LICYF (Li-Cycle Holdings) Effective Interest Rate on Debt %: 15.87% (As of Dec. 2024)

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LICYF Li-Cycle Holdings Corp LICYF
16 GF Score
Price $0.09
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What is Li-Cycle Holdings Effective Interest Rate on Debt %?

Li-Cycle Holdings LICYF -0.01% 16 Effective Interest Rate on Debt % is 15.87% as of Dec. 2024. GuruFocus rates LICYF with a GF Score™ of 16/100.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Li-Cycle Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $70.00 Mil. Li-Cycle Holdings's average total debt for the quarter that ended in Dec. 2024 was $441.05 Mil. Therefore, Li-Cycle Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 15.87%.


Li-Cycle Holdings  (OTCPK:LICYF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Li-Cycle Holdings Effective Interest Rate on Debt % Related Terms


Li-Cycle Holdings Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Li-Cycle Holdings's Effective Interest Rate on Debt % 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.

Li-Cycle Holdings Effective Interest Rate on Debt % Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 9.04 3.82 5.31 2.20 15.53

Li-Cycle Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % 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 7.07 10.52 11.94 14.46 15.87

LICYF vs SNRG, AQMS, SENR: Effective Interest Rate on Debt % Comparison

For the Waste Management subindustry, Li-Cycle Holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


Li-Cycle Holdings Effective Interest Rate on Debt % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Li-Cycle Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Li-Cycle Holdings's Effective Interest Rate on Debt % falls into.


LICYF
16GF Score
Li-Cycle Holdings Corp LICYF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Li-Cycle Holdings Effective Interest Rate on Debt % Calculation

Li-Cycle Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -61.9/( (351+446.3)/ 2 )
=-1  *  -61.9/398.65
=15.53 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=440.6 + 5.7
=446.3

Li-Cycle Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -70/( (435.8+446.3)/ 2 )
=-1  *  -70/441.05
=15.87 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=429.3 + 6.5
=435.8

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=440.6 + 5.7
=446.3

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 15.87% mean?
Li-Cycle Holdings (LICYF) has a Effective Interest Rate on Debt % of 15.87% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Li-Cycle Holdings and its competitors.
Is Li-Cycle Holdings' Effective Interest Rate on Debt % too high?
Li-Cycle Holdings' current Effective Interest Rate on Debt % is 15.87%. Overall, Li-Cycle Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Li-Cycle Holdings' Effective Interest Rate on Debt % compare to SNRG and AQMS?
Li-Cycle Holdings' Effective Interest Rate on Debt % of 15.87% can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Waste Management company?
A good Effective Interest Rate on Debt % depends on the Waste Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Li-Cycle Holdings and its competitors. Li-Cycle Holdings's current Effective Interest Rate on Debt % is 15.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li-Cycle Holdings stock overvalued right now?
Li-Cycle Holdings (LICYF) has a current Effective Interest Rate on Debt % of 15.87%. The current Effective Interest Rate on Debt % is 15.87%. Li-Cycle Holdings' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Li-Cycle Holdings (LICYF), the current Effective Interest Rate on Debt % is 15.87% as of Dec. 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.

Li-Cycle Holdings Business Description

Address 207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.
16GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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