DNA Brands (DNA Brands) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2016)

View and export this data going back to 2008. Start your Free Trial

What is DNA Brands Long-Term Capital Lease Obligation?

DNA Brands's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil.

DNA Brands Long-Term Capital Lease Obligation Historical Data

The historical data trend for DNA Brands'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.

DNA Brands Long-Term Capital Lease Obligation Chart

DNA Brands Annual Data

Trend

Oct07

Oct08

Oct09

Dec10

Dec11

Dec12

Dec13

Dec15

Dec16

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

DNA Brands Semi-Annual Data
	Oct07	Oct08	Oct09	Dec10	Dec11	Dec12	Dec13	Dec15	Dec16
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	-	-	-

DNA Brands (OTCPK:DNAX) 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.

DNA Brands Long-Term Capital Lease Obligation Related Terms

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

DNA Brands (DNA Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » DNA Brands Inc (OTCPK:DNAX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Eversedge Ct, Alpharetta, GA, USA, 30009

Website

https://www.dnabrandsinc.com

DNA Brands Inc is engaged in the production, marketing, and sale of five carbonated blends of DNA Energy Drink, Citrus, Sugar-Free Citrus, Original, Cryo-Berry, and Molecular Melon; as well as three milk-based energy coffees fortified with Omega 3. These flavors are Mocha, Vanilla Latte, and Caramel Macchiato. The company markets its products to retailers, restaurants, bars, and clubs.

Executives

Melvin Leiner	director, officer: Chief Financial Officer	C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE 6, BOCA RATON FL 33431
Darren Marks	director, officer: Chief Executive Officer	C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE #6, BOCA RATON FL 33431