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Lithium Americas (LAC) Financials

Lithium Americas logo
$2.65 +0.02 (+0.76%)
As of 03:04 PM Eastern
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Annual Income Statements for Lithium Americas

Annual Income Statements for Lithium Americas

This table shows Lithium Americas' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -47 -68 -5.09 -43
Consolidated Net Income / (Loss)		 -47 -68 -5.09 -43
Net Income / (Loss) Continuing Operations		 -47 -68 -5.09 -43
Total Pre-Tax Income 		-47 -68 -5.09 -43
Total Operating Income		 -47 -65 -29 -28
Total Gross Profit		 -2.65 -4.04 0.00 0.00
Total Revenue		 0.00 0.00 0.00 0.00
Total Cost of Revenue		 2.65 4.04 0.00 0.00
Total Operating Expenses		 44 61 29 28
Selling, General & Admin Expense		 5.12 9.55 25 28
Exploration Expense		 36 47 4.15 0.20
Total Other Income / (Expense), net		 -0.00 -2.90 24 -14
Interest Expense		 - - 0.38 0.00
Other Income / (Expense), net		 -0.00 -2.90 24 -14
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - 0.00 0.11
Basic Earnings per Share		 - - ($0.03) ($0.21)
Weighted Average Basic Shares Outstanding		 160.05K 160.05K 160.36M 200.82M
Diluted Earnings per Share		 ($0.29) ($0.42) ($0.03) ($0.21)
Weighted Average Diluted Shares Outstanding		 160.05K 160.05K 160.36M 200.82M
Weighted Average Basic & Diluted Shares Outstanding		 160.05K 160.05K 160.36K 218.69M

Quarterly Income Statements for Lithium Americas

No quarterly income statements for Lithium Americas are available.

Annual Cash Flow Statements for Lithium Americas

This table details how cash moves in and out of Lithium Americas' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Change in Cash & Equivalents		 8.37 11 195 398
Net Cash From Operating Activities		 4.33 11 -40 -13
Net Cash From Continuing Operating Activities		 4.33 11 -40 -13
Net Income / (Loss) Continuing Operations		 -47 -68 -5.09 -43
Consolidated Net Income / (Loss)		 -47 -68 -5.09 -43
Depreciation Expense		 0.66 1.52 0.14 0.05
Amortization Expense		 - - 0.69 0.95
Non-Cash Adjustments To Reconcile Net Income		 48 68 -27 11
Changes in Operating Assets and Liabilities, net		 2.55 9.27 -7.96 17
Net Cash From Investing Activities		 4.03 0.00 -189 -178
Net Cash From Continuing Investing Activities		 4.03 0.00 -189 -178
Purchase of Property, Plant & Equipment		 - - -189 -178
Net Cash From Financing Activities		 0.00 0.00 424 589
Net Cash From Continuing Financing Activities		 0.00 0.00 424 589
Repayment of Debt		 - - 0.00 -2.24
Payment of Dividends		 - - -17 0.00
Issuance of Common Equity		 - - 320 592
Other Financing Activities, net		 - - 120 -0.84

Quarterly Cash Flow Statements for Lithium Americas

No quarterly cash flow statements for Lithium Americas are available.

Annual Balance Sheets for Lithium Americas

This table presents Lithium Americas' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets		 11 28 437 1,045
Total Current Assets		 1.81 1.94 206 602
Cash & Equivalents		 0.93 0.64 196 594
Accounts Receivable		 0.88 1.30 4.49 0.56
Prepaid Expenses		 - - 5.87 7.73
Plant, Property, & Equipment, net		 3.29 3.94 201 399
Total Noncurrent Assets		 5.75 9.51 30 44
Long-Term Investments		 - - 11 4.15
Other Noncurrent Operating Assets		 0.00 0.00 19 28
Other Noncurrent Nonoperating Assets		 - - 0.00 12
Total Liabilities & Shareholders' Equity		 11 28 437 1,045
Total Liabilities		 53 62 52 100
Total Current Liabilities		 4.52 54 25 58
Accounts Payable		 4.21 9.91 4.60 0.70
Accrued Expenses		 - - 19 52
Other Current Liabilities		 - - 1.23 5.82
Total Noncurrent Liabilities		 48 8.05 27 41
Capital Lease Obligations		 - - 3.02 17
Asset Retirement Reserve & Litigation Obligation		 - - 0.11 0.29
Other Noncurrent Operating Liabilities		 8.02 8.05 24 24
Commitments & Contingencies		 - - 0.00 0.00
Total Equity & Noncontrolling Interests		 -42 -34 385 945
Total Preferred & Common Equity		 -42 -34 385 635
Total Common Equity		 -42 -34 385 635
Common Stock		 151 226 398 691
Retained Earnings		 -193 -260 -13 -56
Noncontrolling Interest		 - - 0.00 310

Quarterly Balance Sheets for Lithium Americas

No quarterly balance sheets for Lithium Americas are available.

Annual Metrics and Ratios for Lithium Americas

This table displays calculated financial ratios and metrics derived from Lithium Americas' official financial filings.

Metric 2021 2022 2023 2024
Growth Metrics		 - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 0.00% -42.56% 94.14% -972.12%
EBIT Growth		 0.00% -43.80% 93.05% -804.97%
NOPAT Growth		 0.00% -37.65% 55.70% 1.57%
Net Income Growth		 0.00% -44.17% 92.50% -737.91%
EPS Growth		 0.00% -44.83% 92.86% -600.00%
Operating Cash Flow Growth		 0.00% 160.95% -449.57% 67.08%
Free Cash Flow Firm Growth		 0.00% 0.00% -359.41% 6.58%
Invested Capital Growth		 0.00% -38.51% 5,750.47% 94.52%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent		 99.74% 100.00% 100.00% 100.00%
Interest Burden Percent		 100.00% 100.00% 108.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 112.81% 178.17% -2.90% -6.41%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -112.87% -71.61%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 112.81% 178.17% -2.90% -4.91%
Return on Equity Simple (ROE_SIMPLE)		 112.81% 196.99% -1.32% -6.71%
Net Operating Profit after Tax (NOPAT)		 -33 -45 -20 -20
NOPAT Margin		 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 35.62% 63.39% 17.44% -5.73%
Return On Investment Capital (ROIC_SIMPLE)		 - - -5.19% -2.06%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -47 -68 -4.71 -43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -46 -66 -3.88 -42
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.75
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.75
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.58
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - -
Debt to Equity		 -0.97 -0.02 0.01 0.02
Long-Term Debt to Equity		 -0.96 0.00 0.01 0.02
Financial Leverage		 -0.94 -0.93 -0.49 -0.60
Leverage Ratio		 -0.26 -0.51 1.33 1.11
Compound Leverage Factor		 -0.26 -0.51 1.43 1.11
Debt to Total Capital		 -2,914.17% -2.15% 0.78% 1.75%
Short-Term Debt to Total Capital		 -21.91% -2.15% 0.00% 0.00%
Long-Term Debt to Total Capital		 -2,892.26% 0.00% 0.78% 1.75%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 32.25%
Common Equity to Total Capital		 3,014.17% 102.15% 99.22% 66.00%
Debt to EBITDA		 -0.87 -0.01 -0.78 -0.40
Net Debt to EBITDA		 -0.85 0.00 52.44 13.96
Long-Term Debt to EBITDA		 -0.86 0.00 -0.78 -0.40
Debt to NOPAT		 -1.22 -0.02 -0.15 -0.85
Net Debt to NOPAT		 -1.19 0.00 10.12 29.34
Long-Term Debt to NOPAT		 -1.21 0.00 -0.15 -0.85
Altman Z-Score		 0.00 0.00 0.00 3.28
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 23.33%
Liquidity Ratios		 - - - -
Current Ratio		 0.40 0.04 8.37 10.33
Quick Ratio		 0.40 0.04 8.13 10.20
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -45 -205 -191
Operating Cash Flow to CapEx		 0.00% 0.00% -20.92% -7.32%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 -542.71 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 -104.84 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 -606.02 0.00
Efficiency Ratios		 - - - -
Asset Turnover		 0.00 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.63 0.57 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 580.20 638.32 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - -
Invested Capital		 -2.32 -3.21 181 353
Invested Capital Turnover		 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 0.00 -0.89 184 171
Enterprise Value (EV)		 0.00 0.00 0.00 204
Market Capitalization		 0.00 0.00 0.00 475
Book Value per Share		 ($260.46) ($215.04) $2.40 $3.16
Tangible Book Value per Share		 ($296.37) ($274.49) $2.40 $3.16
Total Capital		 -1.38 -34 388 962
Total Debt		 40 0.72 3.02 17
Total Long-Term Debt		 40 0.00 3.02 17
Net Debt		 39 0.09 -204 -581
Capital Expenditures (CapEx)		 -4.03 0.00 189 178
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -3.34 -52 -14 -50
Debt-free Net Working Capital (DFNWC)		 -2.40 -52 181 544
Net Working Capital (NWC)		 -2.71 -52 181 544
Net Nonoperating Expense (NNE)		 14 22 -15 23
Net Nonoperating Obligations (NNO)		 39 31 -204 -593
Total Depreciation and Amortization (D&A)		 0.66 1.52 0.83 0.99
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 ($0.21)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 161.78M 200.82M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.02) ($0.21)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 161.78M 200.82M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 160.36K 218.69M
Normalized Net Operating Profit after Tax (NOPAT)		 -33 -45 -20 -20
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 0.00 0.00 -12.50 0.00
NOPAT to Interest Expense		 0.00 0.00 -53.38 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 -513.67 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 -554.56 0.00
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% 0.00% -333.67% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -333.67% 0.00%

Quarterly Metrics and Ratios for Lithium Americas

No quarterly metrics and ratios for Lithium Americas are available.

Frequently Asked Questions About Lithium Americas' Financials

When does Lithium Americas's financial year end?

According to the most recent income statement we have on file, Lithium Americas' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Lithium Americas' net income changed over the last 3 years?

Lithium Americas' net income appears to be on a downward trend, with a most recent value of -$42.63 million in 2024, falling from -$47.03 million in 2021. The previous period was -$5.09 million in 2023.

What is Lithium Americas's operating income?
Lithium Americas's total operating income in 2024 was -$28.30 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $28.30 million
How has Lithium Americas revenue changed over the last 3 years?

Over the last 3 years, Lithium Americas' total revenue changed from $0.00 in 2021 to $0.00 in 2024, a change of 0.0%.

How much debt does Lithium Americas have?

Lithium Americas' total liabilities were at $99.60 million at the end of 2024, a 91.7% increase from 2023, and a 89.6% increase since 2021.

How much cash does Lithium Americas have?

In the past 3 years, Lithium Americas' cash and equivalents has ranged from $636 thousand in 2022 to $593.89 million in 2024, and is currently $593.89 million as of their latest financial filing in 2024.

How has Lithium Americas' book value per share changed over the last 3 years?

Over the last 3 years, Lithium Americas' book value per share changed from -260.46 in 2021 to 3.16 in 2024, a change of -101.2%.

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This page (NYSE:LAC) was last updated on 4/16/2025 by MarketBeat.com Staff
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