Inscape (Inscape) LT-Debt-to-Total-Asset : 0.60 (As of Oct. 2022)

View and export this data going back to . Start your Free Trial

What is Inscape 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. Inscape's long-term debt to total assests ratio for the quarter that ended in Oct. 2022 was 0.60.

Inscape's long-term debt to total assets ratio increased from Oct. 2021 (0.22) to Oct. 2022 (0.60). It may suggest that Inscape is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Inscape'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.

* Premium members only.

Inscape LT-Debt-to-Total-Asset Chart

Inscape Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.22

0.48

Inscape Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.50	0.48	0.54	0.60

Inscape LT-Debt-to-Total-Asset Calculation

Inscape's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2022 is calculated as

LT Debt to Total Assets (A: Apr. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2022 )	/	Total Assets (A: Apr. 2022 )
	=	21.106	/	44.053
	=	0.48

Inscape's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (Q: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2022 )	/	Total Assets (Q: Oct. 2022 )
	=	18.603	/	30.89
	=	0.60

Inscape (GREY:ICPBQ) 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.

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

Thank you for viewing the detailed overview of Inscape's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Inscape (Inscape) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Inscape Corp (GREY:ICPBQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Toll Road, Holland Landing, ON, CAN, L9N 1H2

Website

https://www.myinscape.com

Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.