil) to Sep. 2022 (CHF2,418 Mil) and declined from Sep. 2022 (CHF2,418 Mil) to Sep. 2023 (CHF2,128 Mil).

TUI AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for TUI AG'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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TUI AG Long-Term Capital Lease Obligation Chart

TUI AG Annual Data

Trend

Sep14

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Sep18

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Sep20

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Sep23

Long-Term Capital Lease Obligation

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1,488.85

2,923.15

2,829.31

2,417.54

2,128.41

TUI AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,201.48	2,167.11	2,128.41	2,021.95	1,984.19

TUI AG (XSWX:TUI1) 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.

TUI AG Long-Term Capital Lease Obligation Related Terms

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TUI AG (XSWX:TUI1) Business Description

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Comparable Companies

Traded in Other Exchanges

TUIFF:USA 1TUI1U:Italy TUIl:UK TUI:UK TUI1:Germany

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

TUI AG (XSWX:TUI1) Headlines

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