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Solidion Technology (Solidion Technology) Debt-to-Equity

: -0.08 (As of Dec. 2023)
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Solidion Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.20 Mil. Solidion Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Solidion Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-28.53 Mil. Solidion Technology's debt to equity for the quarter that ended in Dec. 2023 was -0.08.

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 Solidion Technology's Debt-to-Equity or its related term are showing as below:

STI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08   Med: -0.05   Max: -0.03
Current: -0.08

During the past 3 years, the highest Debt-to-Equity Ratio of Solidion Technology was -0.03. The lowest was -0.08. And the median was -0.05.

STI's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs STI: -0.08

Solidion Technology Debt-to-Equity Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- -0.03 -0.08

Solidion Technology Semi-Annual Data
Dec21 Dec22 Dec23
Debt-to-Equity - -0.03 -0.08
Competitive Comparison

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.

Solidion Technology Debt-to-Equity Distribution

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

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


Solidion Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solidion Technology'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
=(2.203 + 0) / -28.533
=-0.08

Solidion Technology's Debt to Equity Ratio for the quarter 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
=(2.203 + 0) / -28.533
=-0.08

* 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.

Solidion Technology  (NAS:STI) 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.

Solidion Technology Debt-to-Equity Related Terms

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

Solidion Technology (Solidion Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solidion Technology Inc (NAS:STI) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
1240 McCook Avenue, Dayton, OH, USA, 45404
Website
Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines

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