Lightspeed Commerce (LTS:0A8V) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Lightspeed 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. Lightspeed Commerce's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Lightspeed Commerce's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Lightspeed Commerce is progressively becoming less dependent on debt to grow their business.

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

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

Lightspeed Commerce Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.02

0.01

Lightspeed Commerce Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

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

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	22.022	/	3485.728
	=	0.01

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	22.022	/	3485.728
	=	0.01

Lightspeed Commerce (LTS:0A8V) 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.

Lightspeed Commerce LT-Debt-to-Total-Asset Related Terms

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Lightspeed Commerce (LTS:0A8V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lightspeed Commerce Inc (LTS:0A8V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LSPD:USA 3L50:Germany LSPD:Canada

Address

700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6

Website

https://www.lightspeedhq.com

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.

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