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Kona Grill (Kona Grill) Long-Term Capital Lease Obligation : $0.0 Mil (As of Dec. 2018)


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What is Kona Grill Long-Term Capital Lease Obligation?

Kona Grill's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.0 Mil.


Kona Grill Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kona Grill'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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Kona Grill Long-Term Capital Lease Obligation Chart

Kona Grill Annual Data
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Long-Term Capital Lease Obligation
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Kona Grill Quarterly Data
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Kona Grill  (OTCPK:KONA) 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.

Kona Grill Long-Term Capital Lease Obligation Related Terms

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Kona Grill (Kona Grill) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15059 North Scottsdale Road, Suite 300, Scottsdale, AZ, USA, 85254
Kona Grill Inc owns and operates casual restaurants under the name Kona Grill in the United States. Its restaurants offer freshly prepared food, contemporary American favorites, sushi and specialty cocktails. It also provides full-service bar offering a broad assortment of wines, specialty cocktails, and beers. The menu features a selection of appetizers, salads, soups, flatbreads, sandwiches, noodles, seafood, signature entrees, and desserts. The Other favorites include Miso-Sake Sea Bass served with shrimp and pork fried rice and a seasonal vegetable and Pan-Seared Ahi served with steamed white rice, baby bok choy, and a sweet chilli sauce. It also offers an assortment of sushi that includes traditional favorites as well as distinctive specialty sushi and sashimi items.
Executives
Christi Hing officer: Chief Financial Officer 7150 E. CAMELBACK ROAD, SUITE 220, SCOTTSDALE AZ 85251
Michael Nahkunst director, officer: President and CEO 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Scott Scharfman 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
William Kirk Patterson director C/O ENTORIAN TECHNOLOGIES INC., 4030 W. BRAKER LANE, BLDG. 2-100, AUSTIN TX 78759

Kona Grill (Kona Grill) Headlines

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