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Standard Lithium (LTS:0VIK) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Standard Lithium Debt-to-Equity?

Standard Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.34 Mil. Standard Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.51 Mil. Standard Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$159.29 Mil. Standard Lithium's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Standard Lithium's Debt-to-Equity or its related term are showing as below:

LTS:0VIK' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.2   Med: 0.01   Max: 0.19
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Standard Lithium was 0.19. The lowest was -1.20. And the median was 0.01.

LTS:0VIK's Debt-to-Equity is ranked better than
99.92% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LTS:0VIK: 0.01

Standard Lithium Debt-to-Equity Historical Data

The historical data trend for Standard 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.

Standard Lithium Debt-to-Equity Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.11 - - 0.01

Standard Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 0.01 0.01 0.01 0.01 0.01

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

For the Other Industrial Metals & Mining subindustry, Standard 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.


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

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

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



Standard Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Standard Lithium's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Standard Lithium  (LTS:0VIK) 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.


Standard Lithium Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Standard Lithium's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Lithium (LTS:0VIK) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9
Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

Standard Lithium (LTS:0VIK) Headlines

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