Lithium Americas (Lithium Americas) Net Margin % : 0.00% (As of Dec. 2023)

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What is Lithium Americas Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lithium Americas's Net Income for the three months ended in Dec. 2023 was $-12.90 Mil. Lithium Americas's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Lithium Americas's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

LAC's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.28
* Ranked among companies with meaningful Net Margin % only.

Lithium Americas Net Margin % Historical Data

The historical data trend for Lithium Americas's Net Margin % 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 Margin % Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Lithium Americas's Net Margin %

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

For the Metals & Mining industry and Basic Materials sector, Lithium Americas's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lithium Americas's Net Margin % falls into.

Lithium Americas Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-3.934	/	0
	=	%

Lithium Americas's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-12.901	/	0
	=	%

Lithium Americas (NYSE:LAC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Lithium Americas Net Margin % Related Terms

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Lithium Americas (Lithium Americas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (NYSE:LAC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

WUC:Germany WUC:Germany LAC:Canada

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.