Lithium Americas Corp Net Assets
Lithium Americas Corp net assets. Based on the latest financial reports, Lithium Americas Corp (LAC) has net assets worth CA$1.95 Billion CAD (≈ $1.41 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.53 Billion ≈ $2.55 Billion USD) and total liabilities (CA$1.58 Billion ≈ $1.15 Billion USD). 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. Also explore Lithium Americas Corp equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.95 Billion |
| % of Total Assets | 55.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | 195.3% |
| 10-Year Change | 3633.26% |
| Growth Volatility | 83.34 |
Net Assets of Lithium Americas Corp (2007–2025)
Net assets of Lithium Americas Corp from 2007 to 2025. This chart illustrates how Lithium Americas Corp's net assets have evolved over time, based on quarterly financial data. See Lithium Americas Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Lithium Americas Corp (2007–2025)
The table below shows the annual net assets of Lithium Americas Corp from 2007 to 2025. For live market cap and overall valuation, see market value of Lithium Americas Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.58 Billion ≈ $1.15 Billion |
+67.53% |
| 2024-12-31 | CA$945.34 Million ≈ $683.84 Million |
+133.50% |
| 2023-12-31 | CA$404.85 Million ≈ $292.86 Million |
+1276.32% |
| 2022-12-31 | CA$-34.42 Million ≈ $-24.90 Million |
-106.42% |
| 2021-12-31 | CA$536.32 Million ≈ $387.96 Million |
+181.23% |
| 2020-12-31 | CA$190.70 Million ≈ $137.95 Million |
+19.47% |
| 2019-12-31 | CA$159.62 Million ≈ $115.47 Million |
+93.99% |
| 2018-12-31 | CA$82.28 Million ≈ $59.52 Million |
-24.35% |
| 2017-12-31 | CA$108.77 Million ≈ $78.68 Million |
+156.39% |
| 2016-12-31 | CA$42.42 Million ≈ $30.69 Million |
-11.80% |
| 2016-09-30 | CA$48.10 Million ≈ $34.79 Million |
-21.04% |
| 2015-12-31 | CA$60.91 Million ≈ $44.06 Million |
+188.93% |
| 2014-12-31 | CA$21.08 Million ≈ $15.25 Million |
+55.39% |
| 2013-12-31 | CA$13.57 Million ≈ $9.81 Million |
+5.08% |
| 2012-12-31 | CA$12.91 Million ≈ $9.34 Million |
-63.72% |
| 2011-12-31 | CA$35.59 Million ≈ $25.74 Million |
+46.04% |
| 2010-12-31 | CA$24.37 Million ≈ $17.63 Million |
+129.91% |
| 2009-12-31 | CA$10.60 Million ≈ $7.67 Million |
+50.47% |
| 2008-12-31 | CA$7.04 Million ≈ $5.10 Million |
+1853567468.40% |
| 2007-12-31 | CA$-0.38 ≈ $-0.27 |
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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 22068204783.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Lithium Americas Corp Net Assets Breakdown (December 2025)
Lithium Americas Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$1.28 Billion | 120.89% |
| Total Equity | CA$1.06 Billion | 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 |
|---|---|
|
Cosmecca Korea Co. Ltd
KQ:241710
|
$696.27 Million |
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
$696.35 Million |
|
Quantum Corporation
NASDAQ:QMCO
|
$696.37 Million |
|
Formosa International Hotels Corp
TW:2707
|
$696.41 Million |
|
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507
|
$695.77 Million |
|
Doosan Pref Shs
KO:000155
|
$695.46 Million |
|
Allied Supreme Corp
TW:4770
|
$695.43 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
$695.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lithium Americas Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 635,004,000 to 1,056,827,226, a change of 421,823,226 (66.4%).
- Net loss of 124,224,197 reduced equity.
- New share issuances of 401,181,000 increased equity.
- Other factors increased equity by 144,866,423.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-124.22 Million | -11.75% |
| Share Issuances | CA$401.18 Million | +37.96% |
| Other Changes | CA$144.87 Million | +13.71% |
| Total Change | CA$- | 66.43% |
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: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$-0.01 | CA$2.65 | x |
| 2008-12-31 | CA$0.69 | CA$2.65 | x |
| 2009-12-31 | CA$0.95 | CA$2.65 | x |
| 2010-12-31 | CA$1.49 | CA$2.65 | x |
| 2011-12-31 | CA$1.94 | CA$2.65 | x |
| 2012-12-31 | CA$0.64 | CA$2.65 | x |
| 2013-12-31 | CA$0.67 | CA$2.65 | x |
| 2014-12-31 | CA$0.97 | CA$2.65 | x |
| 2015-12-31 | CA$2.29 | CA$2.65 | x |
| 2016-12-31 | CA$0.69 | CA$2.65 | x |
| 2017-12-31 | CA$1.43 | CA$2.65 | x |
| 2018-12-31 | CA$0.93 | CA$2.65 | x |
| 2019-12-31 | CA$1.74 | CA$2.65 | x |
| 2020-12-31 | CA$2.08 | CA$2.65 | x |
| 2021-12-31 | CA$4.51 | CA$2.65 | x |
| 2022-12-31 | CA$-0.26 | CA$2.65 | x |
| 2023-12-31 | CA$2.40 | CA$2.65 | x |
| 2024-12-31 | CA$3.16 | CA$2.65 | x |
| 2025-12-31 | CA$4.34 | CA$2.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lithium Americas Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.44x
- Recent ROE (-11.75%) is above the historical average (-17.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-57.15K |
| 2008 | -26.43% | 0.00% | 0.00x | 1.02x | CA$-2.57 Million |
| 2009 | -30.21% | 0.00% | 0.00x | 1.07x | CA$-4.26 Million |
| 2010 | -20.87% | 0.00% | 0.00x | 1.02x | CA$-7.52 Million |
| 2011 | -14.33% | 0.00% | 0.00x | 1.02x | CA$-8.66 Million |
| 2012 | -62.63% | 0.00% | 0.00x | 1.02x | CA$-9.38 Million |
| 2013 | 3.43% | 0.00% | 0.00x | 1.15x | CA$-890.80K |
| 2014 | -6.17% | 0.00% | 0.00x | 1.16x | CA$-3.41 Million |
| 2015 | -12.40% | 0.00% | 0.00x | 1.13x | CA$-13.65 Million |
| 2016 | -46.00% | -3568.87% | 0.01x | 1.05x | CA$-26.94 Million |
| 2016 | -52.16% | -3568.87% | 0.01x | 1.07x | CA$-26.37 Million |
| 2017 | -30.57% | -775.06% | 0.04x | 1.04x | CA$-44.13 Million |
| 2018 | -34.35% | -583.67% | 0.05x | 1.26x | CA$-36.50 Million |
| 2019 | 32.37% | 0.00% | 0.00x | 1.84x | CA$35.70 Million |
| 2020 | -13.22% | 0.00% | 0.00x | 1.71x | CA$-44.29 Million |
| 2021 | -8.77% | 0.00% | 0.00x | 1.52x | CA$-100.66 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-64.36 Million |
| 2023 | -1.32% | 0.00% | 0.00x | 1.13x | CA$-43.58 Million |
| 2024 | -6.70% | 0.00% | 0.00x | 1.65x | CA$-106.03 Million |
| 2025 | -11.75% | 0.00% | 0.00x | 2.44x | CA$-229.91 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: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lithium Americas Corp (LAC) | CA$1.95 Billion | 0.00% | 0.81x | $695.94 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 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