American Battery Materials (American Battery Materials) Debt-to-Equity : -0.83 (As of Dec. 2023)

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What is American Battery Materials Debt-to-Equity?

American Battery Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.51 Mil. American Battery Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. American Battery Materials's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.02 Mil. American Battery Materials's debt to equity for the quarter that ended in Dec. 2023 was -0.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for American Battery Materials's Debt-to-Equity or its related term are showing as below:

BLTH' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.42 Med: -0.79 Max: -0.3
Current: -0.83

During the past 13 years, the highest Debt-to-Equity Ratio of American Battery Materials was -0.30. The lowest was -1.42. And the median was -0.79.

BLTH's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs BLTH: -0.83

American Battery Materials Debt-to-Equity Historical Data

The historical data trend for American Battery Materials's Debt-to-Equity 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.

* Premium members only.

American Battery Materials Debt-to-Equity Chart

American Battery Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.77

-0.54

-0.68

-0.30

-0.83

American Battery Materials Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.30	-1.27	-0.87	-0.83	-0.83

Competitive Comparison of American Battery Materials's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, American Battery Materials's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

American Battery Materials's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, American Battery Materials's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Battery Materials's Debt-to-Equity falls into.

American Battery Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Battery Materials's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.508	+	0)	/	-3.017
	=	-0.83

American Battery Materials's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.508	+	0)	/	-3.017
	=	-0.83

American Battery Materials (OTCPK:BLTH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

American Battery Materials Debt-to-Equity Related Terms

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American Battery Materials (American Battery Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Battery Materials Inc (OTCPK:BLTH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830

Website

https://www.americanbatterymaterials.com

American Battery Materials Inc is a US based renewable energy company focused on the extraction, refinement and distribution of technical minerals . This company focused on direct lithium extraction as well as other minerals for refining, processing and distribution to support the country's urgent critical minerals need to support long-term energy transition and the electrification of the U.S. domestic and global economy.

Executives