Lithium Americas Corp. (LAC) 10-Year Financial Performance & Capital Metrics

LAC • • Industrial / General

Basic MaterialsIndustrial MaterialsBattery Metals & Critical MineralsLithium Developers

AboutLithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.Show more

Revenue $0
EBITDA -$26M +9.2%
Net Income -$40M -695.7%
EPS (Diluted) -0.21 -757.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -6.09% -109.7%
ROIC -7.12% +66.4%
Debt/Equity 0.02 +136.7%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 91 (top 9%)
✓Trading at only 1.2x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 25.2% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-600.61%

EPS CAGR

10Y-

5Y-

3Y-

TTM-532.22%

ROCE

10Y Avg-114.23%

5Y Avg-207.77%

3Y Avg-334.39%

Latest-3.85%

Peer Comparison

Lithium Developers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SLIStandard Lithium Ltd.	1.22B	5.13	6.26			68.23%	0.00
ATLXAtlas Lithium Corporation	144.46M	5.44	-1.87		-180.69%	-91.66%	0.47
ELVRElevra Lithium Limited	1.05B	62.29	-2.28	11.2%	-131.75%	-46.31%	0.16
CRMLWCritical Metals Corp.		7.26	-3.99			-23.29%
CRMLCritical Metals Corp.	1.74B	14.76	-8.11	5.79%	-335.36%	-217.54%
LITMSnow Lake Resources Ltd.	70.84M	3.93	-11.56			-10.08%	0.00
SGMLSigma Lithium Corporation	1.74B	15.66	-24.86	15.18%	-23.32%	-44.63%	1.91
LACLithium Americas Corp.	1.75B	5.76	-27.43			-26.94%	0.02

Profit & Loss

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	4.29M	4.84M	0	0	0	0	0	0
Revenue Growth %	-	-	-	0.13%	-1%	-	-	-	-	-
Cost of Goods Sold+	0	0	6.1M	6.8M	0	508.51K	0	0	0	944.37K
COGS % of Revenue	-	-	1.42%	1.4%	-	-	-	-	-	-
Gross Profit+	0	0	-1.81M	-1.96M	0	-508.51K	0	0	0	-944.37K
Gross Margin %	-	-	-0.42%	-0.4%	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	-0.08%	1%	-	1%	-	-	-
Operating Expenses+	6.6M	6.6M	23.47M	24.63M	19.34M	24.1M	44.49M	60.86M	28.75M	25.99M
OpEx % of Revenue	-	-	5.47%	5.09%	-	-	-	-	-	-
Selling, General & Admin	3.76M	4.08M	18.66M	13.94M	10.58M	24.1M	44.49M	60.86M	28.75M	25.99M
SG&A % of Revenue	-	-	4.35%	2.88%	-	-	-	-	-	-
Research & Development	659K	434K	423K	578K	0	0	0	0	0	0
R&D % of Revenue	-	-	0.1%	0.12%	-	-	-	-	-	-
Other Operating Expenses	73K	2.09M	642K	1.29M	8.76M	0	0	0	0	0
Operating Income+	-11.78M	-6.6M	-25.28M	-28.27M	59.66M	-24.61M	-44.49M	-60.86M	-28.75M	-26.94M
Operating Margin %	-	-	-5.89%	-5.84%	-	-	-	-	-	-
Operating Income Growth %	-1.36%	0.44%	-2.83%	-0.12%	3.11%	-1.41%	-0.81%	-0.37%	0.53%	0.06%
EBITDA+	-11.76M	-6.45M	-24.34M	-26.9M	60.72M	-24.1M	-43.84M	-60.06M	-28.61M	-25.99M
EBITDA Margin %	-	-	-5.67%	-5.56%	-	-	-	-	-	-
EBITDA Growth %	-1.36%	0.45%	-2.77%	-0.11%	3.26%	-1.4%	-0.82%	-0.37%	0.52%	0.09%
D&A (Non-Cash Add-back)	22K	151K	939K	1.36M	1.06M	508.51K	658K	801K	135K	944.37K
EBIT	-11.78M	-6.32M	-21.52M	-17.86M	58.23M	-24.61M	-44.49M	-60.86M	-28.75M	-40.59M
Net Interest Income+	0	0	0	0	-2.07M	-832	-2.36K	-3.59K	2.57K	14.74M
Interest Income	38K	29K	0	0	855K	0	0	0	2.57K	14.74M
Interest Expense	0	0	0	0	2.93M	832	2.36K	3.59K	0	0
Other Income/Expense	10.48M	-952K	-7.97M	0	-4.36M	-874.9K	-2.65M	-6.94M	23.66M	-13.65M
Pretax Income+	-1.3M	-7.55M	-33.25M	-28.27M	55.3M	-25.48M	-47.15M	-67.8M	-5.09M	-40.59M
Pretax Margin %	-	-	-7.75%	-5.84%	-	-	-	-	-	-
Income Tax+	0	0	0	0	1.45M	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	0.93%	1.04%	1%	1%	1%	1%
Net Income+	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-26.55M	-47.03M	-67.8M	-5.09M	-40.49M
Net Margin %	-	-	-7.75%	-5.84%	-	-	-	-	-	-
Net Income Growth %	-3.79%	-4.81%	-3.4%	0.15%	2.83%	-1.51%	-0.77%	-0.44%	0.92%	-6.96%
Net Income (Continuing)	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-25.48M	-47.15M	-67.8M	-5.09M	-40.59M
Discontinued Operations	0	0	0	0	0	-1.07M	122	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	310.34M
EPS (Diluted)+	-0.06	-0.28	-0.44	-0.32	0.56	-0.19	-0.35	-0.49	-0.02	-0.21
EPS Growth %	-3.62%	-3.67%	-0.57%	0.27%	2.75%	-1.34%	-0.84%	-0.4%	0.95%	-7.57%
EPS (Basic)	-0.06	-0.28	-0.44	-0.32	0.58	-0.19	-0.35	-0.49	-0.02	-0.21
Diluted Shares Outstanding	21.69M	26.63M	75.98M	88.6M	91.75M	133.75M	133.75M	133.75M	160.36M	200.82M
Basic Shares Outstanding	21.69M	26.63M	75.98M	88.6M	89.14M	133.75M	133.75M	133.75M	160.36M	200.82M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	7.96M	7.05M	61.22M	46.94M	92.91M	154.34M	1.81M	1.94M	205.88M	602.17M
Cash & Short-Term Investments	7.16M	5.55M	55.39M	41.6M	83.61M	148.07M	933K	636K	195.52M	593.88M
Cash Only	7.16M	5.55M	55.39M	41.6M	83.61M	148.07M	933K	636K	195.52M	593.88M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	158K	823K	1.02M	1.95M	2.6M	231K	123.83K	3K	4.49M	540
Days Sales Outstanding	-	-	86.53	146.74	-	-	-	-	-	-
Inventory	124K	426K	2.09M	1.62M	1.24M	1.84M	0	0	0	0
Days Inventory Outstanding	-	-	124.76	86.79	-	1.32K	-	-	-	-
Other Current Assets	0	0	0	1.77M	5.47M	3.93M	0	0	0	8.28M
Total Non-Current Assets+	16.39M	61.49M	52.27M	57M	200.88M	5.67M	9.04M	25.9M	231.01M	442.77M
Property, Plant & Equipment	16.39M	61.34M	20.17M	8.96M	162.78M	6.28M	9.04M	13.45M	217.1M	426.8M
Fixed Asset Turnover	-	-	0.21x	0.54x	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	19.64M	35.28M	0	0	0	12.45M	11.16M	4.15M
Other Non-Current Assets	0	150K	12.46M	12.76M	38.11M	-610K	0	0	2.74M	11.82M
Total Assets+	24.35M	68.54M	113.49M	103.94M	293.8M	326.72M	10.85M	27.84M	436.89M	1.04B
Asset Turnover	-	-	0.04x	0.05x	-	-	-	-	-	-
Asset Growth %	0.56%	1.81%	0.66%	-0.08%	1.83%	0.11%	-0.97%	1.57%	14.69%	1.39%
Total Current Liabilities+	1.92M	6.21M	3.72M	3.36M	14.99M	8.75M	4.52M	54.21M	24.59M	58.28M
Accounts Payable	0	0	0	2.82M	0	1.93M	4.21M	9.91M	4.59M	700K
Days Payables Outstanding	-	-	-	151.47	-	1.38K	-	-	-	270.55
Short-Term Debt	134K	2.93M	178K	539K	3.11M	3.55M	0	43.57M	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1.78M	3.29M	3.55M	0	11.88M	3.08M	303K	724K	7.23M	0
Current Ratio	4.16x	1.14x	16.44x	13.96x	6.20x	17.63x	0.40x	0.04x	8.37x	10.33x
Quick Ratio	4.09x	1.07x	15.88x	13.48x	6.12x	17.42x	0.40x	0.04x	8.37x	10.33x
Cash Conversion Cycle	-	-	-	82.06	-	-	-	-	-	-
Total Non-Current Liabilities+	1.36M	1.41M	1M	18.3M	119.19M	127.27M	48.02M	8.05M	27.38M	41.32M
Long-Term Debt	1.19M	1.11M	751K	18.03M	117.11M	121.22M	40M	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	1.75M	1.62M	3.02M	16.82M
Deferred Tax Liabilities	0	0	0	0	0	0	8.04K	0	0	0
Other Non-Current Liabilities	170K	300K	249K	269K	2.08M	6.04M	334.04K	480.7K	20.86M	21M
Total Liabilities	3.27M	7.63M	4.72M	21.66M	134.18M	136.02M	52.54M	62.26M	51.96M	99.6M
Total Debt+	1.32M	4.04M	929K	18.57M	120.22M	124.77M	41.76M	45.19M	3.89M	22.64M
Net Debt	-5.84M	-1.51M	-54.47M	-23.04M	36.61M	-23.3M	40.82M	44.55M	-191.62M	-571.25M
Debt / Equity	0.06x	0.07x	0.01x	0.23x	0.75x	0.65x	-	-	0.01x	0.02x
Debt / EBITDA	-	-	-	-	1.98x	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	0.60x	-	-	-	-	-
Interest Coverage	-	-	-	-	20.38x	-29576.58x	-18861.81x	-16947.09x	-	-
Total Equity+	21.08M	60.91M	108.77M	82.28M	159.62M	190.7M	-41.69M	-34.42M	384.93M	945.34M
Equity Growth %	0.55%	1.89%	0.79%	-0.24%	0.94%	0.19%	-1.22%	0.17%	12.18%	1.46%
Book Value per Share	0.97	2.29	1.43	0.93	1.74	1.43	-0.31	-0.26	2.40	4.71
Total Shareholders' Equity	21.08M	60.91M	108.77M	82.28M	159.62M	190.7M	-41.69M	-34.42M	384.93M	635M
Common Stock	53.04M	99.32M	197.39M	197.99M	200.91M	307.15M	0	0	383.06M	655.07M
Retained Earnings	-40.79M	-48.35M	-109.32M	-137.59M	-65.83M	-140.17M	-192.63M	-260.43M	-13.15M	-55.68M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-337K	-903K	-114K	-4.29M	-3.87M	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	310.34M

Cash Flow

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.42M	-6.71M	-12.91M	-18.54M	-17.65M	-20.25M	-42.94M	-51.99M	-39.53M	-13.01M
Operating CF Margin %	-	-	-3.01%	-3.83%	-	-	-	-	-	-
Operating CF Growth %	-0.23%	-0.24%	-0.92%	-0.44%	0.05%	-0.15%	-1.12%	-0.21%	0.24%	0.67%
Net Income	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-25.22M	-47.03M	-67.8M	-5.09M	-42.63M
Depreciation & Amortization	22K	151K	939K	1.36M	1.06M	483K	658K	1.52M	827K	992K
Stock-Based Compensation	1.15M	567K	11.57M	4.73M	4.13M	1.62M	1.8M	2.35M	5.58M	5.17M
Deferred Taxes	-5.19M	284K	9.38M	2.32M	-77.81M	0	0	0	0	0
Other Non-Cash Items	-47K	697K	291K	987K	744K	659K	-392K	3.08M	-32.51M	5.83M
Working Capital Changes	-64K	-857K	-1.84M	320K	2.57M	2.21M	2.03M	8.85M	-8.33M	17.64M
Change in Receivables	0	0	-596K	-264K	2.01M	175K	-525K	-423K	-4.26M	3.73M
Change in Inventory	-40K	-382K	-2.09M	443K	343K	0	0	0	0	0
Change in Payables	0	0	0	0	0	2.03M	2.55M	9.27M	-1.31M	-22K
Cash from Investing+	-11.6M	-4.29M	-25.55M	-10.67M	-8.36M	-661K	2.25M	-20.64M	-188.94M	-177.69M
Capital Expenditures	-11.76M	-4.36M	-1.69M	-2M	-29.85M	-667K	-1.93M	-5.63M	-188.94M	-177.69M
CapEx % of Revenue	-	-	0.39%	0.41%	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-150K	66K	-10.17M	2.67M	22.51M	6K	4.18M	0	0	0
Cash from Financing+	13.02M	9.98M	85.42M	15.78M	67.91M	21.2M	41.11M	72.34M	423.64M	589.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	13.02M	9.98M	85.42M	15.78M	67.91M	7.71M	-2.26M	0	103.52M	327.76M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-17.18M	-11.07M	-14.6M	-20.55M	-47.5M	-20.92M	-44.87M	-57.62M	-228.47M	-190.71M
FCF Margin %	-	-	-3.4%	-4.24%	-	-	-	-	-	-
FCF Growth %	-1.03%	0.36%	-0.32%	-0.41%	-1.31%	0.56%	-1.15%	-0.28%	-2.97%	0.17%
FCF per Share	-0.79	-0.42	-0.19	-0.23	-0.52	-0.16	-0.34	-0.43	-1.42	-0.95
FCF Conversion (FCF/Net Income)	4.17x	0.89x	0.39x	0.66x	-0.34x	0.76x	0.91x	0.77x	7.77x	0.32x
Interest Paid	0	0	0	0	0	0	0	0	168K	268K
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2014	2015	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-7.5%	-18.43%	-39.19%	-29.59%	42.72%	-15.16%	-63.11%	-	-2.9%	-6.09%
Return on Invested Capital (ROIC)	-94.17%	-13.27%	-33.35%	-37.34%	35.03%	-10.15%	-40.08%	-984.42%	-21.2%	-7.12%
Gross Margin	-	-	-42.26%	-40.41%	-	-	-	-	-	-
Net Margin	-	-	-775.06%	-583.67%	-	-	-	-	-	-
Debt / Equity	0.06x	0.07x	0.01x	0.23x	0.75x	0.65x	-	-	0.01x	0.02x
Interest Coverage	-	-	-	-	20.38x	-29576.58x	-18861.81x	-16947.09x	-	-
FCF Conversion	4.17x	0.89x	0.39x	0.66x	-0.34x	0.76x	0.91x	0.77x	7.77x	0.32x
Revenue Growth	-	-	-	12.89%	-100%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Lithium Americas Corp. (LAC) grew revenue by 0.0% over the past year. Growth has been modest.

Lithium Americas Corp. (LAC) reported a net loss of $241.5M for fiscal year 2024.

Dividend & Returns

Lithium Americas Corp. (LAC) has a return on equity (ROE) of -6.1%. Negative ROE indicates the company is unprofitable.

Lithium Americas Corp. (LAC) had negative free cash flow of $647.7M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Lithium Americas Corp. (LAC) 10-Year Financial Performance & Capital Metrics

LAC • • Industrial / General

Basic MaterialsIndustrial MaterialsBattery Metals & Critical MineralsLithium Developers

Revenue $0
EBITDA -$26M +9.2%
Net Income -$40M -695.7%
EPS (Diluted) -0.21 -757.1%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -6.09% -109.7%
ROIC -7.12% +66.4%
Debt/Equity 0.02 +136.7%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 91 (top 9%)
✓Trading at only 1.2x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 25.2% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-600.61%

EPS CAGR

10Y-

5Y-

3Y-

TTM-532.22%

ROCE

10Y Avg-114.23%

5Y Avg-207.77%

3Y Avg-334.39%

Latest-3.85%

Peer Comparison

Lithium Developers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SLIStandard Lithium Ltd.	1.22B	5.13	6.26			68.23%	0.00
ATLXAtlas Lithium Corporation	144.46M	5.44	-1.87		-180.69%	-91.66%	0.47
ELVRElevra Lithium Limited	1.05B	62.29	-2.28	11.2%	-131.75%	-46.31%	0.16
CRMLWCritical Metals Corp.		7.26	-3.99			-23.29%
CRMLCritical Metals Corp.	1.74B	14.76	-8.11	5.79%	-335.36%	-217.54%
LITMSnow Lake Resources Ltd.	70.84M	3.93	-11.56			-10.08%	0.00
SGMLSigma Lithium Corporation	1.74B	15.66	-24.86	15.18%	-23.32%	-44.63%	1.91
LACLithium Americas Corp.	1.75B	5.76	-27.43			-26.94%	0.02

Profit & Loss

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	4.29M	4.84M	0	0	0	0	0	0
Revenue Growth %	-	-	-	0.13%	-1%	-	-	-	-	-
Cost of Goods Sold+	0	0	6.1M	6.8M	0	508.51K	0	0	0	944.37K
COGS % of Revenue	-	-	1.42%	1.4%	-	-	-	-	-	-
Gross Profit+	0	0	-1.81M	-1.96M	0	-508.51K	0	0	0	-944.37K
Gross Margin %	-	-	-0.42%	-0.4%	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	-0.08%	1%	-	1%	-	-	-
Operating Expenses+	6.6M	6.6M	23.47M	24.63M	19.34M	24.1M	44.49M	60.86M	28.75M	25.99M
OpEx % of Revenue	-	-	5.47%	5.09%	-	-	-	-	-	-
Selling, General & Admin	3.76M	4.08M	18.66M	13.94M	10.58M	24.1M	44.49M	60.86M	28.75M	25.99M
SG&A % of Revenue	-	-	4.35%	2.88%	-	-	-	-	-	-
Research & Development	659K	434K	423K	578K	0	0	0	0	0	0
R&D % of Revenue	-	-	0.1%	0.12%	-	-	-	-	-	-
Other Operating Expenses	73K	2.09M	642K	1.29M	8.76M	0	0	0	0	0
Operating Income+	-11.78M	-6.6M	-25.28M	-28.27M	59.66M	-24.61M	-44.49M	-60.86M	-28.75M	-26.94M
Operating Margin %	-	-	-5.89%	-5.84%	-	-	-	-	-	-
Operating Income Growth %	-1.36%	0.44%	-2.83%	-0.12%	3.11%	-1.41%	-0.81%	-0.37%	0.53%	0.06%
EBITDA+	-11.76M	-6.45M	-24.34M	-26.9M	60.72M	-24.1M	-43.84M	-60.06M	-28.61M	-25.99M
EBITDA Margin %	-	-	-5.67%	-5.56%	-	-	-	-	-	-
EBITDA Growth %	-1.36%	0.45%	-2.77%	-0.11%	3.26%	-1.4%	-0.82%	-0.37%	0.52%	0.09%
D&A (Non-Cash Add-back)	22K	151K	939K	1.36M	1.06M	508.51K	658K	801K	135K	944.37K
EBIT	-11.78M	-6.32M	-21.52M	-17.86M	58.23M	-24.61M	-44.49M	-60.86M	-28.75M	-40.59M
Net Interest Income+	0	0	0	0	-2.07M	-832	-2.36K	-3.59K	2.57K	14.74M
Interest Income	38K	29K	0	0	855K	0	0	0	2.57K	14.74M
Interest Expense	0	0	0	0	2.93M	832	2.36K	3.59K	0	0
Other Income/Expense	10.48M	-952K	-7.97M	0	-4.36M	-874.9K	-2.65M	-6.94M	23.66M	-13.65M
Pretax Income+	-1.3M	-7.55M	-33.25M	-28.27M	55.3M	-25.48M	-47.15M	-67.8M	-5.09M	-40.59M
Pretax Margin %	-	-	-7.75%	-5.84%	-	-	-	-	-	-
Income Tax+	0	0	0	0	1.45M	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	0.93%	1.04%	1%	1%	1%	1%
Net Income+	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-26.55M	-47.03M	-67.8M	-5.09M	-40.49M
Net Margin %	-	-	-7.75%	-5.84%	-	-	-	-	-	-
Net Income Growth %	-3.79%	-4.81%	-3.4%	0.15%	2.83%	-1.51%	-0.77%	-0.44%	0.92%	-6.96%
Net Income (Continuing)	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-25.48M	-47.15M	-67.8M	-5.09M	-40.59M
Discontinued Operations	0	0	0	0	0	-1.07M	122	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	310.34M
EPS (Diluted)+	-0.06	-0.28	-0.44	-0.32	0.56	-0.19	-0.35	-0.49	-0.02	-0.21
EPS Growth %	-3.62%	-3.67%	-0.57%	0.27%	2.75%	-1.34%	-0.84%	-0.4%	0.95%	-7.57%
EPS (Basic)	-0.06	-0.28	-0.44	-0.32	0.58	-0.19	-0.35	-0.49	-0.02	-0.21
Diluted Shares Outstanding	21.69M	26.63M	75.98M	88.6M	91.75M	133.75M	133.75M	133.75M	160.36M	200.82M
Basic Shares Outstanding	21.69M	26.63M	75.98M	88.6M	89.14M	133.75M	133.75M	133.75M	160.36M	200.82M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	7.96M	7.05M	61.22M	46.94M	92.91M	154.34M	1.81M	1.94M	205.88M	602.17M
Cash & Short-Term Investments	7.16M	5.55M	55.39M	41.6M	83.61M	148.07M	933K	636K	195.52M	593.88M
Cash Only	7.16M	5.55M	55.39M	41.6M	83.61M	148.07M	933K	636K	195.52M	593.88M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	158K	823K	1.02M	1.95M	2.6M	231K	123.83K	3K	4.49M	540
Days Sales Outstanding	-	-	86.53	146.74	-	-	-	-	-	-
Inventory	124K	426K	2.09M	1.62M	1.24M	1.84M	0	0	0	0
Days Inventory Outstanding	-	-	124.76	86.79	-	1.32K	-	-	-	-
Other Current Assets	0	0	0	1.77M	5.47M	3.93M	0	0	0	8.28M
Total Non-Current Assets+	16.39M	61.49M	52.27M	57M	200.88M	5.67M	9.04M	25.9M	231.01M	442.77M
Property, Plant & Equipment	16.39M	61.34M	20.17M	8.96M	162.78M	6.28M	9.04M	13.45M	217.1M	426.8M
Fixed Asset Turnover	-	-	0.21x	0.54x	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	19.64M	35.28M	0	0	0	12.45M	11.16M	4.15M
Other Non-Current Assets	0	150K	12.46M	12.76M	38.11M	-610K	0	0	2.74M	11.82M
Total Assets+	24.35M	68.54M	113.49M	103.94M	293.8M	326.72M	10.85M	27.84M	436.89M	1.04B
Asset Turnover	-	-	0.04x	0.05x	-	-	-	-	-	-
Asset Growth %	0.56%	1.81%	0.66%	-0.08%	1.83%	0.11%	-0.97%	1.57%	14.69%	1.39%
Total Current Liabilities+	1.92M	6.21M	3.72M	3.36M	14.99M	8.75M	4.52M	54.21M	24.59M	58.28M
Accounts Payable	0	0	0	2.82M	0	1.93M	4.21M	9.91M	4.59M	700K
Days Payables Outstanding	-	-	-	151.47	-	1.38K	-	-	-	270.55
Short-Term Debt	134K	2.93M	178K	539K	3.11M	3.55M	0	43.57M	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1.78M	3.29M	3.55M	0	11.88M	3.08M	303K	724K	7.23M	0
Current Ratio	4.16x	1.14x	16.44x	13.96x	6.20x	17.63x	0.40x	0.04x	8.37x	10.33x
Quick Ratio	4.09x	1.07x	15.88x	13.48x	6.12x	17.42x	0.40x	0.04x	8.37x	10.33x
Cash Conversion Cycle	-	-	-	82.06	-	-	-	-	-	-
Total Non-Current Liabilities+	1.36M	1.41M	1M	18.3M	119.19M	127.27M	48.02M	8.05M	27.38M	41.32M
Long-Term Debt	1.19M	1.11M	751K	18.03M	117.11M	121.22M	40M	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	1.75M	1.62M	3.02M	16.82M
Deferred Tax Liabilities	0	0	0	0	0	0	8.04K	0	0	0
Other Non-Current Liabilities	170K	300K	249K	269K	2.08M	6.04M	334.04K	480.7K	20.86M	21M
Total Liabilities	3.27M	7.63M	4.72M	21.66M	134.18M	136.02M	52.54M	62.26M	51.96M	99.6M
Total Debt+	1.32M	4.04M	929K	18.57M	120.22M	124.77M	41.76M	45.19M	3.89M	22.64M
Net Debt	-5.84M	-1.51M	-54.47M	-23.04M	36.61M	-23.3M	40.82M	44.55M	-191.62M	-571.25M
Debt / Equity	0.06x	0.07x	0.01x	0.23x	0.75x	0.65x	-	-	0.01x	0.02x
Debt / EBITDA	-	-	-	-	1.98x	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	0.60x	-	-	-	-	-
Interest Coverage	-	-	-	-	20.38x	-29576.58x	-18861.81x	-16947.09x	-	-
Total Equity+	21.08M	60.91M	108.77M	82.28M	159.62M	190.7M	-41.69M	-34.42M	384.93M	945.34M
Equity Growth %	0.55%	1.89%	0.79%	-0.24%	0.94%	0.19%	-1.22%	0.17%	12.18%	1.46%
Book Value per Share	0.97	2.29	1.43	0.93	1.74	1.43	-0.31	-0.26	2.40	4.71
Total Shareholders' Equity	21.08M	60.91M	108.77M	82.28M	159.62M	190.7M	-41.69M	-34.42M	384.93M	635M
Common Stock	53.04M	99.32M	197.39M	197.99M	200.91M	307.15M	0	0	383.06M	655.07M
Retained Earnings	-40.79M	-48.35M	-109.32M	-137.59M	-65.83M	-140.17M	-192.63M	-260.43M	-13.15M	-55.68M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-337K	-903K	-114K	-4.29M	-3.87M	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	310.34M

Cash Flow

	Sep 2014	Sep 2015	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.42M	-6.71M	-12.91M	-18.54M	-17.65M	-20.25M	-42.94M	-51.99M	-39.53M	-13.01M
Operating CF Margin %	-	-	-3.01%	-3.83%	-	-	-	-	-	-
Operating CF Growth %	-0.23%	-0.24%	-0.92%	-0.44%	0.05%	-0.15%	-1.12%	-0.21%	0.24%	0.67%
Net Income	-1.3M	-7.55M	-33.25M	-28.27M	51.66M	-25.22M	-47.03M	-67.8M	-5.09M	-42.63M
Depreciation & Amortization	22K	151K	939K	1.36M	1.06M	483K	658K	1.52M	827K	992K
Stock-Based Compensation	1.15M	567K	11.57M	4.73M	4.13M	1.62M	1.8M	2.35M	5.58M	5.17M
Deferred Taxes	-5.19M	284K	9.38M	2.32M	-77.81M	0	0	0	0	0
Other Non-Cash Items	-47K	697K	291K	987K	744K	659K	-392K	3.08M	-32.51M	5.83M
Working Capital Changes	-64K	-857K	-1.84M	320K	2.57M	2.21M	2.03M	8.85M	-8.33M	17.64M
Change in Receivables	0	0	-596K	-264K	2.01M	175K	-525K	-423K	-4.26M	3.73M
Change in Inventory	-40K	-382K	-2.09M	443K	343K	0	0	0	0	0
Change in Payables	0	0	0	0	0	2.03M	2.55M	9.27M	-1.31M	-22K
Cash from Investing+	-11.6M	-4.29M	-25.55M	-10.67M	-8.36M	-661K	2.25M	-20.64M	-188.94M	-177.69M
Capital Expenditures	-11.76M	-4.36M	-1.69M	-2M	-29.85M	-667K	-1.93M	-5.63M	-188.94M	-177.69M
CapEx % of Revenue	-	-	0.39%	0.41%	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-150K	66K	-10.17M	2.67M	22.51M	6K	4.18M	0	0	0
Cash from Financing+	13.02M	9.98M	85.42M	15.78M	67.91M	21.2M	41.11M	72.34M	423.64M	589.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	13.02M	9.98M	85.42M	15.78M	67.91M	7.71M	-2.26M	0	103.52M	327.76M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-17.18M	-11.07M	-14.6M	-20.55M	-47.5M	-20.92M	-44.87M	-57.62M	-228.47M	-190.71M
FCF Margin %	-	-	-3.4%	-4.24%	-	-	-	-	-	-
FCF Growth %	-1.03%	0.36%	-0.32%	-0.41%	-1.31%	0.56%	-1.15%	-0.28%	-2.97%	0.17%
FCF per Share	-0.79	-0.42	-0.19	-0.23	-0.52	-0.16	-0.34	-0.43	-1.42	-0.95
FCF Conversion (FCF/Net Income)	4.17x	0.89x	0.39x	0.66x	-0.34x	0.76x	0.91x	0.77x	7.77x	0.32x
Interest Paid	0	0	0	0	0	0	0	0	168K	268K
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2014	2015	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-7.5%	-18.43%	-39.19%	-29.59%	42.72%	-15.16%	-63.11%	-	-2.9%	-6.09%
Return on Invested Capital (ROIC)	-94.17%	-13.27%	-33.35%	-37.34%	35.03%	-10.15%	-40.08%	-984.42%	-21.2%	-7.12%
Gross Margin	-	-	-42.26%	-40.41%	-	-	-	-	-	-
Net Margin	-	-	-775.06%	-583.67%	-	-	-	-	-	-
Debt / Equity	0.06x	0.07x	0.01x	0.23x	0.75x	0.65x	-	-	0.01x	0.02x
Interest Coverage	-	-	-	-	20.38x	-29576.58x	-18861.81x	-16947.09x	-	-
FCF Conversion	4.17x	0.89x	0.39x	0.66x	-0.34x	0.76x	0.91x	0.77x	7.77x	0.32x
Revenue Growth	-	-	-	12.89%	-100%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Lithium Americas Corp. (LAC) grew revenue by 0.0% over the past year. Growth has been modest.

Lithium Americas Corp. (LAC) reported a net loss of $241.5M for fiscal year 2024.

Dividend & Returns

Lithium Americas Corp. (LAC) has a return on equity (ROE) of -6.1%. Negative ROE indicates the company is unprofitable.

Lithium Americas Corp. (LAC) had negative free cash flow of $647.7M in fiscal year 2024, likely due to heavy capital investments.