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Kona Grill (Kona Grill) Gross Property, Plant and Equipment : $108.9 Mil (As of Dec. 2018)


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What is Kona Grill Gross Property, Plant and Equipment?

Kona Grill's quarterly gross PPE declined from Jun. 2018 ($157.0 Mil) to Sep. 2018 ($155.2 Mil) and declined from Sep. 2018 ($155.2 Mil) to Dec. 2018 ($108.9 Mil).

Kona Grill's annual gross PPE stayed the same from Dec. 2016 ($161.2 Mil) to Dec. 2017 ($157.1 Mil) but then declined from Dec. 2017 ($157.1 Mil) to Dec. 2018 ($108.9 Mil).


Kona Grill Gross Property, Plant and Equipment Historical Data

The historical data trend for Kona Grill's Gross Property, Plant and Equipment 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.

Kona Grill Gross Property, Plant and Equipment Chart

Kona Grill Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.79 141.28 161.19 157.07 108.86

Kona Grill Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Gross Property, Plant and Equipment 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 157.07 157.27 157.01 155.25 108.86

Kona Grill Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Kona Grill  (OTCPK:KONA) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Kona Grill Gross Property, Plant and Equipment 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

From GuruFocus

Kona Grill Inc. (KONA) CEO Marc Buehler buys 2,000 Shares

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Kona Grill Inc. (KONA) CEO Marc Buehler buys 7,500 Shares

By GuruFocus Research GuruFocus Editor 11-11-2009

Kona Grill Inc. (KONA) CFO Mark S Robinow buys 1,200 Shares

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Investors May Consider This Restaurant Stock

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