FPAYQ (FlexShopper) LT-Debt-to-Total-Asset: 0.73 (As of Dec. 2024)


What is FlexShopper LT-Debt-to-Total-Asset?

FlexShopper FPAYQ -99.00% LT-Debt-to-Total-Asset is 0.73 as of Dec. 2024.

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. FlexShopper's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.73.

FlexShopper's long-term debt to total assets ratio declined from Dec. 2023 (0.74) to Dec. 2024 (0.73). It may suggest that FlexShopper is progressively becoming less dependent on debt to grow their business.

FlexShopper  (OTCPK:FPAYQ) 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.

FlexShopper LT-Debt-to-Total-Asset Related Terms

FlexShopper LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for FlexShopper'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.

FlexShopper LT-Debt-to-Total-Asset Chart

FlexShopper Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.66 0.65 0.74 0.73

FlexShopper Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.77 0.79 0.74 0.73

FlexShopper LT-Debt-to-Total-Asset Calculation

FlexShopper's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=152.327/209.508
=0.73

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

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=152.327/209.508
=0.73

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.73 mean?
FlexShopper (FPAYQ) has a LT-Debt-to-Total-Asset of 0.73 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on FlexShopper and its competitors.
Is FlexShopper's LT-Debt-to-Total-Asset too high?
FlexShopper's current LT-Debt-to-Total-Asset is 0.73.
How does FlexShopper's LT-Debt-to-Total-Asset compare to URI and AER?
FlexShopper's LT-Debt-to-Total-Asset of 0.73 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Business Services company?
A good LT-Debt-to-Total-Asset depends on the Business Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on FlexShopper and its competitors. FlexShopper's current LT-Debt-to-Total-Asset is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FlexShopper stock overvalued right now?
FlexShopper (FPAYQ) has a current LT-Debt-to-Total-Asset of 0.73. The current LT-Debt-to-Total-Asset is 0.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For FlexShopper (FPAYQ), the current LT-Debt-to-Total-Asset is 0.73 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FlexShopper Business Description

Address 901 Yamato Road, Suite 260, Boca Raton, FL, USA, 33431
FlexShopper Inc is a financial technology company engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, gardens and tools, appliances, and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products. The company enables consumers utilizing its e-commerce marketplace to shop for brand-name electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis.