Lithium Americas Corp.

Lithium Americas Corp.verified

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

The Current Ratio as of September 2024 (TTM) for Lithium Americas Corp. (LAC) is 20.14

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.

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

How has LAC Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

7.40

Median

5.98

Minimum

0.10

Maximum

17.63

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

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.428.44%
20220.10-55.05%
20210.22-98.76%
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 Corp. (LAC) Average Current Ratio

How has LAC Current Ratio performed in the past?

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. (LAC) Current Ratio vs. Peers

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

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),

Build a custom stock screener for Lithium Americas Corp. (LAC) 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 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 Corp. (LAC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Lithium Americas 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 Corp.'s Current Ratio?

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

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

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

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

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