LAR
Price:
$9.64
Market Cap:
$1.58B
Operating as a materials and resource enterprise, Lithium Argentina AG dedicates its efforts to the advancement of lithium extraction endeavors across Argentina. The firm holds significant ownership stakes in two key Argentinian ventures: the Cauchari-Olaroz project, found in Jujuy province, and the Pastos Grandes project, situated in Salta Province. Prior to January 2025, the organization operated under the name Lithium Americas (Argentina) Corp., at which point it officially adopted its current identity, Lithium Argentina AG. Established in 2007, its global headquarters are based in Zug, Switzerland.
Industry
Industrial Materials
IPO Date
2007-12-17
Stock Exchange
NYSE
Ticker
LAR
According to Lithium Argentina AG’s latest financial reports and current stock price. The company's current Current Ratio is 9.16. This represents a change of 245.14% compared to the average of 2.65 of the last 4 quarters.
The mean historical Current Ratio of Lithium Argentina AG over the last ten years is 15.70. The current 9.16 Current Ratio has changed 5.74% with respect to the historical average. Over the past ten years (40 quarters), LAR'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 March 2024 quarter at 0.46.
Average
15.70
Median
11.56
Minimum
1.14
Maximum
64.51
Discovering the peaks and valleys of Lithium Argentina AG 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 = -78.30%
Minimum Annual Current Ratio = 1.14
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 9.16 | -49.45% |
| 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 | -72.18% |
| 2014 | 4.08 | -78.30% |
The current Current Ratio of Lithium Argentina AG (LAR) 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
15.70
Lithium Argentina AG’s Current Ratio is greater than Trilogy Metals Inc. (1.46), greater than Sigma Lithium Corporation (0.32), greater than Nexa Resources S.A. (0.85), greater than Graphjet Technology (0.02), less than Standard Lithium Ltd. (20.17), greater than Compass Minerals International, Inc. (2.06), greater than TMC the metals company Inc. (2.17), greater than Cementos Pacasmayo S.A.A. (1.17), less than Lightwave Logic, Inc. (33.99), less than NioCorp Developments Ltd. (31.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.46 | $678.10M | |
| 0.32 | $1.78B | |
| 0.85 | $1.82B | |
| 0.02 | $7.35M | |
| 20.17 | $731.10M | |
| 2.06 | $1.32B | |
| 2.17 | $2.35B | |
| 1.17 | $913.58M | |
| 33.99 | $1.48B | |
| 31.08 | $786.17M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Lithium Argentina AG (LAR)?
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