Atlantic Lithium (LSE:ALL) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Atlantic Lithium Debt-to-Equity?

Atlantic Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Atlantic Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.35 Mil. Atlantic Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £17.31 Mil. Atlantic Lithium's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Atlantic Lithium's Debt-to-Equity or its related term are showing as below:

LSE:ALL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Atlantic Lithium was 0.02. The lowest was 0.01. And the median was 0.02.

LSE:ALL's Debt-to-Equity is ranked better than
82.76% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:ALL: 0.02

Atlantic Lithium Debt-to-Equity Historical Data

The historical data trend for Atlantic Lithium's Debt-to-Equity 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.

Atlantic Lithium Debt-to-Equity Chart

Atlantic Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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Atlantic Lithium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.02

Competitive Comparison of Atlantic Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Atlantic Lithium's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlantic Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlantic Lithium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Atlantic Lithium's Debt-to-Equity falls into.

Atlantic Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantic Lithium's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	16.062
	=	0.00

Atlantic Lithium's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.35)	/	17.305
	=	0.02

Atlantic Lithium (LSE:ALL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Atlantic Lithium Debt-to-Equity Related Terms

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Atlantic Lithium (LSE:ALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlantic Lithium Ltd (LSE:ALL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALLIF:USA BSG0:Germany A11:Australia

Address

264 George Street, Level 33, Australia Square, Sydney, NSW, AUS, 2000

Website

https://www.atlanticlithium.com.au

Atlantic Lithium Ltd is an Australia-based lithium exploration company. It owns an extensive portfolio of exploration and development assets providing exploration upside across both Ghana and Cote d'Ivoire.