Lithium Short Term Coverage Ratios from 2010 to 2024

LAC Stock  USD 3.37  0.21  5.87%   
Lithium Americas' Short Term Coverage Ratios is increasing over the years with slightly volatile fluctuation. Short Term Coverage Ratios is expected to dwindle to -1.41. During the period from 2010 to 2024 Lithium Americas Short Term Coverage Ratios annual values regression line had coefficient of variation of (92.18) and r-squared of  0.39. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
(1.35)
Current Value
(1.41)
Quarterly Volatility
25.4917387
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lithium Americas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lithium Americas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 496 K, Interest Expense of 3.6 M or Selling General Administrative of 9.8 M, as well as many indicators such as Price To Sales Ratio of 74.86, Dividend Yield of 0.0 or PTB Ratio of 2.64. Lithium financial statements analysis is a perfect complement when working with Lithium Americas Valuation or Volatility modules.
  
Check out the analysis of Lithium Americas Correlation against competitors.

Latest Lithium Americas' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Lithium Americas Corp over the last few years. It is Lithium Americas' Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lithium Americas' overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Lithium Short Term Coverage Ratios Regression Statistics

Arithmetic Mean(27.65)
Coefficient Of Variation(92.18)
Mean Deviation22.82
Median(34.40)
Standard Deviation25.49
Sample Variance649.83
Range71.2006
R-Value0.63
Mean Square Error424.58
R-Squared0.39
Significance0.01
Slope3.57
Total Sum of Squares9,098

Lithium Short Term Coverage Ratios History

2024 -1.41
2023 -1.35
2021 -1.5
2020 -8.7
2019 -5.67
2018 -34.4
2017 -72.55

About Lithium Americas Financial Statements

Lithium Americas stakeholders use historical fundamental indicators, such as Lithium Americas' Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Lithium Americas investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lithium Americas' assets and liabilities are reflected in the revenues and expenses on Lithium Americas' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Lithium Americas Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios(1.35)(1.41)

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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 the analysis of Lithium Americas Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.