Lithium Historical Financial Ratios
LAC Stock | CAD 4.08 0.10 2.39% |
Lithium Americas is lately reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 93.3 will help investors to properly organize and evaluate Lithium Americas Corp financial condition quickly.
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About Lithium Financial Ratios Analysis
Lithium Americas CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Lithium Americas investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Lithium financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Lithium Americas history.
Lithium Americas Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lithium Americas Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lithium Americas sales, a figure that is much harder to manipulate than other Lithium Americas Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Lithium Americas' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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' Net Debt To EBITDA is very stable compared to the past year. As of the 26th of March 2025, Current Ratio is likely to grow to 13.34, while Book Value Per Share is likely to drop 1.25.
2024 | 2025 (projected) | Interest Debt Per Share | 0.0374 | 0.0355 | Revenue Per Share | 0.0629 | 0.0612 |
Lithium Americas fundamentals Correlations
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Lithium Americas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Americas fundamentals Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Ptb Ratio | 1.09 | 6.51 | 5.37 | 2.39 | 2.52 | 2.27 | |
Book Value Per Share | 1.79 | 1.19 | 3.35 | 4.9 | 2.54 | 1.25 | |
Free Cash Flow Yield | (0.0746) | (0.0191) | (0.0383) | (0.22) | (0.2) | (0.21) | |
Operating Cash Flow Per Share | (0.19) | (0.33) | (0.41) | (0.24) | (0.27) | (0.29) | |
Capex To Depreciation | 89.91 | 2.03 | 3.83 | 411.92 | 473.7 | 497.39 | |
Pb Ratio | 1.09 | 6.51 | 5.37 | 2.39 | 2.52 | 2.27 | |
Free Cash Flow Per Share | (0.58) | (0.34) | (0.45) | (1.42) | (1.63) | (1.55) | |
Roic | (0.19) | (21.37) | (1.15) | (0.0666) | (0.0766) | (0.0804) | |
Net Income Per Share | (0.22) | (0.36) | (0.3) | (0.0245) | (0.0221) | (0.0232) | |
Cash Per Share | 0.93 | 0.00583 | 0.99 | 1.22 | 1.1 | 1.15 | |
Pocfratio | (40.22) | (54.2) | (28.76) | (27.04) | (24.33) | (25.55) | |
Interest Coverage | (7.92) | (2.87) | (5.52) | (7.78) | (7.0) | (7.35) | |
Capex To Operating Cash Flow | (2.0) | (0.0353) | (0.1) | (5.08) | (4.57) | (4.35) | |
Pfcf Ratio | (13.4) | (52.35) | (26.09) | (4.51) | (4.06) | (4.26) | |
Income Quality | 0.85 | 1.38 | 0.7 | 9.65 | 8.68 | 9.12 | |
Roe | (0.18) | (0.11) | (0.0614) | (0.009655) | (0.008689) | (0.009124) | |
Ev To Operating Cash Flow | (39.46) | (59.17) | (31.93) | (21.97) | (19.77) | (20.76) | |
Pe Ratio | (35.26) | (49.4) | (38.97) | (260.89) | (234.8) | (223.06) | |
Ev To Free Cash Flow | (13.15) | (57.15) | (28.97) | (3.66) | (3.29) | (3.46) | |
Earnings Yield | (0.0284) | (0.0202) | (0.0257) | (0.003833) | (0.00345) | (0.003622) | |
Current Ratio | 17.63 | 0.22 | 0.0986 | 8.38 | 9.64 | 13.34 | |
Tangible Book Value Per Share | 1.79 | 1.19 | 3.35 | 4.9 | 2.54 | 1.25 | |
Shareholders Equity Per Share | 1.79 | 1.19 | 3.35 | 4.9 | 2.54 | 1.25 | |
Debt To Equity | 0.65 | 0.49 | 0.26 | 0.00764 | 0.006876 | 0.006532 | |
Capex Per Share | 0.39 | 0.0117 | 0.0417 | 1.2 | 1.08 | 1.14 | |
Graham Net Net | 0.0811 | (1.75) | (0.46) | 1.03 | 1.18 | 1.24 | |
Interest Debt Per Share | 0.8 | 1.74 | 1.43 | 0.0415 | 0.0374 | 0.0355 | |
Debt To Assets | 0.38 | 0.32 | 0.2 | 0.007083 | 0.006375 | 0.006056 | |
Enterprise Value Over E B I T D A | (50.57) | (72.41) | (34.84) | (30.48) | (27.43) | (28.8) | |
Short Term Coverage Ratios | (34.4) | (5.67) | (8.7) | (1.5) | (1.35) | (1.41) | |
Price Earnings Ratio | (35.26) | (49.4) | (38.97) | (260.89) | (234.8) | (223.06) | |
Price Book Value Ratio | 1.09 | 6.51 | 5.37 | 2.39 | 2.52 | 2.27 |
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 against Lithium Stock
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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.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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.