Dixie Lee International Industries (Dixie Lee International Industries) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2005)

View and export this data going back to 2003. Start your Free Trial

What is Dixie Lee International Industries Long-Term Capital Lease Obligation?

Dixie Lee International Industries's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2005 was $0.00 Mil.

Dixie Lee International Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dixie Lee International Industries'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.

Dixie Lee International Industries Long-Term Capital Lease Obligation Chart

Dixie Lee International Industries Annual Data

Trend

Mar04

Mar05

Long-Term Capital Lease Obligation

Dixie Lee International Industries Quarterly Data
	Jun04	Sep04	Dec04	Mar05
Long-Term Capital Lease Obligation	-	-	-	-

Dixie Lee International Industries (OTCPK:DLII) 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.

Dixie Lee International Industries Long-Term Capital Lease Obligation Related Terms

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

Dixie Lee International Industries (Dixie Lee International Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Dixie Lee International Industries Inc (OTCPK:DLII) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Snow Road, Napanee, ON, CAN, K7R 0A2

Website

https://www.dixieleefriedchicken.com

Dixie Lee International Industries Inc is a franchisor of fast food chicken restaurant franchise locations in Canada.

Dixie Lee International Industries (Dixie Lee International Industries) Headlines

No Headlines