Lithium Historical Balance Sheet
LAAC Stock | 3.90 0.04 1.02% |
Trend analysis of Lithium Americas Corp balance sheet accounts such as Non Current Assets Total of 967.5 M provides information on Lithium Americas' total assets, liabilities, and equity, which is the actual value of Lithium Americas Corp to its prevalent stockholders. By breaking down trends over time using Lithium Americas balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Lithium Americas Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lithium Americas Corp is a good buy for the upcoming year.
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About Lithium Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Lithium Americas Corp at a specified time, usually calculated after every quarter, six months, or one year. Lithium Americas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lithium Americas and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lithium currently owns. An asset can also be divided into two categories, current and non-current.
Lithium Americas Balance Sheet Chart
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Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Lithium Americas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lithium Americas Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Lithium Americas' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lithium Americas Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Lithium Americas' Total Current Liabilities is very stable compared to the past year. As of the 22nd of December 2024, Net Debt is likely to grow to about 84.7 M, though Retained Earnings are likely to grow to (628.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 8.3M | 19.6M | 14.6M | 15.3M | Other Current Liabilities | 7.3M | 16.5M | 9.6M | 6.1M |
Lithium Americas balance sheet Correlations
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Lithium Americas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Americas balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 293.8M | 326.7M | 817.3M | 1.0B | 1.1B | 1.1B | |
Total Stockholder Equity | 159.6M | 190.7M | 536.3M | 784.0M | 828.9M | 870.4M | |
Property Plant And Equipment Net | 162.8M | 6.3M | 10.0M | 357.7M | 352.3M | 370.0M | |
Retained Earnings | (65.8M) | (140.2M) | (178.7M) | (272.2M) | (661.2M) | (628.1M) | |
Non Current Assets Total | 200.9M | 172.4M | 284.8M | 660.5M | 921.5M | 967.5M | |
Common Stock Shares Outstanding | 91.8M | 91.8M | 118.8M | 133.7M | 153.8M | 161.5M | |
Liabilities And Stockholders Equity | 293.8M | 326.7M | 817.3M | 1.0B | 1.1B | 1.1B | |
Total Current Liabilities | 15.0M | 8.8M | 8.3M | 19.6M | 14.6M | 15.3M | |
Net Debt | 36.6M | (23.3M) | (245.6M) | 13.1M | 80.7M | 84.7M | |
Cash | 83.6M | 148.1M | 510.6M | 194.5M | 122.3M | 84.4M | |
Cash And Short Term Investments | 83.6M | 148.1M | 510.6M | 352.1M | 122.3M | 95.2M | |
Net Receivables | 2.6M | 1.3M | 2.0M | 4.0M | 4.6M | 4.8M | |
Other Stockholder Equity | 28.4M | 27.2M | 28.5M | 30.2M | 17.7M | 33.8M | |
Total Liab | 134.2M | 136.0M | 281.0M | 232.5M | 226.1M | 237.4M | |
Total Current Assets | 92.9M | 154.3M | 532.6M | 356.1M | 133.6M | 100.0M | |
Accumulated Other Comprehensive Income | (114K) | (4.3M) | (3.9M) | (3.5M) | (3.1M) | (3.0M) | |
Non Currrent Assets Other | 38.1M | 34.7M | 105.4M | 229.9M | 328.3M | 344.7M | |
Short Long Term Debt Total | 120.2M | 124.8M | 265.0M | 207.6M | 203.0M | 213.1M | |
Non Current Liabilities Total | 119.2M | 127.3M | 272.8M | 212.9M | 211.5M | 222.1M | |
Short Term Debt | 3.1M | 3.6M | 909K | 3.1M | 2.6M | 1.7M | |
Common Stock | 200.9M | 307.2M | 690.0M | 1.0B | 1.5B | 1.5B |
Pair Trading with Lithium Americas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Americas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Americas will appreciate offsetting losses from the drop in the long position's value.Moving together with Lithium Stock
Moving against Lithium Stock
The ability to find closely correlated positions to Lithium Americas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Americas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Americas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Americas Corp to buy it.
The correlation of Lithium Americas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Americas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Americas Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Americas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.