Lithium Americas (Argentina) (HAM:WUC0) Debt-to-Equity : 0.25 (As of Mar. 2024)

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

Lithium Americas (Argentina)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €185.87 Mil. Lithium Americas (Argentina)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Lithium Americas (Argentina)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was €754.52 Mil. Lithium Americas (Argentina)'s debt to equity for the quarter that ended in Mar. 2024 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lithium Americas (Argentina)'s Debt-to-Equity or its related term are showing as below:

HAM:WUC0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 1.21
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Lithium Americas (Argentina) was 1.21. The lowest was 0.01. And the median was 0.20.

HAM:WUC0's Debt-to-Equity is ranked worse than
61.6% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs HAM:WUC0: 0.25

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

The historical data trend for Lithium Americas (Argentina)'s Debt-to-Equity 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-Equity Chart

Lithium Americas (Argentina) Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.65

0.49

0.27

0.25

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-Equity	Get a 7-Day Free Trial															0.20	0.16	0.16	0.25	0.25

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

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Metals & Mining Industry

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

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

Lithium Americas (Argentina) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.392	+	183.731)	/	760.13
	=	0.24

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(185.865	+	0)	/	754.516
	=	0.25

Lithium Americas (Argentina) (HAM:WUC0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

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

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Lithium Americas (Argentina) (HAM:WUC0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas (Argentina) Corp (HAM:WUC0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LAAC:USA LAAC:Canada

Address

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

Website

https://www.lithium-argentina.com

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.

Lithium Americas (Argentina) (HAM:WUC0) Headlines

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