Lithium Americas Corp
Lithium Americas Corp. focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada. Its 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. The company was incorporated in 2023 and is he… Read more
Lithium Americas Corp (LAC) - Net Assets
Latest net assets as of September 2025: $896.22 Million USD
Based on the latest financial reports, Lithium Americas Corp (LAC) has net assets worth $896.22 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.45 Billion) and total liabilities ($555.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $896.22 Million |
| % of Total Assets | 61.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 395.71% |
| 10-Year Change | 1865.45% |
| Growth Volatility | 78.69 |
Lithium Americas Corp - Net Assets Trend (2007–2024)
This chart illustrates how Lithium Americas Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lithium Americas Corp (2007–2024)
The table below shows the annual net assets of Lithium Americas Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $945.34 Million | +145.59% |
| 2023-12-31 | $384.93 Million | -50.90% |
| 2022-12-31 | $784.00 Million | +46.18% |
| 2021-12-31 | $536.32 Million | +181.23% |
| 2020-12-31 | $190.70 Million | +19.47% |
| 2019-12-31 | $159.62 Million | +93.99% |
| 2018-12-31 | $82.28 Million | -24.35% |
| 2017-12-31 | $108.77 Million | +156.39% |
| 2016-12-31 | $42.42 Million | -11.80% |
| 2016-09-30 | $48.10 Million | -21.04% |
| 2015-12-31 | $60.91 Million | +188.93% |
| 2014-12-31 | $21.08 Million | +55.39% |
| 2013-12-31 | $13.57 Million | +5.08% |
| 2012-12-31 | $12.91 Million | -63.72% |
| 2011-12-31 | $35.59 Million | +46.04% |
| 2010-12-31 | $24.37 Million | +129.91% |
| 2009-12-31 | $10.60 Million | +50.47% |
| 2008-12-31 | $7.04 Million | +1853567468.40% |
| 2007-12-31 | $-0.38 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lithium Americas Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5561850483.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $655.07 Million | 103.16% |
| Other Components | $35.62 Million | 5.61% |
| Total Equity | $635.00 Million | 100.00% |
Lithium Americas Corp Competitors by Market Cap
The table below lists competitors of Lithium Americas Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COVIVIO HOTELS INH. EO 4
F:9FM
|
$1.25 Billion |
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
$1.25 Billion |
|
goeasy Ltd
PINK:EHMEF
|
$1.25 Billion |
|
MGI Tech Co. Ltd. A
SHG:688114
|
$1.26 Billion |
|
Pebblebrook Hotel Trust
NYSE:PEB
|
$1.25 Billion |
|
Dongfeng Group
PINK:DNFGF
|
$1.25 Billion |
|
Star Health and Allied Insurance Company Limited
NSE:STARHEALTH
|
$1.25 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Americas Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 384,929,000 to 635,004,000, a change of 250,075,000 (65.0%).
- Net loss of 40,486,073 reduced equity.
- Share repurchases of 262,146,000 reduced equity.
- New share issuances of 262,146,000 increased equity.
- Other comprehensive income decreased equity by 14,943,153.
- Other factors increased equity by 305,504,226.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.49 Million | -6.38% |
| Share Repurchases | $262.15 Million | -41.28% |
| Share Issuances | $262.15 Million | +41.28% |
| Other Comprehensive Income | $-14.94 Million | -2.35% |
| Other Changes | $305.50 Million | +48.11% |
| Total Change | $- | 64.97% |
Book Value vs Market Value Analysis
This analysis compares Lithium Americas Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $-0.01 | $4.50 | x |
| 2008-12-31 | $0.69 | $4.50 | x |
| 2009-12-31 | $0.95 | $4.50 | x |
| 2010-12-31 | $1.49 | $4.50 | x |
| 2011-12-31 | $1.94 | $4.50 | x |
| 2012-12-31 | $0.64 | $4.50 | x |
| 2013-12-31 | $0.67 | $4.50 | x |
| 2014-12-31 | $0.97 | $4.50 | x |
| 2015-12-31 | $2.29 | $4.50 | x |
| 2016-09-30 | $0.00 | $4.50 | x |
| 2016-12-31 | $0.69 | $4.50 | x |
| 2017-12-31 | $1.43 | $4.50 | x |
| 2018-12-31 | $0.93 | $4.50 | x |
| 2019-12-31 | $1.74 | $4.50 | x |
| 2020-12-31 | $1.19 | $4.50 | x |
| 2021-12-31 | $3.35 | $4.50 | x |
| 2022-12-31 | $4.90 | $4.50 | x |
| 2023-12-31 | $2.40 | $4.50 | x |
| 2024-12-31 | $3.16 | $4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Americas Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.65x
- Recent ROE (-6.38%) is above the historical average (-18.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-57.15K |
| 2008 | -28.83% | 0.00% | 0.00x | 1.02x | $-2.73 Million |
| 2009 | -30.21% | 0.00% | 0.00x | 1.07x | $-4.26 Million |
| 2010 | -20.87% | 0.00% | 0.00x | 1.02x | $-7.52 Million |
| 2011 | -15.09% | 0.00% | 0.00x | 1.02x | $-8.93 Million |
| 2012 | -62.63% | 0.00% | 0.00x | 1.02x | $-9.38 Million |
| 2013 | 3.43% | 0.00% | 0.00x | 1.15x | $-890.80K |
| 2014 | -6.17% | 0.00% | 0.00x | 1.16x | $-3.41 Million |
| 2015 | -12.40% | 0.00% | 0.00x | 1.13x | $-13.65 Million |
| 2016 | -46.00% | -3568.87% | 0.01x | 1.05x | $-26.94 Million |
| 2016 | -52.16% | -3568.87% | 0.01x | 1.07x | $-26.37 Million |
| 2017 | -30.57% | -775.06% | 0.04x | 1.04x | $-44.13 Million |
| 2018 | -34.35% | -583.67% | 0.05x | 1.26x | $-36.50 Million |
| 2019 | 32.37% | 0.00% | 0.00x | 1.84x | $35.70 Million |
| 2020 | -13.92% | 0.00% | 0.00x | 1.71x | $-45.62 Million |
| 2021 | -8.77% | 0.00% | 0.00x | 1.52x | $-100.66 Million |
| 2022 | -8.65% | 0.00% | 0.00x | 1.30x | $-146.20 Million |
| 2023 | -1.32% | 0.00% | 0.00x | 1.13x | $-43.58 Million |
| 2024 | -6.38% | 0.00% | 0.00x | 1.65x | $-103.99 Million |
Industry Comparison
This section compares Lithium Americas Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium Americas Corp (LAC) | $896.22 Million | 0.00% | 0.62x | $1.25 Billion |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |