One World Lithium (XCNQ:OWLI) Debt-to-Equity : -0.04 (As of Sep. 2024)

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What is One World Lithium Debt-to-Equity?

One World Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.03 Mil. One World Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.06 Mil. One World Lithium's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-2.03 Mil. One World Lithium's debt to equity for the quarter that ended in Sep. 2024 was -0.04.

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

XCNQ:OWLI' s Debt-to-Equity Range Over the Past 10 Years
Min: -70.5 Med: -0.04 Max: 28.67
Current: -0.04

During the past 13 years, the highest Debt-to-Equity Ratio of One World Lithium was 28.67. The lowest was -70.50. And the median was -0.04.

XCNQ:OWLI's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs XCNQ:OWLI: -0.04

One World Lithium Debt-to-Equity Historical Data

The historical data trend for One World 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.

One World Lithium Debt-to-Equity Chart

One World Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.03

1.10

-0.17

-0.05

One World Lithium 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															-0.05	-0.05	-0.04	-0.04	-0.04

Competitive Comparison of One World Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, One World 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.

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

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

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

One World Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

One World Lithium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.022	+	0.06)	/	-1.554
	=	-0.05

One World Lithium's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.026	+	0.06)	/	-2.028
	=	-0.04

One World Lithium (XCNQ:OWLI) 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.

One World Lithium Debt-to-Equity Related Terms

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

One World Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » One World Lithium Inc (XCNQ:OWLI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OWRDF:USA

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

http://www.oneworldlithium.com

One World Lithium Inc is an exploration company. It is mainly engaged in the acquisition, exploration, and development of lithium resource properties and a new potential lithium separation extraction technology. The company is focused on properties that contain lithium carbonate in brine and commercial application of the DOE's separation technology. The DOE patent is an advanced direct lithium extraction (DLE) process for the extraction of lithium from natural brines.

Executives

Douglas Fulcher

Senior Officer

One World Lithium Headlines

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