Debt to Equity Ratio Analysis of Atlas Lithium Corp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0216
Period Ending - Dec-22
Excellent Debt to Equity
0.0127
Growth
70.20 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.161
Debt to Equity Analysis of Atlas Lithium Corp.
| Debt to Equity Ratio 0.0216 of Atlas Lithium Corp. indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of ATLX rose handsomely by 70.20 % this year. |
| Debt to Equity Ratio of ATLX trending up for at least three Years. |
| Debt to Equity Ratio with value of -0.548 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.0216 is Greater than Average Debt to Equity of -0.201 in last five years. |
Other Debt to Equity Related Info of ATLX that may interest you.
Atlas Lithium Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ATLX | 15.81 | 15.06 | 4.98 % | Other Precious Metals & Mining |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Debt to Equity Ratio of Atlas Lithium Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0216 | 0.0127 | -0.0093 | -0.482 | -0.548 | -0.414 | -0.348 |
| Change | 70.20 % | 236.38 % | 98.07 % | 11.98 % | -32.27 % | -18.96 % | -33.57 % |
FY Chart of Debt to Equity Ratio of Atlas Lithium Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)