Lithium Americas Corp Asset Resilience Ratio
Lithium Americas Corp asset resilience ratio. Lithium Americas Corp (LAC) has an Asset Resilience Ratio of 15.88% as of June 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See operational self-sufficiency of Lithium Americas Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Lithium Americas Corp (2016–2021)
Asset resilience ratio of Lithium Americas Corp from 2016 to 2021. This chart shows how Lithium Americas Corp's Asset Resilience Ratio has changed over time. Read how much debt does Lithium Americas Corp carry for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Lithium Americas Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Lithium Americas Corp assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$56.95 Million | 15.88% |
| Total Liquid Assets | CA$56.95 Million | 15.88% |
Asset Resilience Insights
- Good Liquidity Position: Lithium Americas Corp maintains a healthy 15.88% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Lithium Americas Corp Industry Peers by Asset Resilience Ratio
Compare Lithium Americas Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
REalloys Inc.
NASDAQ:ALOY |
Other Industrial Metals & Mining | 0.03% |
|
Vale S.A
BA:VALE |
Other Industrial Metals & Mining | 0.21% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.03% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 3.86% |
Lithium Americas Corp Asset Resilience Ratio by Year (2016–2021)
Lithium Americas Corp asset resilience ratio by year from 2016 to 2021. The table below shows the annual Asset Resilience Ratio data for Lithium Americas Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 45.62% | CA$372.89 Million ≈ $269.75 Million |
CA$817.34 Million ≈ $591.25 Million |
-- |
| 2020-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$326.72 Million ≈ $236.35 Million |
-- |
| 2019-12-31 | 10.12% | CA$29.72 Million ≈ $21.50 Million |
CA$293.80 Million ≈ $212.53 Million |
-29.91pp |
| 2018-12-31 | 40.03% | CA$41.60 Million ≈ $30.10 Million |
CA$103.94 Million ≈ $75.19 Million |
-8.78pp |
| 2017-12-31 | 48.81% | CA$55.39 Million ≈ $40.07 Million |
CA$113.49 Million ≈ $82.10 Million |
+31.03pp |
| 2016-12-31 | 17.78% | CA$8.06 Million ≈ $5.83 Million |
CA$45.30 Million ≈ $32.77 Million |
-- |
About Lithium Americas Corp
Lithium Americas Corp., a resource and materials company, focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada. The company's flagship asset is the Thacker Pass project located in the McDermitt Caldera in Humboldt County, northern Nevada, as well as invests in exploration properties in the United States and Canada. L… Read more