Lithium AmericasLAC -1.27%13 Current Ratio is 7.36 as of Mar. 2026, which is 3% below its 10-year median of 7.56. GuruFocus rates LAC with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 2,638 Metals & Mining companies, Lithium Americas ranks better than 73.77% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Lithium Americas's current ratio for the quarter that ended in Mar. 2026 was 7.36.
Lithium Americas has a current ratio of 7.36. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Lithium Americas's Current Ratio or its related term are showing as below:
LAC'
s Current Ratio Range Over the Past 10 Years
Min: 0.04 Med: 7.56 Max: 20.14
Current: 7.36
During the past 6 years, Lithium Americas's highest Current Ratio was 20.14. The lowest was 0.04. And the median was 7.56.
LAC's Current Ratio is ranked better than 73.77% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs LAC: 7.36
Lithium Americas (NYSE:LAC) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Lithium Americas Current Ratio Related Terms
Lithium Americas Current Ratio Historical Data
* Premium members only.
The historical data trend for Lithium Americas's Current Ratio 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.
Lithium Americas Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lithium Americas's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lithium Americas's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lithium Americas's Current Ratio falls into.
* 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 (LAC) has a Current Ratio of 7.36 as of Mar. 2026. This is near median its historical median of 7.56. Over the past decade, Lithium Americas' Current Ratio has ranged from 0.04 to 20.14. According to the industry distribution chart, Lithium Americas ranks #692 out of 2638 companies in the Metals & Mining industry, placing it in the top 26.2%.
Is Lithium Americas' Current Ratio too high?
Lithium Americas' current Current Ratio of 7.36 is near median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 20.14. The Metals & Mining industry median Current Ratio is 2.64. Lithium Americas' value of 7.36 is 178.8% above this industry median. Based on the distribution chart, Lithium Americas ranks #692 out of 2638 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lithium Americas has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Lithium Americas' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lithium Americas ranks #692 out of 2638 companies for Current Ratio. This puts Lithium Americas in the upper half of its industry. The industry median Current Ratio is 2.64. Lithium Americas' value of 7.36 is 178.8% above this benchmark. Historically, Lithium Americas' own Current Ratio has ranged from 0.04 to 20.14 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 2.64, Lithium Americas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lithium Americas's current Current Ratio of 7.36 is 178.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lithium Americas's current Current Ratio is 7.36, which is near median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Americas stock overvalued right now?
Lithium Americas (LAC) has a current Current Ratio of 7.36. The current Current Ratio is 7.36, which is near median its 10-year median of 7.56 and 178.8% above the Metals & Mining industry median of 2.64. Lithium Americas' overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Lithium Americas (LAC), the current Current Ratio is 7.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Lithium Americas Corp is a Canadian-based resource and materials company focused on developing, building and operating lithium deposits and chemical processing facilities. The company also holds investments in Green Technology Metals Limited (GT1) and Ascend Elements, Inc. (Ascend Elements), and exploration properties in the U.S. and Canada. The company's flagship asset is Thacker Pass, a sedimentary-based lithium deposit located in the McDermitt Caldera in Humboldt County, in northern Nevada (Thacker Pass or the Project). The company operates in only one operating segment and one geographical segment.
13GF Score
Get the complete analysis for LAC
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LAC has been successfully added to your 
