Piedmont Lithium Inc (PLL)
13.30
-0.06
(-0.45%)
USD |
NASDAQ |
Nov 05, 10:18
Piedmont Lithium Debt to Equity Ratio: 0.009 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.009 |
| March 31, 2024 | 0.0012 |
| Date | Value |
|---|---|
| December 31, 2023 | 0.0005 |
| September 30, 2023 | 0.0007 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0005
Minimum
Dec 2023
0.009
Maximum
Jun 2024
0.0029
Average
0.0009
Median
Debt to Equity Ratio Benchmarks
| Rare Element Resources Ltd | -- |
| MP Materials Corp | 0.8445 |
| Freeport-McMoRan Inc | 0.5516 |
| Idaho Strategic Resources Inc | 0.1076 |
| Ivanhoe Electric Inc | 0.2794 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 339.64M |
| Total Liabilities (Quarterly) | 40.02M |
| Shareholders Equity (Quarterly) | 299.62M |
| Current Ratio | 2.324 |
| Net Debt Paydown Yield | -0.32% |