LAC
Price:
$4.37
Market Cap:
$975.73M
Lithium Americas Corp. is a resource company primarily engaged in the exploration and development of lithium deposits across the United States and Argentina. The firm holds significant interests in several key projects, including Cauchari-Olaroz in Argentina's Jujuy province, the Thacker Pass project located in northwestern Nevada, and Pastos Grandes within Argentina's Salta province. Formerly known as Western Lithium USA Corporation, the company officially rebranded to Lithium Americas Corp. in March 2016. Its establishment dates back to 2007, and its corporate headquarters are situated in Vancouver, Canada.
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 7.36. This represents a change of 12.53% compared to the average of 6.54 of the last 4 quarters.
The mean historical Current Ratio of Lithium Americas Corp. over the last ten years is 8.43. The current 7.36 Current Ratio has changed 8.63% 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 0.04.
Average
8.43
Median
7.29
Minimum
0.04
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 = 23.33%
Maximum Annual Current Ratio = 17.63
Minimum Annual Increase = -97.73%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.16 | -50.10% |
| 2024 | 10.33 | 23.39% |
| 2023 | 8.37 | 23.33% |
| 2022 | 0.04 | -91.09% |
| 2021 | 0.40 | -97.73% |
| 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% |
The current Current Ratio of Lithium Americas Corp. (LAC) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
7.95
5-year avg
4.86
10-year avg
8.43
Lithium Americas Corp.’s Current Ratio is greater than Critical Metals Corp. (0.75), greater than IperionX Limited (4.03), less than Lithium Argentina AG (9.16), greater than Northern Dynasty Minerals Ltd. (0.71), less than USA Rare Earth Inc (36.29), greater than Loma Negra Compañía Industrial Argentina Sociedad Anónima (2.01), less than Vizsla Silver Corp. (65.89), greater than Ferroglobe PLC (1.43), less than Standard Lithium Ltd. (20.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.75 | $948.39M | |
| 4.03 | $1.04B | |
| 9.16 | $1.49B | |
| 0.71 | $1.18B | |
| 36.29 | $2.38B | |
| 2.01 | $1.41B | |
| 65.89 | $1.24B | |
| 1.43 | $730.62M | |
| 20.17 | $696.38M |
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