Lithium Americas Financials

LAC Stock  USD 3.88  0.23  6.30%   
Based on the key indicators related to Lithium Americas' liquidity, profitability, solvency, and operating efficiency, Lithium Americas Corp may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At present, Lithium Americas' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 217.2 M, whereas Retained Earnings are projected to grow to (251.1 M). Key indicators impacting Lithium Americas' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.04750.05
Notably Down
Pretty Stable
Current Ratio13.358.4249
Way Up
Slightly volatile
The financial analysis of Lithium Americas is a critical element in measuring its lifeblood. Investors should not minimize Lithium Americas' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

38.52 Million

  
Understanding current and past Lithium Americas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lithium Americas' financial statements are interrelated, with each one affecting the others. For example, an increase in Lithium Americas' assets may result in an increase in income on the income statement.
Please note, the presentation of Lithium Americas' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lithium Americas' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Lithium Americas' management manipulating its earnings.

Lithium Americas Stock Summary

Lithium Americas competes with Cypress Development, Ardea Resources, EMX Royalty, and Fury Gold. Lithium Americas Corp. operates as a resource company in the United States and Argentina. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Lithium Americas operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 347 people.
Foreign Associate
  Canada
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA53680Q2071
CUSIP53681J103
LocationBritish Columbia; Canada
Business Address3260 - 666
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.lithiumamericas.com
Phone778 656 5820
CurrencyUSD - US Dollar

Lithium Americas Key Financial Ratios

Lithium Americas Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets293.8M326.7M817.3M1.0B437.3M459.1M
Retained Earnings(65.8M)(140.2M)(178.7M)(272.2M)(264.4M)(251.1M)
Other Assets38.1M166.7M97.9M1.6M(2.2M)(2.1M)
Total Liab134.2M136.0M281.0M232.5M32.0M52.7M
Other Current Liab11.9M5.2M7.3M16.5M1.2M1.1M
Net Debt36.6M(23.3M)(245.6M)13.1M(192.4M)(182.8M)
Accounts Payable11.9M1.9K4.2M9.9M23.2M24.4M
Cash83.6M148.1M510.6M194.5M195.5M205.3M
Net Receivables2.6M1.3M2.0M4.0M4.5M4.7M
Other Current Assets5.5M4.2K753.0K1.3M5.9M6.2M
Total Current Assets92.9M154.3M532.6M356.1M205.9M216.2M
Common Stock200.9M307.2M690.0M1.0B656.8M689.6M
Other Liab269K2.1M326K6.4M7.4M7.8M
Net Tangible Assets159.6M190.7M536.3M(34.4M)(39.6M)(37.6M)
Long Term Debt117.1M126.9M272.4M204.5M235.1M246.9M
Inventory2.1M1.6M1.2M19.2M(4.5M)(4.3M)
Short Long Term Debt3.1M3.6M909K3.1M3.6M3.7M
Short Term Debt3.1M3.6M909K3.1M3.6M3.7M
Long Term Debt Total117.1M126.9M272.4M206.5M237.4M249.3M
Capital Surpluse28.4M27.2M28.5M30.2M34.8M21.3M

Lithium Americas Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.9M3.6M14.3M21.3M3.5M3.6M
Operating Income59.7M(28.9M)(41.0M)(117.7M)(27.6M)(26.2M)
Ebit59.7M(24.6M)(44.1M)(61.2M)(27.6M)(26.2M)
Ebitda60.7M(24.1M)(43.5M)(59.8M)(27.4M)(26.0M)
Income Before Tax55.3M(34.0M)(38.6M)(93.6M)(3.9M)(4.1M)
Net Income51.7M(35.2M)(58.4M)(48.1M)(3.9M)(4.1M)
Income Tax Expense1.4M1.2M19.7M(45.4M)3.03.15
Interest Income2.4M2.4M12.3M49.4M2.9M2.8M

Lithium Americas Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash42.0M64.5M362.5M(316.1M)194.9M204.6M
Free Cash Flow(47.5M)(92.7M)(55.1M)(71.9M)(227.8M)(216.4M)
Depreciation1.1M687K925K1.7M196K186.2K
Other Non Cash Items744K579K(1.0M)12.9M(31.2M)(29.7M)
Capital Expenditures29.9M61.8M1.9M6.7M189.8M199.3M
Net Income51.7M(36.2M)(38.5M)(93.6M)(4.0M)(4.2M)
End Period Cash Flow83.6M148.1M510.6M194.5M195.5M205.3M
Change To Inventory343K1.1M(2.6M)(9.3M)3.4M3.6M
Investments(8.4M)(6.1M)(17.1M)(230.9M)(116.4M)(110.6M)
Net Borrowings17.3M65.8M36.2M163M187.5M196.8M
Change To Netincome(72.9M)(540K)(17.5M)5.4M4.9M5.1M

Lithium Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lithium Americas's current stock value. Our valuation model uses many indicators to compare Lithium Americas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lithium Americas competition to find correlations between indicators driving Lithium Americas's intrinsic value. More Info.
Lithium Americas Corp is rated second overall in return on equity category among its peers. It also is rated second overall in return on asset category among its peers . At present, Lithium Americas' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lithium Americas' earnings, one of the primary drivers of an investment's value.

Lithium Americas Corp Systematic Risk

Lithium Americas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lithium Americas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Lithium Americas Corp correlated with the market. If Beta is less than 0 Lithium Americas generally moves in the opposite direction as compared to the market. If Lithium Americas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lithium Americas Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lithium Americas is generally in the same direction as the market. If Beta > 1 Lithium Americas moves generally in the same direction as, but more than the movement of the benchmark.

Lithium Americas Thematic Clasifications

Lithium Americas Corp is part of several thematic ideas from Plastics to Silver. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Lithium Americas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lithium Americas' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lithium Americas growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.98

At present, Lithium Americas' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Lithium Americas November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lithium Americas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lithium Americas Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lithium Americas Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lithium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lithium Americas's daily price indicators and compare them against related drivers.

Complementary Tools for Lithium Stock analysis

When running Lithium Americas' price analysis, check to measure Lithium Americas' 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 Lithium Americas is operating at the current time. Most of Lithium Americas' value examination focuses on studying past and present price action to predict the probability of Lithium Americas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Americas' price. Additionally, you may evaluate how the addition of Lithium Americas to your portfolios can decrease your overall portfolio volatility.
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