Licycle Holdings Corp Stock Today

LICY Stock  USD 2.42  0.30  14.15%   

Performance

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Odds Of Distress

Over 79

 
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LiCycle Holdings is trading at 2.42 as of the 20th of September 2024; that is 14.15% increase since the beginning of the trading day. The stock's open price was 2.12. LiCycle Holdings has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for LiCycle Holdings Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of April 2024 and ending today, the 20th of September 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
16th of November 2020
Category
Industrials
Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. Li-Cycle Holdings operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 22.52 M outstanding shares of which 1.2 M shares are now shorted by private and institutional investors with about 2.87 trading days to cover. More on LiCycle Holdings Corp

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LiCycle Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAjay Kochhar
Thematic Ideas
(View all Themes)
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, Management, Recycling, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02640.0238
Significantly Up
Slightly volatile
Total Current Liabilities189.2 M180.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total426.1 M405.8 M
Sufficiently Up
Slightly volatile
Total Assets540.2 MB
Way Down
Slightly volatile
Total Current Assets201.8 M171.3 M
Fairly Up
Slightly volatile
LiCycle Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand LiCycle Holdings' financial leverage. It provides some insight into what part of LiCycle Holdings' total assets is financed by creditors.
Liquidity
LiCycle Holdings Corp currently holds 509.6 M in liabilities with Debt to Equity (D/E) ratio of 0.65, which is about average as compared to similar companies. LiCycle Holdings Corp has a current ratio of 16.91, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about LiCycle Holdings' use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

351.64 Million
LiCycle Holdings Corp (LICY) is traded on New York Stock Exchange in USA. It is located in 207 Queen?s Quay West, Toronto, ON, Canada, M5J 1A7 and employs 384 people. LiCycle Holdings is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.5 M. LiCycle Holdings Corp conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 22.52 M outstanding shares of which 1.2 M shares are now shorted by private and institutional investors with about 2.87 trading days to cover. LiCycle Holdings Corp currently holds about 649.03 M in cash with (99.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check LiCycle Holdings Probability Of Bankruptcy
Ownership Allocation
LiCycle Holdings Corp secures a total of 22.52 Million outstanding shares. LiCycle Holdings Corp shows large amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check LiCycle Ownership Details

LiCycle Stock Institutional Holders

InstituionRecorded OnShares
Y-intercept (hong Kong) Ltd2024-06-30
36.7 K
Centiva Capital Lp2024-06-30
35.6 K
Green Alpha Advisors, Llc2024-06-30
27.4 K
Sunrise Partners Llc2024-06-30
20.5 K
Alpine Partners Vi, Llc2024-06-30
20.3 K
Pathstone Holdings Llc2024-06-30
19 K
State Street Corp2024-06-30
16.9 K
Two Sigma Investments Llc2024-06-30
15.8 K
Sei Investments Co2024-06-30
14.4 K
Grantham, Mayo, Van Otterloo & Co., Llc2024-06-30
819.2 K
Primecap Management Company2024-06-30
410 K
View LiCycle Holdings Diagnostics

LiCycle Holdings Historical Income Statement

At this time, LiCycle Holdings' Interest Income is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 88.1 M in 2024, whereas Interest Expense is likely to drop slightly above 5.2 M in 2024. View More Fundamentals

LiCycle Stock Against Markets

LiCycle Holdings Corporate Management

Conor SpollenChief OfficerProfile
Anthony TseIndependent DirectorProfile
Tim JohnstonExecutive Chairman of the Board, Co-FounderProfile
Dawei LiRegional President APACProfile
Craig CunninghamChief OfficerProfile
Mark WellingsIndependent DirectorProfile

Additional Tools for LiCycle Stock Analysis

When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.