Dewmar International BMC (Dewmar International BMC) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2017)

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What is Dewmar International BMC Long-Term Capital Lease Obligation?

Dewmar International BMC's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil.

Dewmar International BMC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dewmar International BMC'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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Dewmar International BMC Long-Term Capital Lease Obligation Chart

Dewmar International BMC Annual Data

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Long-Term Capital Lease Obligation

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Dewmar International BMC Quarterly Data
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Dewmar International BMC (OTCPK:DEWM) 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.

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Dewmar International BMC (Dewmar International BMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dewmar International BMC Inc (OTCPK:DEWM) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

132 East Northside Drive, Suite C, Clinton, MS, USA, 39056

Website

http://www.dewmarinternational.com

Dewmar International BMC Inc is focused on the processing, and sale of products derived from legal industrial hemp as well as manufacturing, marketing, and selling baked goods. Its brand name includes Kush Cakes.

Dewmar International BMC (Dewmar International BMC) Headlines

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