LPDNF (Lepidico) Debt-to-Equity: 0.09 (As of Jun. 2024)

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What is Lepidico Debt-to-Equity?

Lepidico LPDNF Debt-to-Equity is 0.09 as of Jun. 2024.

Lepidico's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.03 Mil. Lepidico's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5.09 Mil. Lepidico's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $54.44 Mil. Lepidico's debt to equity for the quarter that ended in Jun. 2024 was 0.09.

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

LPDNF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Lepidico  (OTCPK:LPDNF) 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.

Lepidico Debt-to-Equity Related Terms

Lepidico Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lepidico'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.

Lepidico Debt-to-Equity Chart

Lepidico Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.00 0.10 0.09 0.09

Lepidico Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.08 0.09 0.09 0.09

LPDNF vs LTUM, LBSR, SVBL: Debt-to-Equity Comparison

For the Other Industrial Metals & Mining subindustry, Lepidico'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.

Lepidico Debt-to-Equity vs Metals & Mining Industry

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

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


Lepidico Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lepidico's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
=(0.033 + 5.094) / 54.44
=0.09

Lepidico's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
=(0.033 + 5.094) / 54.44
=0.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.09 mean?
Lepidico (LPDNF) has a Debt-to-Equity of 0.09 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lepidico and its competitors.
Is Lepidico's Debt-to-Equity too high?
Lepidico's current Debt-to-Equity is 0.09. The Metals & Mining industry median Debt-to-Equity is 0.15. Lepidico's value of 0.09 is 40% below this industry median.
How does Lepidico's Debt-to-Equity compare to LTUM and LBSR?
Lepidico's Debt-to-Equity of 0.09 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. Lepidico's value of 0.09 is 40% below 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 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. Lepidico's current Debt-to-Equity of 0.09 is 40% below 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 Lepidico and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lepidico's current Debt-to-Equity is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lepidico stock overvalued right now?
Lepidico (LPDNF) has a current Debt-to-Equity of 0.09. The current Debt-to-Equity is 0.09 and 40% below the Metals & Mining industry median of 0.15. 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 Lepidico (LPDNF), the current Debt-to-Equity is 0.09 as of Jun. 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.

Lepidico Business Description

Address 680 Murray Street, Suite 2, West Perth, Perth, WA, AUS, 6005
Lepidico Ltd operates in the lithium industry. The company is focused on the exploration, development, and operation of lithium assets, particularly those containing lithium-rich mica minerals. It operates two reportable segments, being mineral exploration and development of its technologies including L-Max, LOH-Max, and S-Max. In addition, Lepidico is the owner and developer of the L-Max technology, a proprietary process that has the potential to commercially extract lithium and other valuable by-products from unconventional sources.