LAC.TO
Price:
$5.85
Market Cap:
$918.76M
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
2008-07-16
Stock Exchange
TSX
Ticker
LAC.TO
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 107.40% 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 15.63. The current 20.14 Current Ratio has changed 12.79% with respect to the historical average. Over the past ten years (40 quarters), LAC.TO'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.
Average
15.63
Median
11.17
Minimum
1.14
Maximum
64.51
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 = 407.25%
Maximum Annual Current Ratio = 64.51
Minimum Annual Increase = -77.88%
Minimum Annual Current Ratio = 1.14
Year | Current Ratio | Change |
---|---|---|
2023 | 8.38 | -53.76% |
2022 | 18.13 | -71.90% |
2021 | 64.51 | 265.88% |
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.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
30.34
5-year avg
22.97
10-year avg
15.63
Lithium Americas Corp.’s Current Ratio is greater than American Lithium Corp. (4.22), greater than Ballard Power Systems Inc. (10.90), greater than Lightspeed Commerce Inc. (6.19), greater than Nuvei Corporation (1.06), greater than WELL Health Technologies Corp. (1.25),
Company | Current Ratio | Market cap |
---|---|---|
4.22 | $209.07M | |
10.90 | $718.58M | |
6.19 | $3.18B | |
1.06 | $6.66B | |
1.25 | $1.10B |
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