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Li-Cycle Holdings (Li-Cycle Holdings) Liabilities-to-Assets : 0.74 (As of Mar. 2024)


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What is Li-Cycle Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Li-Cycle Holdings's Total Liabilities for the quarter that ended in Mar. 2024 was $689.30 Mil. Li-Cycle Holdings's Total Assets for the quarter that ended in Mar. 2024 was $932.30 Mil. Therefore, Li-Cycle Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.74.


Li-Cycle Holdings Liabilities-to-Assets Historical Data

The historical data trend for Li-Cycle Holdings's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23
Liabilities-to-Assets
- 0.88 0.35 0.44 0.58

Li-Cycle Holdings Quarterly Data
Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.46 0.50 0.60 0.58 0.74

Competitive Comparison of Li-Cycle Holdings's Liabilities-to-Assets

For the Waste Management subindustry, Li-Cycle Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Waste Management Industry

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

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



Li-Cycle Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=509.6/886
=0.58

Li-Cycle Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=689.3/932.3
=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.


Li-Cycle Holdings  (NYSE:LICY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Li-Cycle Holdings Liabilities-to-Assets Related Terms

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

Traded in Other Exchanges
N/A
Address
207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
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.

Li-Cycle Holdings (Li-Cycle Holdings) Headlines

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