PureCycle Technologies (PureCycle Technologies) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is PureCycle Technologies Debt-to-Asset?

PureCycle Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.20 Mil. PureCycle Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $310.66 Mil. PureCycle Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $734.02 Mil. PureCycle Technologies's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

PureCycle Technologies Debt-to-Asset Historical Data

The historical data trend for PureCycle Technologies's Debt-to-Asset 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.

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PureCycle Technologies Debt-to-Asset Chart

PureCycle Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.60

0.64

0.35

0.29

0.52

PureCycle Technologies Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.29	0.36	0.51	0.52	0.43

Competitive Comparison of PureCycle Technologies's Debt-to-Asset

For the Pollution & Treatment Controls subindustry, PureCycle Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

PureCycle Technologies's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PureCycle Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where PureCycle Technologies's Debt-to-Asset falls into.

PureCycle Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PureCycle Technologies's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(9.148	+	534.657)	/	1039.373
	=	0.52

PureCycle Technologies's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3.204	+	310.659)	/	734.015
	=	0.43

PureCycle Technologies (NAS:PCTTW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

PureCycle Technologies Debt-to-Asset Related Terms

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PureCycle Technologies (PureCycle Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PureCycle Technologies Inc (NAS:PCTTW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

PCTTU:USA PCT:USA PCT:Mexico

Address

5950 Hazeltine National Drive, Suite 300, Orlando, FL, USA, 32822

Website

https://www.purecycle.com

PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.