WING (Wingstop) Long-Term Capital Lease Obligation : $60.4 Mil (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Wingstop Long-Term Capital Lease Obligation?

Wingstop's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $60.4 Mil.

Wingstop's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 ($0.0 Mil) to Jun. 2024 ($53.9 Mil) and increased from Jun. 2024 ($53.9 Mil) to Sep. 2024 ($60.4 Mil).

Wingstop Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wingstop'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.

* Premium members only.

Wingstop Long-Term Capital Lease Obligation Chart

Wingstop Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Wingstop Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	53.94	60.41

Wingstop (NAS:WING) 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.

Wingstop Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Wingstop's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Wingstop Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Wingstop Inc (NAS:WING) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

EWG:Germany

Address

15505 Wright Brothers Drive, Addison, TX, USA, 75001

Website

https://www.wingstop.com

Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and, recently, chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching north of 2,200 global stores at the end of 2023, rendering Wingstop the 31st-largest restaurant brand in the US by system sales, according to Euromonitor data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.

Executives

Donnie Upshaw	officer: Senior Vice President, People	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Kilandigalu Madati	director	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Ania Smith	director	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Kate S Lavelle	director	24089 3RD STREET, FAIRHOPE AL 36532
Albert G Mcgrath	officer: See Remarks	C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Marisa Carona	officer: VP Strategy & Chief of Staff	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Wesley S Mcdonald	director
Michael Skipworth	officer: Corporate Controller	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Anne C Fischer	officer: SVP, Chief Growth Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Raj Kapoor	officer: SVP, Pres. of International	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Stacy Peterson	officer: Chief Information Officer	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Craig M Sherwood	officer: SVP, U.S. Development	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida	officer: SVP, Chief Financial Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Charles R Morrison	director, officer: President and CEO	3551 PLANO PKWY, THE COLONY TX 75056