CleanTech Lithium (LSE:CTL) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is CleanTech Lithium Debt-to-Equity?

CleanTech Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. CleanTech Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. CleanTech Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £19.79 Mil. CleanTech Lithium's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 CleanTech Lithium's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of CleanTech Lithium was 2.70. The lowest was 2.70. And the median was 2.70.

LSE:CTL's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

CleanTech Lithium Debt-to-Equity Historical Data

The historical data trend for CleanTech Lithium'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.

CleanTech Lithium Debt-to-Equity Chart

CleanTech Lithium Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.70

CleanTech Lithium Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of CleanTech Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, CleanTech Lithium'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.

CleanTech Lithium's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CleanTech Lithium's Debt-to-Equity distribution charts can be found below:

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

CleanTech Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CleanTech Lithium'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
	=	(0	+	0)	/	19.793
	=	0.00

CleanTech Lithium'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
	=	(0	+	0)	/	19.793
	=	0.00

CleanTech Lithium (LSE:CTL) 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.

CleanTech Lithium Debt-to-Equity Related Terms

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

CleanTech Lithium (LSE:CTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CleanTech Lithium PLC (LSE:CTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CTLHF:USA T2N:Germany

Address

7 Castle Street, De Carteret House, Saint Helier, JEY, JE2 3BT

Website

https://www.ctlithium.com

CleanTech Lithium PLC is focused on lithium exploration and development and has been progressing with two lithium projects in Chile, the Laguna Verde project and the Francisco Basin project. The Group holds mining exploration and mining exploitation licenses over the Projects which are prospective for lithium resources based on the lithium-enriched brine in the surface and sub-surface of the basins.

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