Lithium Historical Income Statement
| LAAC Stock | 3.90 0.04 1.02% |
Historical analysis of Lithium Americas income statement accounts such as Total Operating Expenses of 95.1 M can show how well Lithium Americas Corp performed in making a profits. Evaluating Lithium Americas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lithium Americas's future profits or losses.
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 Income Statement Analysis
Lithium Americas Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lithium Americas shareholders. The income statement also shows Lithium investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lithium Americas Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lithium Americas Corp. It is also known as Lithium Americas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Lithium Americas' income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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' Depreciation And Amortization is very stable compared to the past year. As of the 22nd of December 2024, Selling General Administrative is likely to grow to about 35.6 M, though Operating Income is likely to grow to (100.6 M).
| 2018 | 2023 | 2024 (projected) | Total Revenue | 4.8M | 5.6M | 5.0M | Research Development | 578K | 520.2K | 418.8K |
Lithium Americas income statement Correlations
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Lithium Americas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Americas income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.1M | 687K | 925K | 1.7M | 2.0M | 2.1M | |
| Selling General Administrative | 10.6M | 14.1M | 15.5M | 29.5M | 33.9M | 35.6M | |
| Other Operating Expenses | 19.3M | 32.1M | 51.7M | 78.7M | 90.5M | 95.1M | |
| Operating Income | 59.7M | (28.9M) | (41.0M) | (117.7M) | (105.9M) | (100.6M) | |
| Ebit | 59.7M | (28.9M) | (41.0M) | (117.7M) | (105.9M) | (100.6M) | |
| Ebitda | 60.7M | (28.2M) | (40.1M) | (115.9M) | (104.3M) | (99.1M) | |
| Total Operating Expenses | 19.3M | 32.1M | 51.7M | 78.7M | 90.5M | 95.1M | |
| Net Income | 51.7M | (36.2M) | (38.5M) | (93.6M) | (84.2M) | (80.0M) | |
| Income Before Tax | 55.3M | (34.0M) | (38.6M) | (93.6M) | (84.2M) | (80.0M) | |
| Total Other Income Expense Net | 76.7M | 236K | 22.2M | (18.8M) | (21.7M) | (20.6M) | |
| Income Tax Expense | 1.4M | 1.2M | 19.7M | (43.0M) | (38.7M) | (36.7M) |
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.