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EDDYF (Edison Lithium) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Edison Lithium Debt-to-Equity?

Edison Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Edison Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Edison Lithium's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $6.25 Mil. Edison Lithium's debt to equity for the quarter that ended in Jun. 2024 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 Edison Lithium's Debt-to-Equity or its related term are showing as below:

EDDYF'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.

Edison Lithium Debt-to-Equity Historical Data

The historical data trend for Edison 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.

Edison Lithium Debt-to-Equity Chart

Edison Lithium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Debt-to-Equity
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Edison Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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Competitive Comparison of Edison Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Edison 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.


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

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

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



Edison Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edison Lithium's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Edison Lithium's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Edison Lithium  (OTCPK:EDDYF) 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.


Edison Lithium Debt-to-Equity Related Terms

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


Edison Lithium Business Description

Traded in Other Exchanges
Address
214 - 257 12th Street East, North Vancouver, BC, CAN, V7L 2J8
Edison Lithium Corp is a junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium and sodium-ion properties. Its properties include Salar de Antofalla, Salar de Pipanaco, Edison Mine, Shakt-Davis Mine, and Cobalt-Kittson Mine.

Edison Lithium Headlines

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