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Arcadium Lithium (Arcadium Lithium) Equity-to-Asset : 0.74 (As of Sep. 2023)


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What is Arcadium Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arcadium Lithium's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,740.6 Mil. Arcadium Lithium's Total Assets for the quarter that ended in Sep. 2023 was $2,361.1 Mil. Therefore, Arcadium Lithium's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.74.

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

ALTM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.69   Max: 0.85
Current: 0.74

During the past 7 years, the highest Equity to Asset Ratio of Arcadium Lithium was 0.85. The lowest was 0.27. And the median was 0.69.

ALTM's Equity-to-Asset is ranked better than
73.27% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs ALTM: 0.74

Arcadium Lithium Equity-to-Asset Historical Data

The historical data trend for Arcadium Lithium's Equity-to-Asset 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.

Arcadium Lithium Equity-to-Asset Chart

Arcadium Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.74 0.63 0.57 0.66 0.70

Arcadium Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset 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 0.68 0.70 0.72 0.72 0.74

Competitive Comparison of Arcadium Lithium's Equity-to-Asset

For the Specialty Chemicals subindustry, Arcadium Lithium's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Arcadium Lithium's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arcadium Lithium's Equity-to-Asset distribution charts can be found below:

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



Arcadium Lithium Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1443/2074.2
=0.70

Arcadium Lithium's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1740.6/2361.1
=0.74

* 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.


Arcadium Lithium  (NYSE:ALTM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Arcadium Lithium Equity-to-Asset Related Terms

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


Arcadium Lithium (Arcadium Lithium) Business Description

Address
1818 Market Street, Philadelphia, PA, USA, 19103
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Executives
Gilberto Antoniazzi officer: Vice President and CFO LIVENT CORPORATION, C/O FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Paul W Graves director, officer: President and CEO 1735 MARKET STREET, PHILADELPHIA PA 19103
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Pablo Marcet director C/O GEO LOGIC SA, PASCUAL, FICHERA Y, ASOC., CERRITO 1070, PISO 8, BUENOS AIRES C1 1010
Ronald B Stark officer: Chief Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Nicholas Pfeiffer officer: Chief Accounting Officer 1735 MARKET STREET, PHILADELPHIA PA 19103
G Peter Daloia director
Steven T Merkt director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Michael F Barry director ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Pierre R Brondeau director ROHAM AND HAAS CO, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Robert C Pallash director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Andrea E Utecht director 1735 MARKET ST, 15TH FL, PHILADELPHIA PA 19103
Fmc Corp 10 percent owner 2929 WALNUT STREET, PHILADELPHIA PA 19104
Sara Ponessa officer: VP, Gen. Counsel & Secretary C/O LIVENT CORP., 1818 MARKET STREET, PHILADELPHIA PA 19103
Thomas Schneberger officer: Vice President and COO C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104