Lithium Other Liab vs Non Currrent Assets Other Analysis

LAC Stock  USD 3.99  0.04  1.01%   
Lithium Americas financial indicator trend analysis is infinitely more than just investigating Lithium Americas Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Americas Corp is a good investment. Please check the relationship between Lithium Americas Other Liab and its Non Currrent Assets Other accounts. 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 nation.

Other Liab vs Non Currrent Assets Other

Other Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Americas Corp Other Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lithium Americas' Other Liab and Non Currrent Assets Other is 0.23. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Lithium Americas Corp, assuming nothing else is changed. The correlation between historical values of Lithium Americas' Other Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Lithium Americas Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Liab i.e., Lithium Americas' Other Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Lithium Americas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 nation.
At present, Lithium Americas' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2 B, whereas Selling General Administrative is forecasted to decline to about 9.8 M.

Lithium Americas fundamental ratios Correlations

0.980.7-0.820.950.780.310.820.840.90.230.750.7-0.480.480.830.940.720.780.29-0.110.940.950.620.350.88
0.980.78-0.890.960.710.180.830.730.80.320.680.77-0.520.590.790.910.80.80.4-0.130.90.990.740.20.89
0.70.78-0.750.840.42-0.230.610.310.410.620.60.88-0.180.790.320.480.860.630.63-0.130.470.790.92-0.340.66
-0.82-0.89-0.75-0.8-0.5-0.13-0.9-0.45-0.54-0.5-0.41-0.850.62-0.74-0.68-0.75-0.91-0.9-0.630.16-0.75-0.94-0.85-0.03-0.86
0.950.960.84-0.80.80.170.750.740.80.250.820.73-0.250.50.630.80.750.710.29-0.10.790.930.70.10.78
0.780.710.42-0.50.80.580.610.830.83-0.230.80.320.01-0.020.510.670.320.52-0.19-0.010.660.650.230.320.51
0.310.18-0.23-0.130.170.580.480.610.58-0.190.280.03-0.19-0.210.50.42-0.020.41-0.2-0.030.430.15-0.220.710.35
0.820.830.61-0.90.750.610.480.620.70.470.510.81-0.620.640.780.810.820.990.57-0.050.810.860.680.310.91
0.840.730.31-0.450.740.830.610.620.99-0.120.80.32-0.270.050.80.860.330.54-0.11-0.020.860.650.150.70.66
0.90.80.41-0.540.80.830.580.70.990.00.810.43-0.340.170.830.90.450.630.01-0.050.90.730.270.650.75
0.230.320.62-0.50.25-0.23-0.190.47-0.120.00.020.83-0.470.940.230.180.750.560.96-0.180.180.390.78-0.240.57
0.750.680.6-0.410.820.80.280.510.80.810.020.430.130.170.420.590.440.470.0-0.020.580.60.30.280.47
0.70.770.88-0.850.730.320.030.810.320.430.830.43-0.510.940.530.580.960.840.84-0.230.580.820.95-0.120.85
-0.48-0.52-0.180.62-0.250.01-0.19-0.62-0.27-0.34-0.470.13-0.51-0.57-0.8-0.68-0.53-0.64-0.560.17-0.69-0.57-0.45-0.41-0.74
0.480.590.79-0.740.5-0.02-0.210.640.050.170.940.170.94-0.570.40.40.910.710.96-0.220.40.660.93-0.230.73
0.830.790.32-0.680.630.510.50.780.80.830.230.420.53-0.80.40.960.550.740.3-0.130.970.770.390.690.88
0.940.910.48-0.750.80.670.420.810.860.90.180.590.58-0.680.40.960.610.760.25-0.111.00.880.470.570.89
0.720.80.86-0.910.750.32-0.020.820.330.450.750.440.96-0.530.910.550.610.850.82-0.160.610.850.93-0.080.84
0.780.80.63-0.90.710.520.410.990.540.630.560.470.84-0.640.710.740.760.850.65-0.110.760.840.720.260.89
0.290.40.63-0.630.29-0.19-0.20.57-0.110.010.960.00.84-0.560.960.30.250.820.65-0.190.260.490.83-0.240.61
-0.11-0.13-0.130.16-0.1-0.01-0.03-0.05-0.02-0.05-0.18-0.02-0.230.17-0.22-0.13-0.11-0.16-0.11-0.19-0.11-0.14-0.190.0-0.18
0.940.90.47-0.750.790.660.430.810.860.90.180.580.58-0.690.40.971.00.610.760.26-0.110.870.470.580.89
0.950.990.79-0.940.930.650.150.860.650.730.390.60.82-0.570.660.770.880.850.840.49-0.140.870.80.150.9
0.620.740.92-0.850.70.23-0.220.680.150.270.780.30.95-0.450.930.390.470.930.720.83-0.190.470.8-0.360.74
0.350.2-0.34-0.030.10.320.710.310.70.65-0.240.28-0.12-0.41-0.230.690.57-0.080.26-0.240.00.580.15-0.360.34
0.880.890.66-0.860.780.510.350.910.660.750.570.470.85-0.740.730.880.890.840.890.61-0.180.890.90.740.34
Click cells to compare fundamentals

Lithium Americas Account Relationship Matchups

Lithium Americas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets293.8M326.7M817.3M1.0B439.5M461.5M
Total Stockholder Equity159.6M190.7M536.3M784.0M407.5M427.8M
Property Plant And Equipment Net162.8M6.3M10.0M357.7M222.2M233.3M
Retained Earnings(65.8M)(140.2M)(178.7M)(272.2M)(264.4M)(251.1M)
Non Current Assets Total200.9M172.4M284.8M660.5M233.6M245.3M
Non Currrent Assets Other38.1M166.1M105.4M229.9M288K273.6K
Other Assets38.1M166.7M97.9M1.6M(2.2M)(2.1M)
Common Stock Shares Outstanding76.0M88.6M91.8M160.0M160.4M168.4M
Liabilities And Stockholders Equity293.8M326.7M817.3M1.0B439.5M461.5M
Non Current Liabilities Total119.2M127.3M272.8M212.9M7.5M7.1M
Total Liab134.2M136.0M281.0M232.5M32.0M52.7M
Property Plant And Equipment Gross162.8M6.3M10.4M16.3M226.3M237.6M
Other Current Liab11.9M5.2M7.3M16.5M1.3M1.3M
Total Current Liabilities15.0M8.8M8.3M19.6M24.6M25.8M
Net Debt36.6M(23.3M)(245.6M)13.1M(192.4M)(182.8M)
Accounts Payable11.9M1.9K4.2M9.9M23.2M24.4M
Cash83.6M148.1M510.6M194.5M195.5M205.3M
Cash And Short Term Investments83.6M148.1M510.6M352.1M195.5M205.3M
Net Receivables2.6M1.3M2.0M4.0M4.5M4.7M
Common Stock Total Equity197.4M198.0M200.9M307.2M353.2M370.9M
Other Current Assets5.5M4.2K753.0K1.3M10.4M10.9M
Other Stockholder Equity28.4M27.2M28.5M30.2M15.0M14.3M
Total Current Assets92.9M154.3M532.6M356.1M205.9M216.2M
Accumulated Other Comprehensive Income(114K)(4.3M)(3.9M)(3.5M)14.9M15.7M
Common Stock200.9M307.2M690.0M1.0B656.8M689.6M
Other Liab269K2.1M326K6.4M7.4M7.8M
Net Tangible Assets159.6M190.7M536.3M(34.4M)(39.6M)(37.6M)
Long Term Debt117.1M126.9M272.4M204.5M235.1M246.9M
Inventory2.1M1.6M1.2M19.2M(4.5M)(4.3M)
Short Long Term Debt3.1M3.6M909K3.1M3.6M3.7M
Short Term Debt3.1M3.6M909K3.1M3.6M3.7M
Property Plant Equipment162.8M6.3M10.0M357.7M411.3M431.9M
Short Long Term Debt Total120.2M130.5M273.4M209.6M3.1M3.0M
Long Term Debt Total117.1M126.9M272.4M206.5M237.4M249.3M
Capital Surpluse28.4M27.2M28.5M30.2M34.8M21.3M
Capital Lease Obligations96K169K1.8M1.6M3.1M3.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:
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 nation.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.126
Earnings Share
(0.12)
Revenue Per Share
0.02
Quarterly Revenue Growth
0.081
Return On Assets
(0.04)
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.