Arcadium Lithium plc (ALTM)
Debt-to-capital ratio
| Dec 31, 2023 | ||
|---|---|---|
| Long-term debt | US$ in thousands | 299,600 |
| Total stockholders’ equity | US$ in thousands | 1,784,200 |
| Debt-to-capital ratio | 0.14 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $299,600K ÷ ($299,600K + $1,784,200K)
= 0.14
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-capital ratio
Arcadium Lithium plc
ALTM
0.14
Air Products and Chemicals Inc
APD
0.00
Linde plc Ordinary Shares
LIN
0.25
Minerals Technologies Inc
MTX
0.36