GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PureCycle Technologies Inc (NAS:PCT) » Definitions » Liabilities-to-Assets

PureCycle Technologies (PureCycle Technologies) Liabilities-to-Assets : 0.54 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PureCycle Technologies 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. PureCycle Technologies's Total Liabilities for the quarter that ended in Mar. 2024 was $397.18 Mil. PureCycle Technologies's Total Assets for the quarter that ended in Mar. 2024 was $734.02 Mil. Therefore, PureCycle Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.54.


PureCycle Technologies Liabilities-to-Assets Historical Data

The historical data trend for PureCycle Technologies'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.

PureCycle Technologies Liabilities-to-Assets Chart

PureCycle Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.93 0.73 0.43 0.41 0.60

PureCycle Technologies Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 0.44 0.51 0.59 0.60 0.54

Competitive Comparison of PureCycle Technologies's Liabilities-to-Assets

For the Pollution & Treatment Controls subindustry, PureCycle Technologies'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.


PureCycle Technologies's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PureCycle Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PureCycle Technologies's Liabilities-to-Assets falls into.



PureCycle Technologies 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.

PureCycle Technologies'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
=619.137/1039.373
=0.60

PureCycle Technologies'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
=397.176/734.015
=0.54

* 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.


PureCycle Technologies  (NAS:PCT) 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.


PureCycle Technologies Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of PureCycle Technologies's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


PureCycle Technologies (PureCycle Technologies) Business Description

Traded in Other Exchanges
Address
5950 Hazeltine National Drive, Suite 300, Orlando, FL, USA, 32822
PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.
Executives
Lawrence C Somma officer: Chief Financial Officer C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Steven F Bouck director C/O WASTE CONNECTIONS INC, 2260 DOUGLAS BLVD SUITE 280, ROSEVILLE CA 95661
Fernando Musa director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel M Coombs director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Dustin Olson officer: Chief Manufacturing Officer 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Brad Kalter officer: Gen. Counsel & Corp. Secretary 800 2ND AVE S, ST PETERSBURG FL 33701
John Stewart Scott director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
David Warner Brenner officer: Chief Commercial Officer 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Jeffrey Richard Fieler director 10 MARKET STREET, PO BOX 687, GRAND CAYMAN E9 KY1-9006
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Timothy Glockner director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Michael Otworth director, officer: Chairman & CEO 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Allen Jacoby director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Michael E Dee officer: Chief Financial Officer 118 VINTAGE PARK BLVD, HOUSTON TX 77070

PureCycle Technologies (PureCycle Technologies) Headlines

From GuruFocus