Lithium Americas Net Income vs. Return On Asset
| LAAC Stock | 3.90 0.04 1.02% |
Net Loss | First Reported 2007-12-31 | Previous Quarter -10.2 M | Current Value 2.2 M | Quarterly Volatility 156.3 M |
For Lithium Americas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lithium Americas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lithium Americas Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lithium Americas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lithium Americas Corp over time as well as its relative position and ranking within its peers.
Lithium |
Lithium Americas Corp Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lithium Americas's current stock value. Our valuation model uses many indicators to compare Lithium Americas value to that of its competitors to determine the firm's financial worth. Lithium Americas Corp is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . Lithium Americas reported last year Net Loss of (84.21 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Lithium Americas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lithium Americas' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Lithium Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Lithium Americas |
| = | 1.29 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Lithium Americas |
| = | -0.0237 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Lithium Return On Asset Comparison
Lithium Americas is currently under evaluation in return on asset category among its peers.
Lithium Americas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lithium Americas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lithium Americas will eventually generate negative long term returns. The profitability progress is the general direction of Lithium Americas' change in net profit over the period of time. It can combine multiple indicators of Lithium Americas, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.1 M | -3 M | |
| Operating Income | -105.9 M | -100.6 M | |
| Net Income | 1.3 B | 1.4 B | |
| Income Before Tax | -84.2 M | -80 M | |
| Total Other Income Expense Net | -21.7 M | -20.6 M | |
| Income Tax Expense | -38.7 M | -36.7 M | |
| Net Income Per Share | 0.11 | 0.12 | |
| Income Quality | (3.29) | (3.13) | |
| Net Income Per E B T | 1.14 | 0.84 |
Lithium Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lithium Americas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lithium Americas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lithium Americas' important profitability drivers and their relationship over time.
Use Lithium Americas in pair-trading
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.Lithium Americas Pair Trading
Lithium Americas Corp Pair Trading Analysis
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.Use Investing Themes to Complement your Lithium Americas position
In addition to having Lithium Americas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project Lithium Americas' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lithium Americas Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Lithium Americas' income statement, its balance sheet, and the statement of cash flows.