LAC
Price:
$2.24
Market Cap:
$488.32M
Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.[Read more]
Industry
Industrial Materials
IPO Date
2008-09-18
Stock Exchange
NYSE
Ticker
LAC
According to Lithium Americas Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 20.14. This represents a change of 107.36% compared to the average of 9.71 of the last 4 quarters.
The mean historical Current Ratio of Lithium Americas Corp. over the last ten years is 7.40. The current 20.14 Current Ratio has changed 27.11% with respect to the historical average. Over the past ten years (40 quarters), LAC'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 December 2022 quarter at 0.10.
Average
7.40
Median
5.98
Minimum
0.10
Maximum
17.63
Discovering the peaks and valleys of Lithium Americas 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 = 8.44%
Maximum Annual Current Ratio = 17.63
Minimum Annual Increase = -98.76%
Minimum Annual Current Ratio = 0.10
Year | Current Ratio | Change |
---|---|---|
2023 | 8.42 | 8.44% |
2022 | 0.10 | -55.05% |
2021 | 0.22 | -98.76% |
2020 | 17.63 | 184.44% |
2019 | 6.20 | -55.61% |
2018 | 13.96 | -15.05% |
2017 | 16.44 | 185.49% |
2016 | 5.76 | 407.25% |
2015 | 1.14 | -72.71% |
2014 | 4.16 | -77.88% |
The current Current Ratio of Lithium Americas Corp. (LAC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.91
5-year avg
6.51
10-year avg
7.40
Lithium Americas Corp.’s Current Ratio is greater than Sigma Lithium Corporation (1.05), greater than Standard Lithium Ltd. (1.69), greater than Sayona Mining Limited (2.46), greater than MP Materials Corp. (6.90), greater than Piedmont Lithium Inc. (2.85), greater than NioCorp Developments Ltd. (0.05), greater than Teck Resources Limited (1.48), greater than American Lithium Corp. (5.35), greater than Alpha Lithium Corporation (3.47), greater than Vale S.A. (1.08), greater than BHP Group Limited (1.70), greater than Rio Tinto Group (1.70),
Company | Current Ratio | Market cap |
---|---|---|
1.05 | $1.02B | |
1.69 | $210.98M | |
2.46 | $154.40M | |
6.90 | $2.30B | |
2.85 | $129.40M | |
0.05 | $62.00M | |
1.48 | $22.27B | |
5.35 | $79.19M | |
3.47 | $207.81M | |
1.08 | $43.26B | |
1.70 | $130.34B | |
1.70 | $102.35B |
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