Bowl America (Bowl America) Debt-to-Equity

: 0.14 (As of Mar. 2021)

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Bowl America's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0.00 Mil. Bowl America's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $3.05 Mil. Bowl America's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $21.89 Mil. Bowl America's debt to equity for the quarter that ended in Mar. 2021 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bowl America's Debt-to-Equity or its related term are showing as below:

BWL.A's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Bowl America Debt-to-Equity Historical Data

The historical data trend for Bowl America's Debt-to-Equity 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.

Bowl America Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Debt-to-Equity

0.14

Bowl America Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Debt-to-Equity																0.08	0.14	0.14	0.14	0.14

Competitive Comparison

For the Leisure subindustry, Bowl America's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bowl America Debt-to-Equity Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Bowl America's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bowl America's Debt-to-Equity falls into.

Bowl America Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bowl America's Debt to Equity Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3.172)	/	22.517
	=	0.14

Bowl America's Debt to Equity Ratio for the quarter that ended in Mar. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3.053)	/	21.888
	=	0.14

Bowl America (AMEX:BWL.A) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bowl America Debt-to-Equity Related Terms

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Bowl America (Bowl America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowl America Inc (AMEX:BWL.A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6446 Edsall Road, Alexandria, VA, USA, 22312

Website

http://www.bowl-america.com

Bowl America Inc is engaged in the entertainment business. The firm operates bowling centers, with food and beverage service in each center. Its offerings include bowling parties, cosmic bowling, leagues, and open bowling. In addition, each center sells retail bowling accessories. The company's bowling centers are located in Washington D.C, Baltimore, Maryland, Richmond, Virginia, Jacksonville, and Florida. Its principal source of revenue consists of fees charged for the use of bowling lanes and other facilities.

Executives

Gloria Bragg	director	6446 EDSALL ROAD ALEXANDRIA VA 22312
Merle Fabian	director, 10 percent owner
Nancy Hull	director	C/O BOWL AMERICA INCORPORATED 6446 EDSALL ROAD ALEXANDRIA VA 22312
Arthur H. Bill	director	6844 GLENBROOK ROAD BETHESDA MD 20814
Leslie H Goldberg	director, 10 percent owner, officer: President
Stanley H Katzman	director, 10 percent owner

Bowl America (Bowl America) Headlines

From GuruFocus

Bowl America: Prudent Management with No Debt and Minimal Rent

By Mark Lin Mark Lin • 12-09-2012