Jasper Commerce (TSXV:JPIM) LT-Debt-to-Total-Asset : 4.09 (As of Jan. 2024)

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What is Jasper 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. Jasper Commerce's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 4.09.

Jasper Commerce's long-term debt to total assets ratio increased from Jan. 2023 (0.09) to Jan. 2024 (4.09). It may suggest that Jasper Commerce is progressively becoming more dependent on debt to grow their business.

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

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

Jasper Commerce Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

1.30

1.67

0.06

1.42

Jasper Commerce Quarterly Data
	Jul20	Oct20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.09	0.68	1.42	1.63	4.09

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

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

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	0.628	/	0.441
	=	1.42

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

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	1.101	/	0.269
	=	4.09

Jasper Commerce (TSXV:JPIM) 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.

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Jasper Commerce (TSXV:JPIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jasper Commerce Inc (TSXV:JPIM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Wellesley Street West, Suite 214, Toronto, ON, CAN, M4Y 0G7

Website

https://www.jasperpim.com

Jasper Commerce Inc is a Software-as-a-service Product Information Management solution empowering eCommerce retailers, wholesalers or distributors to centralize, organize and richly merchandise products from a single central repository. The company has two main products SaaS PIM subscriptions and Professional services. The company generates majority of its revenue from SaaS PIM subscriptions. The company operates in United States, Canada and others geographically and the majority of its revenue generates from United States.

Executives

Kenneth Gutierrez

Senior Officer

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