Separate asparagus under warm running water.
Cut asparagus spears in half and place in a 9 x 13 dish.
In a small bowl combine undiluted soups, cheese, thyme, black pepper and garlic powder.
Cover asparagus with half of soup mixture. Layer green peas and cover with remining soup mixture.
Top with cracher crumbs and bake at 350° for 30 minutes