Lithium Americas Corp (LAC) - Net Assets

Latest as of September 2025: CA$896.22 Million CAD ≈ $648.31 Million USD

Based on the latest financial reports, Lithium Americas Corp (LAC) has net assets worth CA$896.22 Million CAD (≈ $648.31 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 (CA$1.45 Billion ≈ $1.05 Billion USD) and total liabilities (CA$555.30 Million ≈ $401.70 Million 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 LAC current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$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	85.82

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. For live valuation and market cap data, see Lithium Americas Corp market cap and net worth.

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. Explore Lithium Americas Corp cash conversion from operations to assess how effectively this company generates cash.

Year	Net Assets	Change
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	--

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	CA$655.07 Million	103.16%
Other Components	CA$35.62 Million	5.61%
Total Equity	CA$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
Cimpress plc F:3UF	$1.70 Billion
Jungfraubahn Holding AG SW:JFN	$1.70 Billion
LANXESS Aktiengesellschaft F:LXS	$1.70 Billion
Formula TA:FORTY	$1.70 Billion
Dürr Aktiengesellschaft F:DUE	$1.70 Billion
Thermon Group Holdings Inc NYSE:THR	$1.70 Billion
Wonik Holdings Co. Ltd KQ:030530	$1.70 Billion
Sun Art Retail Group Limited F:SRI	$1.70 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 42,528,000 reduced equity.
New share issuances of 262,146,000 increased equity.
Other factors increased equity by 30,457,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-42.53 Million	-6.7%
Share Issuances	CA$262.15 Million	+41.28%
Other Changes	CA$30.46 Million	+4.8%
Total Change	CA$-	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: 2.45x
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	CA$-0.01	CA$7.74	x
2008-12-31	CA$0.69	CA$7.74	x
2009-12-31	CA$0.95	CA$7.74	x
2010-12-31	CA$1.49	CA$7.74	x
2011-12-31	CA$1.94	CA$7.74	x
2012-12-31	CA$0.64	CA$7.74	x
2013-12-31	CA$0.67	CA$7.74	x
2014-12-31	CA$0.97	CA$7.74	x
2015-12-31	CA$2.29	CA$7.74	x
2016-12-31	CA$0.69	CA$7.74	x
2017-12-31	CA$1.43	CA$7.74	x
2018-12-31	CA$0.93	CA$7.74	x
2019-12-31	CA$1.74	CA$7.74	x
2020-12-31	CA$2.08	CA$7.74	x
2021-12-31	CA$4.51	CA$7.74	x
2022-12-31	CA$-0.26	CA$7.74	x
2023-12-31	CA$2.40	CA$7.74	x
2024-12-31	CA$3.16	CA$7.74	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): -6.70%
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 (-6.70%) is above the historical average (-17.39%), 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

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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lithium Americas Corp (LAC)	CA$896.22 Million	0.00%	0.62x	$1.70 Billion
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Lithium Americas Corp

TO:LAC Canada Other Industrial Metals & Mining

Market Cap

$1.70 Billion

CA$2.35 Billion CAD

Market Cap Rank

#6869 Global

#215 in Canada

Share Price

CA$7.74

Change (1 day)

-0.77%

52-Week Range

CA$3.47 - CA$14.11

All Time High

CA$16.01