Lithium Historical Balance Sheet

LAAC Stock   4.07  0.06  1.50%   
Trend analysis of Lithium Americas Corp balance sheet accounts such as Non Current Assets Total of 967.5 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

1.1 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' Total Current Liabilities is very stable compared to the past year. As of the 27th of December 2024, Net Debt is likely to grow to about 84.7 M, though Retained Earnings are likely to grow to (628.1 M).

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.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
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' Total Current Liabilities is very stable compared to the past year. As of the 27th of December 2024, Net Debt is likely to grow to about 84.7 M, though Retained Earnings are likely to grow to (628.1 M).
 2021 2022 2023 2024 (projected)
Total Current Liabilities8.3M19.6M14.6M15.3M
Other Current Liabilities7.3M16.5M9.6M6.1M

Lithium Americas balance sheet Correlations

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Lithium Americas Account Relationship Matchups

Lithium Americas balance sheet Accounts

201920202021202220232024 (projected)
Total Assets293.8M326.7M817.3M1.0B1.1B1.1B
Total Stockholder Equity159.6M190.7M536.3M784.0M828.9M870.4M
Property Plant And Equipment Net162.8M6.3M10.0M357.7M352.3M370.0M
Retained Earnings(65.8M)(140.2M)(178.7M)(272.2M)(661.2M)(628.1M)
Non Current Assets Total200.9M172.4M284.8M660.5M921.5M967.5M
Common Stock Shares Outstanding91.8M91.8M118.8M133.7M153.8M161.5M
Liabilities And Stockholders Equity293.8M326.7M817.3M1.0B1.1B1.1B
Total Current Liabilities15.0M8.8M8.3M19.6M14.6M15.3M
Net Debt36.6M(23.3M)(245.6M)13.1M80.7M84.7M
Cash83.6M148.1M510.6M194.5M122.3M84.4M
Cash And Short Term Investments83.6M148.1M510.6M352.1M122.3M95.2M
Net Receivables2.6M1.3M2.0M4.0M4.6M4.8M
Other Stockholder Equity28.4M27.2M28.5M30.2M17.7M33.8M
Total Liab134.2M136.0M281.0M232.5M226.1M237.4M
Total Current Assets92.9M154.3M532.6M356.1M133.6M100.0M
Accumulated Other Comprehensive Income(114K)(4.3M)(3.9M)(3.5M)(3.1M)(3.0M)
Non Currrent Assets Other38.1M34.7M105.4M229.9M328.3M344.7M
Short Long Term Debt Total120.2M124.8M265.0M207.6M203.0M213.1M
Non Current Liabilities Total119.2M127.3M272.8M212.9M211.5M222.1M
Short Term Debt3.1M3.6M909K3.1M2.6M1.7M
Common Stock200.9M307.2M690.0M1.0B1.5B1.5B

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

  0.66FIL Filo Mining 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.