SPS Commerce (SPS Commerce) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is SPS Commerce 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. SPS Commerce's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

SPS Commerce's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that SPS Commerce is progressively becoming less dependent on debt to grow their business.

SPS Commerce LT-Debt-to-Total-Asset Historical Data

The historical data trend for SPS Commerce'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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SPS Commerce LT-Debt-to-Total-Asset Chart

SPS Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.03

0.02

0.01

SPS Commerce Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.01	0.01	0.01

SPS Commerce LT-Debt-to-Total-Asset Calculation

SPS Commerce's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	9.569	/	823.844
	=	0.01

SPS Commerce's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8.425	/	839.847
	=	0.01

SPS Commerce (NAS:SPSC) 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.

SPS Commerce LT-Debt-to-Total-Asset Related Terms

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SPS Commerce (SPS Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SPS Commerce Inc (NAS:SPSC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

S86:Germany

Address

333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402

Website

https://www.spscommerce.com

SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.

Executives

Marty M Reaume	director	TWILIO INC, 375 BEALE STREET SUITE 300, SAN FRANCISCO CA 94105
Archie C. Black	director, officer: President & CEO	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Philip Soran	director	12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kimberly K. Nelson	officer: EVP & CFO	2800 MOUNT RIDGE ROAD, ROSEVILLE MN 55113
Sven Wehrwein	director
Chadwick Collins	director, officer: Chief Executive Officer	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James J. Frome	officer: EVP & Chief Strategy Officer	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James Burr Ramsey	director	C/O NETSUITE INC, 2955 CAMPUS DRIVE SUITE 100, SAN MATEO CA 94403
Anne Sempowski Ward	director	C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Martin J Leestma	director	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Michael A Smerklo	director	C/O SERVICESOURCE INTERNATIONAL, INC., 634 SECOND STREET, SAN FRANCISCO CA 94107
Michael J Mcconnell	director	P.O. BOX 6280, NEWPORT BEACH CA 92658
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tami Reller	director	C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Spencer George H. Iii	director, 10 percent owner	C/O SEYEN CAPITAL, 150 NORTH WACKER DR., SUITE 660, CHICAGO IL 60606