ALTM (Arcadium Lithium) Debt-to-Asset : 0.08 (As of Sep. 2024)

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What is Arcadium Lithium Debt-to-Asset?

Arcadium Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $295.2 Mil. Arcadium Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $485.7 Mil. Arcadium Lithium's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $10,004.6 Mil. Arcadium Lithium's debt to asset for the quarter that ended in Sep. 2024 was 0.08.

Arcadium Lithium Debt-to-Asset Historical Data

The historical data trend for Arcadium Lithium's Debt-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.

Arcadium Lithium Debt-to-Asset Chart

Arcadium Lithium Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.20

0.31

0.21

0.12

0.10

Arcadium Lithium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.11	0.10	0.07	0.07	0.08

Competitive Comparison of Arcadium Lithium's Debt-to-Asset

For the Specialty Chemicals subindustry, Arcadium Lithium's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Arcadium Lithium's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arcadium Lithium's Debt-to-Asset distribution charts can be found below:

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

Arcadium Lithium Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Arcadium Lithium's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3.7	+	305.2)	/	3230.1
	=	0.10

Arcadium Lithium's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(295.2	+	485.7)	/	10004.6
	=	0.08

Arcadium Lithium (NYSE:ALTM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Arcadium Lithium Debt-to-Asset Related Terms

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

Arcadium Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arcadium Lithium PLC (NYSE:ALTM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ARLTF:USA 7WO:Germany LTM:Australia

Address

Gateway Hub Shannon Airport House, Suite 12, Shannon, Clare, IRL, 19103

Website

https://www.arcadiumlithium.com

Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. The company agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.

Executives

Gilberto Antoniazzi	officer: Vice President and CFO	LIVENT CORPORATION, C/O FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Paul W Graves	director, officer: President and CEO	1735 MARKET STREET, PHILADELPHIA PA 19103
Pablo Marcet	director	C/O GEO LOGIC SA, PASCUAL, FICHERA Y, ASOC., CERRITO 1070, PISO 8, BUENOS AIRES C1 1010
Christina Lampe-onnerud	director	C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Ronald B Stark	officer: Chief Accounting Officer	C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Nicholas Pfeiffer	officer: Chief Accounting Officer	1735 MARKET STREET, PHILADELPHIA PA 19103
G Peter Daloia	director
Steven T Merkt	director	1050 WESTLAKES DRIVE, BERWYN PA 19312
Michael F Barry	director	ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Pierre R Brondeau	director	ROHAM AND HAAS CO, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Robert C Pallash	director	17000 ROTUNDA DRIVE, DEARBORN MI 48120
Andrea E Utecht	director	1735 MARKET ST, 15TH FL, PHILADELPHIA PA 19103
Fmc Corp	10 percent owner	2929 WALNUT STREET, PHILADELPHIA PA 19104
Sara Ponessa	officer: VP, Gen. Counsel & Secretary	C/O LIVENT CORP., 1818 MARKET STREET, PHILADELPHIA PA 19103
Thomas Schneberger	officer: Vice President and COO	C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104