Lithium Americas (TSX:LAC) Accumulated Depreciation : C$-6.05 Mil (As of Mar. 2024)

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What is Lithium Americas Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Lithium Americas's quarterly accumulated depreciation increased from Sep. 2023 (C$-5.25 Mil) to Dec. 2023 (C$-5.48 Mil) and increased from Dec. 2023 (C$-5.48 Mil) to Mar. 2024 (C$-6.05 Mil).

Lithium Americas's annual accumulated depreciation increased from Dec. 2021 (C$-1.75 Mil) to Dec. 2022 (C$-3.92 Mil) and increased from Dec. 2022 (C$-3.92 Mil) to Dec. 2023 (C$-5.48 Mil).

Lithium Americas Accumulated Depreciation Historical Data

The historical data trend for Lithium Americas's Accumulated Depreciation 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.

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Lithium Americas Accumulated Depreciation Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-1.75

-3.92

-5.48

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial					-	-	-5.25	-5.48	-6.05

Lithium Americas Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Lithium Americas Accumulated Depreciation Related Terms

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Lithium Americas (TSX:LAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

LAC:USA WUC:Germany WUC:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithiumamericas.com

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.