Sun Capital Lease Obligations from 2010 to 2024

SNCY Stock  USD 14.05  0.32  2.33%   
Sun Country Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations will likely drop to about 234.6 M in 2024. Capital Lease Obligations is the total obligations of Sun Country Airlines under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
296.1 M
Current Value
234.6 M
Quarterly Volatility
52.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Country financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Country's main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Other Operating Expenses of 624.8 M or EBIT of 80.7 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0041 or PTB Ratio of 1.61. Sun financial statements analysis is a perfect complement when working with Sun Country Valuation or Volatility modules.
  
Check out the analysis of Sun Country Correlation against competitors.

Latest Sun Country's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Sun Country Airlines over the last few years. Sun Country Airlines capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Sun Country asset purchases. For example, Sun Country can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Sun Country control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Sun Country's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Country's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Sun Capital Lease Obligations Regression Statistics

Arithmetic Mean335,273,491
Geometric Mean331,077,765
Coefficient Of Variation15.54
Mean Deviation46,095,346
Median369,845,000
Standard Deviation52,114,316
Sample Variance2715.9T
Range135.3M
R-Value(0.80)
Mean Square Error1061.1T
R-Squared0.64
Significance0.0004
Slope(9,302,023)
Total Sum of Squares38022.6T

Sun Capital Lease Obligations History

2024234.6 M
2023296.1 M
2022277.4 M
2021268.2 M
2020254.4 M

About Sun Country Financial Statements

Sun Country investors use historical fundamental indicators, such as Sun Country's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sun Country. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations296.1 M234.6 M

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Additional Tools for Sun Stock Analysis

When running Sun Country's price analysis, check to measure Sun Country's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.