JPO (JP Outfitters) LT-Debt-to-Total-Asset: 0.29 (As of Dec. 2022)


What is JP Outfitters LT-Debt-to-Total-Asset?

JP Outfitters JPO -0.63% LT-Debt-to-Total-Asset is 0.29 as of Dec. 2022.

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. JP Outfitters's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.29.

JP Outfitters's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2022 (0.29). It may suggest that JP Outfitters is progressively becoming more dependent on debt to grow their business.

JP Outfitters  (NAS:JPO) 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.

JP Outfitters LT-Debt-to-Total-Asset Related Terms

JP Outfitters LT-Debt-to-Total-Asset Historical Data

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The historical data trend for JP Outfitters'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.

JP Outfitters LT-Debt-to-Total-Asset Chart

JP Outfitters Annual Data
Trend Dec21 Dec22
LT-Debt-to-Total-Asset
0.22 0.29

JP Outfitters Semi-Annual Data
Dec21 Dec22
LT-Debt-to-Total-Asset 0.22 0.29

JP Outfitters LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=4.148/14.339
=0.29

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

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=4.148/14.339
=0.29

* 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 0.29 mean?
JP Outfitters (JPO) has a LT-Debt-to-Total-Asset of 0.29 as of Dec. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on JP Outfitters and its competitors.
Is JP Outfitters' LT-Debt-to-Total-Asset too high?
JP Outfitters' current LT-Debt-to-Total-Asset is 0.29.
How does JP Outfitters' LT-Debt-to-Total-Asset compare to ?
JP Outfitters' LT-Debt-to-Total-Asset of 0.29 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good LT-Debt-to-Total-Asset depends on the Manufacturing - Apparel & Accessories 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 JP Outfitters and its competitors. JP Outfitters's current LT-Debt-to-Total-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JP Outfitters stock overvalued right now?
JP Outfitters (JPO) has a current LT-Debt-to-Total-Asset of 0.29. The current LT-Debt-to-Total-Asset is 0.29. 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 JP Outfitters (JPO), the current LT-Debt-to-Total-Asset is 0.29 as of Dec. 2022. 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.

JP Outfitters Business Description

Comparable Companies
Address 5345 Creek Road, Cincinnati, OH, USA, 45242
JP Outfitters Inc is a proprietary branded apparel, footwear, and accessory company that designs, sources, markets, and distributes products bearing the trademarks of The J. Peterman Company and The Territory Ahead lifestyle brands. It operates a Direct to Consumer (DTC) model in which it distributes products directly to its customers via print catalogs (main marketing tool), web, supplemented with social media, and regular email communication.