Lithium Historical Balance Sheet

LAC Stock  CAD 4.27  0.05  1.18%   
Trend analysis of Lithium Americas Corp balance sheet accounts such as Non Current Assets Total of 245.3 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.
 
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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.

Lithium Americas Inventory

3.27 Million

  
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.

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

At this time, Lithium Americas' Liabilities And Stockholders Equity is very stable compared to the past year. As of the 23rd of December 2024, Total Liabilities is likely to grow to about 52.7 M, though Retained Earnings are likely to grow to (251.1 M).

Total Assets

Total assets refers to the total amount of Lithium Americas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lithium Americas Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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' Liabilities And Stockholders Equity is very stable compared to the past year. As of the 23rd of December 2024, Total Liabilities is likely to grow to about 52.7 M, though Retained Earnings are likely to grow to (251.1 M).
 2021 2022 2023 2024 (projected)
Total Stockholder Equity536.3M784.0M407.5M427.8M
Total Assets817.3M1.0B439.5M461.5M

Lithium Americas balance sheet Correlations

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0.580.460.38-0.180.610.670.240.280.78-0.06-0.40.240.180.380.54-0.080.80.360.430.480.80.33-0.040.470.04
0.830.790.31-0.680.630.540.810.70.830.230.130.53-0.80.380.940.450.80.940.110.970.790.750.380.750.38
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0.540.550.57-0.350.680.640.240.240.43-0.2-0.760.210.250.430.110.37-0.310.43-0.140.320.420.180.310.590.31
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Click cells to compare fundamentals

Lithium Americas Account Relationship Matchups

Lithium Americas balance sheet Accounts

201920202021202220232024 (projected)
Total Assets293.8M326.7M817.3M1.0B439.5M461.5M
Total Stockholder Equity159.6M190.7M536.3M784.0M407.5M427.8M
Property Plant And Equipment Net162.8M6.3M10.0M357.7M206.9M217.2M
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 Other38.1M166.1M105.4M229.9M15.6M14.8M
Other Assets12.8M38.1M34.7M97.9M112.6M118.2M
Common Stock Shares Outstanding91.8M91.8M118.8M133.7M160.4M168.4M
Liabilities And Stockholders Equity293.8M326.7M817.3M1.0B439.5M461.5M
Total Liab134.2M136.0M281.0M232.5M32.0M52.7M
Property Plant And Equipment Gross162.8M6.3M10.4M16.3M226.3M237.6M
Total Current Liabilities15.0M8.8M8.3M19.6M24.6M25.8M
Net Debt36.6M(23.3M)(245.6M)13.1M(192.4M)(182.8M)
Accounts Payable11.9M5.2M7.3M9.9M23.4K22.2K
Cash83.6M148.1M510.6M194.5M195.5M205.3M
Cash And Short Term Investments83.6M148.1M510.6M352.1M195.5M100.3M
Net Receivables2.6M1.3M2.0M3K4.5M4.7M
Non Current Liabilities Total119.2M127.3M272.8M212.9M7.5M7.1M
Other Current Assets5.5M5.0M20M1.3M5.9M6.2M
Other Stockholder Equity28.4M27.2M28.5M241.3M15.0M14.3M
Total Current Assets92.9M154.3M532.6M356.1M205.9M216.2M
Accumulated Other Comprehensive Income(114K)(4.3M)(3.9M)(3.5M)(3.1M)(3.0M)
Short Long Term Debt Total120.2M130.5M273.4M207.6M3.1M3.0M
Common Stock Total Equity197.4M198.0M200.9M307.2M353.2M370.9M
Short Term Debt3.1M3.6M909K43.6M50.1M52.6M
Common Stock200.9M307.2M690.0M1.0B656.8M338.6M
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
Inventory1.6M1.2M0.020.0M5.9M3.3M
Long Term Investments35.3M0.0169.3M72.9M11.2M10.6M
Short Long Term Debt3.1M3.6M909K3.1M3.6M3.7M
Property Plant Equipment162.8M6.3M10.0M13.5M12.1M11.5M
Capital Lease Obligations96K169K1.8M1.6M3.1M3.3M
Long Term Debt Total18.0M117.1M126.9M272.4M313.3M329.0M
Capital Surpluse26.2M28.4M27.2M28.5M32.7M26.2M
Net Invested Capital279.8M315.5M801.3M991.6M407.5M472.4M

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

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Moving against Lithium Stock

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  0.52INFM Infinico Metals CorpPairCorr
  0.4ORE Orezone Gold CorpPairCorr
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.
Pair CorrelationCorrelation Matching
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 board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.