Arcadium Lithium plc (ALTM)
Financial leverage ratio
| Dec 31, 2023 | ||
|---|---|---|
| Total assets | US$ in thousands | 3,230,100 |
| Total stockholders’ equity | US$ in thousands | 1,784,200 |
| Financial leverage ratio | 1.81 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,230,100K ÷ $1,784,200K
= 1.81
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
Arcadium Lithium plc
ALTM
1.81
Air Products and Chemicals Inc
APD
2.24
Linde plc Ordinary Shares
LIN
2.03
Minerals Technologies Inc
MTX
2.03