Solid Power (Solid Power) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Solid Power Debt-to-Equity?

Solid Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.02 Mil. Solid Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.29 Mil. Solid Power's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $479.38 Mil. Solid Power's debt to equity for the quarter that ended in Mar. 2024 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 Solid Power's Debt-to-Equity or its related term are showing as below:

SLDP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 1.64
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Solid Power was 1.64. The lowest was 0.02. And the median was 0.02.

SLDP's Debt-to-Equity is ranked better than
93.91% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs SLDP: 0.02

Solid Power Debt-to-Equity Historical Data

The historical data trend for Solid Power'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.

Solid Power Debt-to-Equity Chart

Solid Power Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.50

1.64

0.02

Solid Power Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Solid Power's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Solid Power'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.

Solid Power's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solid Power's Debt-to-Equity distribution charts can be found below:

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

Solid Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solid Power's Debt to Equity Ratio for the fiscal year 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
	=	(1.005	+	8.548)	/	503.335
	=	0.02

Solid Power's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1.021	+	8.288)	/	479.377
	=	0.02

Solid Power (NAS:SLDP) 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.

Solid Power Debt-to-Equity Related Terms

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

Solid Power (Solid Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solid Power Inc (NAS:SLDP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SLDPW:USA

Address

486 S. Pierce Avenue, Suite E, Louisville, CO, USA, 80027

Website

https://www.solidpowerbattery.com

Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.

Executives

Joshua Buettner-garrett	officer: Chief Technology Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Steven H Goldberg	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Kaled Awada	director	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Susan M Kreh	director	18400 PLEASANT STREET, BROOKFIELD WI 53045
Van Scoter John C.	director, officer: President & CEO	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson	director, officer: Chief Executive Officer	1411 E MISSION AVE, SPOKANE WA 99202
Douglas M Campbell	director, officer: Chief Executive Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright	director	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc	10 percent owner	28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Lesa B Roe	director	C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby	officer: Chief Operating Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Rainer Feurer	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen	director, officer: President	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027