Lithium Americas (TSX:LAC) Pretax Margin % : % (As of Dec. 2023)

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What is Lithium Americas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lithium Americas's Pre-Tax Income for the three months ended in Dec. 2023 was C$-17.31 Mil. Lithium Americas's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Lithium Americas's pretax margin for the quarter that ended in Dec. 2023 was %.

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

TSX:LAC's Pretax Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.83
* Ranked among companies with meaningful Pretax Margin % only.

Lithium Americas Pretax Margin % Historical Data

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

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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

Competitive Comparison of Lithium Americas's Pretax Margin %

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

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

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

Lithium Americas Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-5.278	/	0
	=	%

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

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-17.308	/	0
	=	%

Lithium Americas (TSX:LAC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Lithium Americas Pretax Margin % 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 » Pretax Margin %

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.