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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 Li-Cycle Holdings's Debt-to-Equity or its related term are showing as below:
LICYF's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.6 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Li-Cycle Holdings Debt-to-Equity Related Terms
Li-Cycle Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Li-Cycle Holdings'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.
LICYF vs SNRG, AQMS, SENR: Debt-to-Equity Comparison
For the Waste Management subindustry, Li-Cycle Holdings'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.
Li-Cycle Holdings Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Li-Cycle Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Li-Cycle Holdings's Debt-to-Equity falls into.
* 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.
Li-Cycle Holdings (LICYF) has a Debt-to-Equity of 1.70 as of Dec. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Li-Cycle Holdings and its competitors.
Is Li-Cycle Holdings' Debt-to-Equity too high?
Li-Cycle Holdings' current Debt-to-Equity is 1.70. The Waste Management industry median Debt-to-Equity is 0.60. Li-Cycle Holdings' value of 1.70 is 183.3% above this industry median. Overall, Li-Cycle Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Li-Cycle Holdings' Debt-to-Equity compare to SNRG and AQMS?
Li-Cycle Holdings' Debt-to-Equity of 1.70 can be compared against companies in the Waste Management industry. The industry median Debt-to-Equity is 0.60. Li-Cycle Holdings' value of 1.70 is 183.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.60, based on 215 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Li-Cycle Holdings's current Debt-to-Equity of 1.70 is 183.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Li-Cycle Holdings and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li-Cycle Holdings's current Debt-to-Equity is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li-Cycle Holdings stock overvalued right now?
Li-Cycle Holdings (LICYF) has a current Debt-to-Equity of 1.70. The current Debt-to-Equity is 1.70 and 183.3% above the Waste Management industry median of 0.60. Li-Cycle Holdings' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Li-Cycle Holdings (LICYF), the current Debt-to-Equity is 1.70 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.
16GF Score
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