KTPPF (Katipult Technology) LT-Debt-to-Total-Asset: 3.01 (As of Sep. 2024)


What is Katipult Technology LT-Debt-to-Total-Asset?

Katipult Technology KTPPF LT-Debt-to-Total-Asset is 3.01 as of Sep. 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. Katipult Technology's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 3.01.

Katipult Technology's long-term debt to total assets ratio increased from Sep. 2023 (1.00) to Sep. 2024 (3.01). It may suggest that Katipult Technology is progressively becoming more dependent on debt to grow their business.

Katipult Technology  (OTCPK:KTPPF) 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.

Katipult Technology LT-Debt-to-Total-Asset Related Terms

Katipult Technology LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Katipult Technology'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.

Katipult Technology LT-Debt-to-Total-Asset Chart

Katipult Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 1.17 2.80 1.44 2.47 1.49

Katipult Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.00 1.49 2.12 1.50 3.01

Katipult Technology LT-Debt-to-Total-Asset Calculation

Katipult Technology'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 )
=0.991/0.664
=1.49

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

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=1.32/0.439
=3.01

* 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 3.01 mean?
Katipult Technology (KTPPF) has a LT-Debt-to-Total-Asset of 3.01 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Katipult Technology and its competitors.
Is Katipult Technology's LT-Debt-to-Total-Asset too high?
Katipult Technology's current LT-Debt-to-Total-Asset is 3.01.
How does Katipult Technology's LT-Debt-to-Total-Asset compare to CRM and INTU?
Katipult Technology's LT-Debt-to-Total-Asset of 3.01 can be compared against companies in the Software 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 Software company?
A good LT-Debt-to-Total-Asset depends on the Software 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 Katipult Technology and its competitors. Katipult Technology's current LT-Debt-to-Total-Asset is 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katipult Technology stock overvalued right now?
Katipult Technology (KTPPF) has a current LT-Debt-to-Total-Asset of 3.01. The current LT-Debt-to-Total-Asset is 3.01. 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 Katipult Technology (KTPPF), the current LT-Debt-to-Total-Asset is 3.01 as of Sep. 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.

Katipult Technology Business Description

Address 900-903 8th Avenue Sw, Suite 1600, Calgary, AB, CAN, T2P 0P7
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.