TQLCF (Tianqi Lithium) Debt-to-Equity: 0.31 (As of Mar. 2026) — 47% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TQLCF Tianqi Lithium Corp TQLCF
67 GF Score
Price $4.09
GF Value $2.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tianqi Lithium Debt-to-Equity?

Tianqi Lithium TQLCF 67 Debt-to-Equity is 0.31 as of Mar. 2026, which is 47% below its 10-year median of 0.58. GuruFocus rates TQLCF with a GF Score™ of 67/100 and a GF Value™ of $2.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,418 Chemicals companies, Tianqi Lithium ranks better than 54.58% on this metric.

Tianqi Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $352 Mil. Tianqi Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,756 Mil. Tianqi Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $6,732 Mil. Tianqi Lithium's debt to equity for the quarter that ended in Mar. 2026 was 0.31.

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

TQLCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.58   Max: 6.14
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Tianqi Lithium was 6.14. The lowest was 0.17. And the median was 0.58.

TQLCF's Debt-to-Equity is ranked better than
54.58% of 1418 companies
in the Chemicals industry
Industry Median: 0.36 vs TQLCF: 0.31

Tianqi Lithium  (OTCPK:TQLCF) 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.


Tianqi Lithium Debt-to-Equity Related Terms


Tianqi Lithium Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tianqi 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.

Tianqi Lithium Debt-to-Equity Chart

Tianqi Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 0.18 0.23 0.35 0.36

Tianqi Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.42 0.43 0.41 0.36 0.31

TQLCF vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Tianqi 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.


Tianqi Lithium Debt-to-Equity vs Chemicals Industry

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

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


TQLCF
67GF Score
Tianqi Lithium Corp TQLCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianqi Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tianqi Lithium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tianqi Lithium's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.31 mean?
Tianqi Lithium (TQLCF) has a Debt-to-Equity of 0.31 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tianqi Lithium and its competitors. This is 47% below median its historical median of 0.58. Over the past decade, Tianqi Lithium's Debt-to-Equity has ranged from 0.17 to 6.14. According to the industry distribution chart, Tianqi Lithium ranks #644 out of 1418 companies in the Chemicals industry, placing it in the top 45.4%.
Is Tianqi Lithium's Debt-to-Equity too high?
Tianqi Lithium's current Debt-to-Equity of 0.31 is 47% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 6.14. The Chemicals industry median Debt-to-Equity is 0.36. Tianqi Lithium's value of 0.31 is 13.9% below this industry median. Based on the distribution chart, Tianqi Lithium ranks #644 out of 1418 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tianqi Lithium has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianqi Lithium's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tianqi Lithium ranks #644 out of 1418 companies for Debt-to-Equity. This puts Tianqi Lithium in the upper half of its industry. The industry median Debt-to-Equity is 0.36. Tianqi Lithium's value of 0.31 is 13.9% below this benchmark. Historically, Tianqi Lithium's own Debt-to-Equity has ranged from 0.17 to 6.14 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.36, Tianqi Lithium has consistently been below the industry average. 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,418 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. Tianqi Lithium's current Debt-to-Equity of 0.31 is 13.9% 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 Tianqi Lithium and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianqi Lithium's current Debt-to-Equity is 0.31, which is 47% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianqi Lithium stock overvalued right now?
Based on GuruFocus' analysis, Tianqi Lithium (TQLCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.90, compared to a current price of $4.09 — trading 41% above its estimated fair value. The current Debt-to-Equity is 0.31, which is 47% below median its 10-year median of 0.58 and 13.9% below the Chemicals industry median of 0.36. Tianqi Lithium's overall GF Score™ is 67/100 with 5 warning signs to review. 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 Tianqi Lithium (TQLCF), the current Debt-to-Equity is 0.31 as of Mar. 2026. 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.

Is Tianqi Lithium (TQLCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tianqi Lithium stock appears to be overvalued. The current stock price of $4.09 is trading 41% above its estimated GF Value™ of $2.90. GuruFocus considers Tianqi Lithium to be Significantly Overvalued.

Key valuation signals for TQLCF:

  • Debt-to-Equity: 0.31 (47% below median its 10-year median of 0.58)
  • GF Value™: $2.90 vs. price of $4.09 (41% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 13.9% below the Chemicals median (#644 of 1418)

No single metric tells the full story. See the TQLCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianqi Lithium Business Description

Address No. 166, Hongliang West 1st Street, Tianfu New District, Sichuan Province, Chengdu, CHN, 610299
Tianqi Lithium is a leading new energy materials company headquartered in Sichuan, China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that achieved 100% self-sufficiency and has fully vertically integrated lithium mines. The firm operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
67GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.09
Price
$2.90
GF Value