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Lithium Americas (Argentina) (TSX:LAAC) Debt-to-Asset : 0.19 (As of Mar. 2024)


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What is Lithium Americas (Argentina) Debt-to-Asset?

Lithium Americas (Argentina)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$273.46 Mil. Lithium Americas (Argentina)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Lithium Americas (Argentina)'s Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$1,416.01 Mil. Lithium Americas (Argentina)'s debt to asset for the quarter that ended in Mar. 2024 was 0.19.


Lithium Americas (Argentina) Debt-to-Asset Historical Data

The historical data trend for Lithium Americas (Argentina)'s Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lithium Americas (Argentina) Debt-to-Asset Chart

Lithium Americas (Argentina) Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.38 0.32 0.20 0.19

Lithium Americas (Argentina) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 0.13 0.19 0.19

Competitive Comparison of Lithium Americas (Argentina)'s Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'s Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lithium Americas (Argentina)'s Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas (Argentina)'s Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Lithium Americas (Argentina)'s Debt-to-Asset falls into.



Lithium Americas (Argentina) Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lithium Americas (Argentina)'s Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.499 + 268.804) / 1415.423
=0.19

Lithium Americas (Argentina)'s Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lithium Americas (Argentina)  (TSX:LAAC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Lithium Americas (Argentina) Debt-to-Asset Related Terms

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Lithium Americas (Argentina) (TSX:LAAC) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.
Executives
Juan Diego Lopez Casanello Director

Lithium Americas (Argentina) (TSX:LAAC) Headlines