Lithium Americas (Argentina) Corp.

Lithium Americas (Argentina) Corp.verified

LAAC

Price:

$3.45

Market Cap:

$556.49M

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; and Pastos Grandes project located in the Salta province of Argentina. Lithium Americas (Argentina) Corp. is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2008-09-18

Stock Exchange

NYSE

Ticker

LAAC

The Current Ratio as of October 2024 (TTM) for Lithium Americas (Argentina) Corp. (LAAC) is 5.03

According to Lithium Americas (Argentina) Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 5.03. This represents a change of -39.98% compared to the average of 8.38 of the last 4 quarters.

Lithium Americas (Argentina) Corp. (LAAC) Historical Current Ratio (quarterly & annually)

How has LAAC Current Ratio performed in the past?

The mean historical Current Ratio of Lithium Americas (Argentina) Corp. over the last ten years is 15.71. The current 5.03 Current Ratio has changed 3.10% with respect to the historical average. Over the past ten years (40 quarters), LAAC's Current Ratio was at its highest in in the March 2021 quarter at 98.92. The Current Ratio was at its lowest in in the September 2015 quarter at 1.14.

Quarterly (TTM)
Annual

Average

15.71

Median

11.56

Minimum

1.14

Maximum

64.51

Lithium Americas (Argentina) Corp. (LAAC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lithium Americas (Argentina) Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 407.25%

Maximum Annual Current Ratio = 64.51

Minimum Annual Increase = -77.88%

Minimum Annual Current Ratio = 1.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20239.16-49.45%
202218.13-71.90%
202164.51265.88%
202017.63184.44%
20196.20-55.61%
201813.96-15.05%
201716.44185.49%
20165.76407.25%
20151.14-72.71%
20144.16-77.88%

Lithium Americas (Argentina) Corp. (LAAC) Average Current Ratio

How has LAAC Current Ratio performed in the past?

The current Current Ratio of Lithium Americas (Argentina) Corp. (LAAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

30.60

5-year avg

23.13

10-year avg

15.71

Lithium Americas (Argentina) Corp. (LAAC) Current Ratio vs. Peers

How is LAAC’s Current Ratio compared to its peers?

Lithium Americas (Argentina) Corp.’s Current Ratio is

CompanyCurrent RatioMarket cap

Build a custom stock screener for Lithium Americas (Argentina) Corp. (LAAC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Lithium Americas (Argentina) Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Lithium Americas (Argentina) Corp. (LAAC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Lithium Americas (Argentina) Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Lithium Americas (Argentina) Corp.'s Current Ratio?

How is the Current Ratio calculated for Lithium Americas (Argentina) Corp. (LAAC)?

What is the highest Current Ratio for Lithium Americas (Argentina) Corp. (LAAC)?

What is the 3-year average Current Ratio for Lithium Americas (Argentina) Corp. (LAAC)?

What is the 5-year average Current Ratio for Lithium Americas (Argentina) Corp. (LAAC)?

How does the current Current Ratio for Lithium Americas (Argentina) Corp. (LAAC) compare to its historical average?