MHGUP.PFD (Meritage Hospitality Group) Other Long Term Assets : $15.25 Mil (As of Sep. 2024)

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What is Meritage Hospitality Group Other Long Term Assets?

Meritage Hospitality Group's other long-term assets for the quarter that ended in Sep. 2024 was $15.25 Mil.

Meritage Hospitality Group's quarterly other long-term assets declined from Mar. 2024 ($17.96 Mil) to Jun. 2024 ($17.63 Mil) but then stayed the same from Jun. 2024 ($17.63 Mil) to Sep. 2024 ($15.25 Mil).

Meritage Hospitality Group's annual other long-term assets increased from Dec. 2021 ($8.68 Mil) to Dec. 2022 ($18.23 Mil) but then declined from Dec. 2022 ($18.23 Mil) to Dec. 2023 ($17.73 Mil).

Meritage Hospitality Group Other Long Term Assets Historical Data

The historical data trend for Meritage Hospitality Group's Other Long Term Assets 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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Meritage Hospitality Group Other Long Term Assets Chart

Meritage Hospitality Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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4.86

6.78

8.68

18.23

17.73

Meritage Hospitality Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Long Term Assets	Get a 7-Day Free Trial															20.50	17.73	17.96	17.63	15.25

Meritage Hospitality Group Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Meritage Hospitality Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Meritage Hospitality Group Inc (OTCPK:MHGUP.PFD) » Definitions » Other Long Term Assets

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Traded in Other Exchanges

MHGU:USA

Address

45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503

Website

http://www.meritagehospitality.com

Meritage Hospitality Group Inc is one of the nation's premier restaurant operators, with more than 300 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The Company owns six independent restaurants under two concepts throughout Michigan which include Morning Belle restaurants and Stan's Tacos.

Executives

Duane F Kluting	director	3100 44TH STREET SW, GRANDVILLE MI 49418
Roger L Zingle	officer: Chief Operating Officer	6132 PICKWOOD DRIVE, WEST BLOOMFIELD MI 48322
Gary A Rose	officer: VP, CFO & Treasurer	223 EAST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Robert E. Schermer Revocable Living Trust U/a Dated 4/28/97	10 percent owner	C/O ROBERT W. BAIRD & CO. INC., 333 BRIDGE STREET, N.W., SUITE 1000, GRAND RAPIDS MI 49504
Gulis Stephen L Jr	director	9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
James R Saalfeld	officer: VP, Secretary and Treasurer	MERITAGE HOSPITALITY GROUP INC, 1971 EAST BELTLINE AVE, N.E., STE. 200, GRAND RAPIDS MI 49525
Robert H Potts	officer: Vice President of Real Estate	1971 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Schermer Robert E Jr	director, 10 percent owner, officer: Chief Executive Officer	1971 EAST BELTLINE AVE, N.E., SUITE 200, GRAND RAPIDS MI 49525
Robert E Riley	director, 10 percent owner, officer: President	40 PEARL STREET NW, SUITE 900, GRAND RAPIDS MI 49503
James P Bishop	director	4230 SOUTH WESTNEDGE, KALAMAZOO MI 49006
Schermer Robert E Sr	director, 10 percent owner, officer: Chairman of the Board	C/O ROBERT W BLAIR & CO. INC., 333 BRIDGE STREET, SUITE 1000, GRAND RAPIDS MI 49504
Joseph L Maggini	director	4242 CLAY STREET SW, GRAND RAPIDS MI 49548
Brian N Mcmahon	director	542 TONBRIDGE COURT, PERRYSBURG OH 43551