Li-Cycle Holdings (Li-Cycle Holdings) Equity-to-Asset : 0.43 (As of Dec. 2023)

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What is Li-Cycle Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Li-Cycle Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $376.40 Mil. Li-Cycle Holdings's Total Assets for the quarter that ended in Dec. 2023 was $886.00 Mil. Therefore, Li-Cycle Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

LICY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.49 Max: 0.65
Current: 0.43

During the past 5 years, the highest Equity to Asset Ratio of Li-Cycle Holdings was 0.65. The lowest was 0.12. And the median was 0.49.

LICY's Equity-to-Asset is ranked worse than
50.61% of 245 companies
in the Waste Management industry
Industry Median: 0.44 vs LICY: 0.43

Li-Cycle Holdings Equity-to-Asset Historical Data

The historical data trend for Li-Cycle Holdings'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.

Li-Cycle Holdings Equity-to-Asset Chart

Li-Cycle Holdings Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Dec23

Equity-to-Asset

0.12

0.65

0.56

0.43

Li-Cycle Holdings Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.56	0.54	0.50	0.40	0.43

Competitive Comparison of Li-Cycle Holdings's Equity-to-Asset

For the Waste Management subindustry, Li-Cycle Holdings'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.

Li-Cycle Holdings's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Li-Cycle Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Li-Cycle Holdings's Equity-to-Asset falls into.

Li-Cycle Holdings 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.

Li-Cycle Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	376.4	/	886
	=	0.42

Li-Cycle Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	376.4	/	886
	=	0.42

Li-Cycle Holdings (NYSE:LICY) 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%.

Li-Cycle Holdings Equity-to-Asset Related Terms

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Li-Cycle Holdings (Li-Cycle Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Li-Cycle Holdings Corp (NYSE:LICY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7

Website

https://www.li-cycle.com

Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and the leading lithium-ion battery recycler. Its proprietary "Spoke and Hub" recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce "black mass" and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate and nickel sulphate.