GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alpha Lithium Corp (NEOE:ALLI) » Definitions » Debt-to-Equity

Alpha Lithium (NEOE:ALLI) Debt-to-Equity : 0.00 (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Alpha Lithium Debt-to-Equity?

Alpha Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.08 Mil. Alpha Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. Alpha Lithium's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$75.43 Mil. Alpha Lithium's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Alpha Lithium was 12.80. The lowest was -1.50. And the median was 0.00.

NEOE:ALLI's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Alpha Lithium Debt-to-Equity Historical Data

The historical data trend for Alpha 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.

Alpha Lithium Debt-to-Equity Chart

Alpha Lithium Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.10 - - -

Alpha Lithium Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

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

For the Other Industrial Metals & Mining subindustry, Alpha 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.


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

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

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



Alpha Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alpha Lithium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Alpha Lithium's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Alpha Lithium  (NEOE:ALLI) 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.


Alpha Lithium Debt-to-Equity Related Terms

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


Alpha Lithium (NEOE:ALLI) Business Description

Traded in Other Exchanges
N/A
Address
535 Thurlow Street, Suite 801, Vancouver, BC, CAN, V6E 3L2
Alpha Lithium Corp is a Canada-based exploration company. It is focused on the acquisition and development of high-grade lithium brine deposits. The company holds an interest in the Tolillar Project.

Alpha Lithium (NEOE:ALLI) Headlines

No Headlines