Bowl America (Bowl America) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2021)

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What is Bowl America LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bowl America's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.11.

Bowl America's long-term debt to total assets ratio increased from Mar. 2020 (0.06) to Mar. 2021 (0.11). It may suggest that Bowl America is progressively becoming more dependent on debt to grow their business.

Bowl America LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bowl America's LT-Debt-to-Total-Asset 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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Bowl America LT-Debt-to-Total-Asset Chart

Bowl America Annual Data

Trend

Jun11

Jun12

Jun13

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Jun17

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Jun20

LT-Debt-to-Total-Asset

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0.11

Bowl America Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.11	0.11	0.11	0.11

Bowl America LT-Debt-to-Total-Asset Calculation

Bowl America's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (A: Jun. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2020 )	/	Total Assets (A: Jun. 2020 )
	=	3.172	/	28.613
	=	0.11

Bowl America's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )	/	Total Assets (Q: Mar. 2021 )
	=	3.053	/	28.21
	=	0.11

Bowl America (AMEX:BWL.A) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bowl America LT-Debt-to-Total-Asset 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 » LT-Debt-to-Total-Asset

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