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Nano One Materials (LTS:0T6N) Debt-to-Equity : 0.05 (As of Sep. 2024)


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What is Nano One Materials Debt-to-Equity?

Nano One Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.45 Mil. Nano One Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.00 Mil. Nano One Materials's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$26.91 Mil. Nano One Materials's debt to equity for the quarter that ended in Sep. 2024 was 0.05.

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 Nano One Materials's Debt-to-Equity or its related term are showing as below:

LTS:0T6N' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.14
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Nano One Materials was 0.14. The lowest was 0.01. And the median was 0.03.

LTS:0T6N's Debt-to-Equity is ranked better than
86.62% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs LTS:0T6N: 0.05

Nano One Materials Debt-to-Equity Historical Data

The historical data trend for Nano One Materials'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.

Nano One Materials Debt-to-Equity Chart

Nano One Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.03 0.02 0.01 0.04

Nano One Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.04 0.04 0.05 0.05

Competitive Comparison of Nano One Materials's Debt-to-Equity

For the Specialty Chemicals subindustry, Nano One Materials'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.


Nano One Materials's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nano One Materials's Debt-to-Equity distribution charts can be found below:

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



Nano One Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nano One Materials's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nano One Materials's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Nano One Materials  (LTS:0T6N) 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.


Nano One Materials Debt-to-Equity Related Terms

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


Nano One Materials Business Description

Traded in Other Exchanges
Address
8575 Government Street, Unit 101B, Burnaby, BC, CAN, V3N 4V1
Nano One Materials Corp is a Canada-based company engaged in developing processing technology for the production of battery materials used in electric vehicles, energy storage, and consumer electronics. It is a technology company with a patented process for the low-cost production of cathode materials used in lithium-ion batteries.

Nano One Materials Headlines

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