In the wake of the increase in Current Liabilities in the fourth quarter 2024, Quick Ratio fell to 0.09 below Li Cycle Holdings Corp average.

Within Environmental Services industry 2 other companies have achieved higher Quick Ratio than Li Cycle Holdings in fourth quarter 2024. While Quick Ratio total ranking in the fourth quarter 2024 has deteriorated compared to the prior quarter from 2344 to 3389.

Explain Quick Ratio?
How much Cash & cash equivalents LICY�s has?
What are LICY�s Current Liabilities?

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

LICY Quick Ratio	(Dec 31 2024) Q4	(Sep 30 2024) Q3	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4
Y / Y Current Liabilities Change	-1.08 %	164.28 %	241.08 %	474.58 %	39.67 %
Y / Y Cash & cash equivalent Change	-65.44 %	-76.56 %	-80.26 %	-73.34 %	-92.9 %
Quick Ratio MRQ	0.09	0.12	0.21	0.35	0.26
LICY's Total Ranking	# 3389	# 2344	# 1261	# 2084	# 1446
Seq. Current Liabilities Change	8.25 %	-1.43 %	-13.57 %	7.26 %	189.2 %
Seq. Cash & cash equivalent Change	-21.12 %	-43.51 %	-47.75 %	48.44 %	-46.51 %

Quick Ratio fourth quarter 2024 Company Ranking
Within:	No.
Environmental Services Industry	# 3
Services Sector	# 416
Overall Market	# 3389

Quick Ratio Statistics
High	Average	Low
27.66	10.62	0.16
(Oct 31 2021)		(Dec 31 2024)

Financial Statements
Li Cycle Holdings 's Current Liabilities	$ 284 Millions	Visit LICY's Balance sheet
Li Cycle Holdings 's Cash & cash equivalent	$ 25 Millions	Visit LICY's Balance sheet
Source of LICY's Sales		Visit LICY's Sales by Geography

Cumulative Li Cycle Holdings 's Quick Ratio

LICY's Quick Ratio for the trailling 12 Months

LICY Quick Ratio	(Dec 31 2024) 12 Months	(Sep 30 2024) 12 Months	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months
Y / Y Current Liabilities TTM Growth	116.3 %	157.42 %	110 %	52.57 %	-6.01 %
Y / Y Cash & cash equivalent TTM Growth	-75.39 %	-85.47 %	-83.95 %	-77.84 %	-68.28 %
Quick Ratio TTM	0.2	0.24	0.39	0.79	1.76
Total Ranking TTM	# 4110	# 2679	# 3330	# 2694	# 2069
Seq. Current Liabilities TTM Growth	-0.28 %	16.98 %	24.36 %	49.1 %	18.68 %
Seq. Cash & cash equivalent TTM Growth	-17.7 %	-27.9 %	-38.07 %	-33.02 %	-51.43 %

Quick ratio ranking by company, industry and sector >> Back to LICY Financial Strength Comparisons >> Go to Compare LICY Quick Ratio to its Competitors

News about Li cycle Holdings Corp Quick Ratio

Li-Cycle Secures $75 Million Strategic Investment from Glencore, Bolstering Global Lithium-ion Battery Resource Recovery

Introduction
Toronto-based Li-Cycle Holdings Corp. (NYSE: LICY) has successfully finalized a significant strategic investment of $75 million from Glencore plc (LON: GLEN), a prominent producer, recycler, and marketer of nickel and cobalt for lithium-ion battery production. This substantial investment marks Glencore s commitment to supporting Li-Cycle s mission as a leading global lithium-ion battery resource recovery company.

Investment Details
Glencore s affiliate completed the $75 million investment by purchasing a senior secured convertible note, strengthening Li-Cycle s financial position and providing capital for future expansion plans. This significant financial backing will undoubtedly enhance Li-Cycle s ability to scale operations and further develop its innovative lithium-ion battery recycling capabilities.

On the trailing twelve months basis In spite of the year on year decrease in LICY's Current Liabilities to $283.50 millions, cumulative Quick Ratio to 0.2 below the LICY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Environmental Services industry 16 other companies have achieved higher Quick Ratio than Li Cycle Holdings . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2024 from 2679 to 4110.

Explain Quick Ratio?
How much Cash & cash equivalents LICY�s has?
What are LICY�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Environmental Services Industry	# 17
Services Sector	# 573
Within the Market	# 4110

trailing twelve months Quick Ratio Statistics
High	Average	Low
27.66	7.62	0.38
(Oct 31 2021)		(Dec 31 2024)

Companies with similar Quick Ratio in the quarter ending Dec 31 2024, within Environmental Services Industry	Quick Ratio	Dec 31 2024 MRQ Cash & cash equivalent	Dec 31 2024 MRQ Current Liabilities
Avalon Holdings Corporation	0.18	$ 2.803 Millions	$ 15.463 Millions
Pacific Green Technologies Inc	0.10	$ 3.975 Millions	$ 41.247 Millions
Clean Harbors inc	0.09	$ 102.634 Millions	$ 1,102.666 Millions
Li cycle Holdings Corp	0.09	$ 25.400 Millions	$ 283.500 Millions
Waste Management Inc	0.07	$ 414.000 Millions	$ 5,585.000 Millions
Oio Group	0.05	$ 0.635 Millions	$ 13.533 Millions
Casella Waste Systems Inc	0.04	$ 10.967 Millions	$ 280.229 Millions
Sky Quarry Inc.	0.03	$ 0.327 Millions	$ 9.769 Millions
Waste Connections Inc	0.03	$ 62.366 Millions	$ 1,958.549 Millions
Safe And Green Development Corp	0.03	$ 0.296 Millions	$ 11.563 Millions
Strategic Environmental and Energy Resources Inc	0.02	$ 0.537 Millions	$ 21.585 Millions
Gfl Environmental Inc	0.02	$ 168.367 Millions	$ 6,781.398 Millions
Deep Green Waste and Recycling Inc	0.02	$ 0.081 Millions	$ 3.923 Millions

Date modified: 2026-09-08T15:11:28+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.