Lithium Americas (TSX:LAC) Pre-Tax Income : C$-25.71 Mil (TTM As of Mar. 2024)

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What is Lithium Americas Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lithium Americas's pretax income for the three months ended in Mar. 2024 was C$-8.13 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-25.71 Mil. Lithium Americas's pretax margin was %.

Lithium Americas Pre-Tax Income Historical Data

The historical data trend for Lithium Americas's Pre-Tax Income 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 Pre-Tax Income Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-31.00

-60.35

-92.10

-5.28

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial					-2.35	-	-0.27	-17.31	-8.13

Competitive Comparison of Lithium Americas's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Lithium Americas's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Lithium Americas's Pre-Tax Income falls into.

Lithium Americas Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Lithium Americas's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-37.062	+	28.195	+	-0.404	+	3.951	+	0.042000000000001
	=	-5.28

Lithium Americas's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-7.51	+	-3.207	+	0	+	2.584	+	0.00099999999999945
	=	-8.13

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-25.71 Mil.

Lithium Americas (TSX:LAC) Pre-Tax Income Explanation

Lithium Americas's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-8.132	/	0
	=	%

Lithium Americas Pre-Tax Income 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 » Pre-Tax Income

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.