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Lithium Americas (LAC) Financials

Lithium Americas logo
$2.81 -0.03 (-1.06%)
As of 05/20/2025 03:58 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 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Income / (Loss) Attributable to Common Shareholders		 -43 -5.09 -68 -47
Consolidated Net Income / (Loss)		 -43 -5.09 -68 -47
Net Income / (Loss) Continuing Operations		 -43 -5.09 -68 -47
Total Pre-Tax Income 		-43 -5.09 -68 -47
Total Operating Income		 -28 -29 -65 -47
Total Gross Profit		 0.00 0.00 -4.04 -2.65
Total Revenue		 0.00 0.00 0.00 0.00
Total Cost of Revenue		 0.00 0.00 4.04 2.65
Total Operating Expenses		 28 29 61 44
Selling, General & Admin Expense		 28 25 9.55 5.12
Exploration Expense		 0.20 4.15 47 36
Total Other Income / (Expense), net		 -14 24 -2.90 -0.00
Interest Expense		 0.00 0.38 - -
Other Income / (Expense), net		 -14 24 -2.90 -0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.11 0.00 - -
Basic Earnings per Share		 ($0.21) ($0.03) - -
Weighted Average Basic Shares Outstanding		 200.82M 160.36M 160.05K 160.05K
Diluted Earnings per Share		 ($0.21) ($0.03) ($0.42) ($0.29)
Weighted Average Diluted Shares Outstanding		 200.82M 160.36M 160.05K 160.05K
Weighted Average Basic & Diluted Shares Outstanding		 218.69M 160.36K 160.05K 160.05K

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 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Change in Cash & Equivalents		 398 195 11 8.37
Net Cash From Operating Activities		 -13 -40 11 4.33
Net Cash From Continuing Operating Activities		 -13 -40 11 4.33
Net Income / (Loss) Continuing Operations		 -43 -5.09 -68 -47
Consolidated Net Income / (Loss)		 -43 -5.09 -68 -47
Depreciation Expense		 0.05 0.14 1.52 0.66
Amortization Expense		 0.95 0.69 - -
Non-Cash Adjustments To Reconcile Net Income		 11 -27 68 48
Changes in Operating Assets and Liabilities, net		 17 -7.96 9.27 2.55
Net Cash From Investing Activities		 -178 -189 0.00 4.03
Net Cash From Continuing Investing Activities		 -178 -189 0.00 4.03
Purchase of Property, Plant & Equipment		 -178 -189 - -
Net Cash From Financing Activities		 589 424 0.00 0.00
Net Cash From Continuing Financing Activities		 589 424 0.00 0.00
Repayment of Debt		 -2.24 0.00 - -
Payment of Dividends		 0.00 -17 - -
Issuance of Common Equity		 592 320 - -
Other Financing Activities, net		 -0.84 120 - -

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 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Total Assets		 1,045 437 28 11
Total Current Assets		 602 206 1.94 1.81
Cash & Equivalents		 594 196 0.64 0.93
Accounts Receivable		 0.56 4.49 1.30 0.88
Prepaid Expenses		 7.73 5.87 - -
Plant, Property, & Equipment, net		 399 201 3.94 3.29
Total Noncurrent Assets		 44 30 9.51 5.75
Long-Term Investments		 4.15 11 - -
Other Noncurrent Operating Assets		 28 19 0.00 0.00
Other Noncurrent Nonoperating Assets		 12 0.00 - -
Total Liabilities & Shareholders' Equity		 1,045 437 28 11
Total Liabilities		 100 52 62 53
Total Current Liabilities		 58 25 54 4.52
Accounts Payable		 0.70 4.60 9.91 4.21
Accrued Expenses		 52 19 - -
Other Current Liabilities		 5.82 1.23 - -
Total Noncurrent Liabilities		 41 27 8.05 48
Capital Lease Obligations		 17 3.02 - -
Asset Retirement Reserve & Litigation Obligation		 0.29 0.11 - -
Other Noncurrent Operating Liabilities		 24 24 8.05 8.02
Commitments & Contingencies		 0.00 0.00 - -
Total Equity & Noncontrolling Interests		 945 385 -34 -42
Total Preferred & Common Equity		 635 385 -34 -42
Total Common Equity		 635 385 -34 -42
Common Stock		 691 398 226 151
Retained Earnings		 -56 -13 -260 -193
Noncontrolling Interest		 310 0.00 - -

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 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Growth Metrics		 - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 -972.12% 94.14% -42.56% 0.00%
EBIT Growth		 -804.97% 93.05% -43.80% 0.00%
NOPAT Growth		 1.57% 55.70% -37.65% 0.00%
Net Income Growth		 -737.91% 92.50% -44.17% 0.00%
EPS Growth		 -600.00% 92.86% -44.83% 0.00%
Operating Cash Flow Growth		 67.08% -449.57% 160.95% 0.00%
Free Cash Flow Firm Growth		 6.58% -359.41% 0.00% 0.00%
Invested Capital Growth		 94.52% 5,750.47% -38.51% 0.00%
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		 100.00% 100.00% 100.00% 99.74%
Interest Burden Percent		 100.00% 108.00% 100.00% 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)		 -6.41% -2.90% 178.17% 112.81%
Cash Return on Invested Capital (CROIC)		 -71.61% -112.87% 0.00% 0.00%
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)		 -4.91% -2.90% 178.17% 112.81%
Return on Equity Simple (ROE_SIMPLE)		 -6.71% -1.32% 196.99% 112.81%
Net Operating Profit after Tax (NOPAT)		 -20 -20 -45 -33
NOPAT Margin		 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 -5.73% 17.44% 63.39% 35.62%
Return On Investment Capital (ROIC_SIMPLE)		 -2.06% -5.19% - -
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)		 -43 -4.71 -68 -47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -42 -3.88 -66 -46
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.75 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.75 0.00 0.00 0.00
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)		 0.58 0.00 0.00 0.00
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		 0.02 0.01 -0.02 -0.97
Long-Term Debt to Equity		 0.02 0.01 0.00 -0.96
Financial Leverage		 -0.60 -0.49 -0.93 -0.94
Leverage Ratio		 1.11 1.33 -0.51 -0.26
Compound Leverage Factor		 1.11 1.43 -0.51 -0.26
Debt to Total Capital		 1.75% 0.78% -2.15% -2,914.17%
Short-Term Debt to Total Capital		 0.00% 0.00% -2.15% -21.91%
Long-Term Debt to Total Capital		 1.75% 0.78% 0.00% -2,892.26%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 32.25% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 66.00% 99.22% 102.15% 3,014.17%
Debt to EBITDA		 -0.40 -0.78 -0.01 -0.87
Net Debt to EBITDA		 13.96 52.44 0.00 -0.85
Long-Term Debt to EBITDA		 -0.40 -0.78 0.00 -0.86
Debt to NOPAT		 -0.85 -0.15 -0.02 -1.22
Net Debt to NOPAT		 29.34 10.12 0.00 -1.19
Long-Term Debt to NOPAT		 -0.85 -0.15 0.00 -1.21
Altman Z-Score		 3.28 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 23.33% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - -
Current Ratio		 10.33 8.37 0.04 0.40
Quick Ratio		 10.20 8.13 0.04 0.40
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 -191 -205 -45 0.00
Operating Cash Flow to CapEx		 -7.32% -20.92% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -542.71 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 -104.84 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -606.02 0.00 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		 0.00 0.00 0.57 0.63
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)		 0.00 0.00 638.32 580.20
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - -
Invested Capital		 353 181 -3.21 -2.32
Invested Capital Turnover		 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 171 184 -0.89 0.00
Enterprise Value (EV)		 204 0.00 0.00 0.00
Market Capitalization		 475 0.00 0.00 0.00
Book Value per Share		 $3.16 $2.40 ($215.04) ($260.46)
Tangible Book Value per Share		 $3.16 $2.40 ($274.49) ($296.37)
Total Capital		 962 388 -34 -1.38
Total Debt		 17 3.02 0.72 40
Total Long-Term Debt		 17 3.02 0.00 40
Net Debt		 -581 -204 0.09 39
Capital Expenditures (CapEx)		 178 189 0.00 -4.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -50 -14 -52 -3.34
Debt-free Net Working Capital (DFNWC)		 544 181 -52 -2.40
Net Working Capital (NWC)		 544 181 -52 -2.71
Net Nonoperating Expense (NNE)		 23 -15 22 14
Net Nonoperating Obligations (NNO)		 -593 -204 31 39
Total Depreciation and Amortization (D&A)		 0.99 0.83 1.52 0.66
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		 ($0.21) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 200.82M 161.78M 0.00 0.00
Adjusted Diluted Earnings per Share		 ($0.21) ($0.02) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 200.82M 161.78M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 218.69M 160.36K 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -20 -20 -45 -33
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 -12.50 0.00 0.00
NOPAT to Interest Expense		 0.00 -53.38 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 -513.67 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 -554.56 0.00 0.00
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% -333.67% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -333.67% 0.00% 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 fiscal year end?

According to the most recent income statement we have on file, Lithium Americas' financial year ends in December. Their financial 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. Check out Lithium Americas' forecast to explore projected trends and price targets.

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 5/21/2025 by MarketBeat.com Staff
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