Arcadium Lithium plc (ALTM)
Debt-to-capital ratio
| Mar 31, 2024 | ||
|---|---|---|
| Long-term debt | US$ in thousands | 502,700 |
| Total stockholders’ equity | US$ in thousands | 6,183,400 |
| Debt-to-capital ratio | 0.08 |
March 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $502,700K ÷ ($502,700K + $6,183,400K)
= 0.08
Peer comparison
Mar 31, 2024
Company name
Symbol
Debt-to-capital ratio
Arcadium Lithium plc
ALTM
0.08
Air Products and Chemicals Inc
APD
0.00
Linde plc Ordinary Shares
LIN
0.25
Minerals Technologies Inc
MTX
0.36