Lithium Americas (TSX:LAC) Net Cash per Share : C$0.98 (As of Mar. 2024)

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What is Lithium Americas Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Lithium Americas's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.98.

The historical rank and industry rank for Lithium Americas's Net Cash per Share or its related term are showing as below:

TSX:LAC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.11 Med: 6.25 Max: 6.38
Current: 6.11

During the past 4 years, the highest Price-to-Net-Cash Ratio of Lithium Americas was 6.38. The lowest was 6.11. And the median was 6.25.

TSX:LAC's Price-to-Net-Cash is ranked worse than
52.91% of 826 companies
in the Metals & Mining industry
Industry Median: 5.5 vs TSX:LAC: 6.11

Lithium Americas Net Cash per Share Historical Data

The historical data trend for Lithium Americas's Net Cash per Share 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 Net Cash per Share Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

-0.46

-0.59

1.36

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Cash per Share	Get a 7-Day Free Trial					3.14	-	1.10	1.36	0.98

Competitive Comparison of Lithium Americas's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Lithium Americas's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lithium Americas's Price-to-Net-Cash falls into.

Lithium Americas Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Lithium Americas's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(262.304	-	42.982	-	0)	/	161.778
=	1.36

Lithium Americas's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

	Net Cash per Share (Q: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(199.307	-	40.651	-	0)	/	162.165
=	0.98

Lithium Americas (TSX:LAC) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Lithium Americas Net Cash per Share 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 » Net Cash per Share

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.