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JPMorgan Chase & Co (NYSE:JPM)
Long-Term Debt to Total Assets
0.12 (As of Sep. 2014)

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 divide by its total assets. JPMorgan Chase & Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2014 was 0.12.

JPMorgan Chase & Co's long-term debt to total assets ratio stayed the same from Sep. 2013 (0.12) to Sep. 2014 (0.12).


Definition

JPMorgan Chase & Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=295883/2415689
=0.12

JPMorgan Chase & Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

LT Debt to Total Assets (Q: Sep. 2014 )=Long-Term Debt (Q: Sep. 2014 )/Total Assets (Q: Sep. 2014 )
=300613/2527005
=0.12

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Long-Term Debt, Total Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

JPMorgan Chase & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ltd2asset 0.090.100.120.150.120.130.140.110.120.12

JPMorgan Chase & Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ltd2asset 0.110.100.120.120.120.120.120.120.120.12
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