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Bowlin Travel Centers (Bowlin Travel Centers) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jan. 2011)


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What is Bowlin Travel Centers Long-Term Capital Lease Obligation?

Bowlin Travel Centers's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2011 was $0.00 Mil.


Bowlin Travel Centers Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bowlin Travel Centers'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.

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Bowlin Travel Centers Long-Term Capital Lease Obligation Chart

Bowlin Travel Centers Annual Data
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Long-Term Capital Lease Obligation
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Bowlin Travel Centers Semi-Annual Data
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Bowlin Travel Centers  (OTCPK:BWTL) 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.

Bowlin Travel Centers Long-Term Capital Lease Obligation Related Terms

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Bowlin Travel Centers (Bowlin Travel Centers) Business Description

Traded in Other Exchanges
N/A
Address
150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108
Bowlin Travel Centers Inc operates several travel centers and restaurants located along interstate highways in New Mexico and Arizona. Some of its travel centers also offer fuel and full-service restaurants under the Dairy Queen/Brazier, Dairy Queen, or Subway trade names. All of the company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, and New Mexico. It also operates a convenience store selling chips, nuts, cookies, and prepackaged sandwiches, along with a variety of bottled and canned drinks.
Executives
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Jonathan Brooks 10 percent owner 2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210

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