LAC (Lithium Americas) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


LAC Lithium Americas Corp LAC
13 GF Score
Price $3.90
! 2 Warning Signs
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What is Lithium Americas Scaled Net Operating Assets?

Lithium Americas LAC -1.14% 13 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates LAC with a GF Score™ of 13/100. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lithium Americas's operating assets for the quarter that ended in Mar. 2026 was $2,354.22 Mil. Lithium Americas's operating liabilities for the quarter that ended in Mar. 2026 was $360.95 Mil. Lithium Americas's Total Assets for the quarter that ended in Dec. 2025 was $2,579.05 Mil. Therefore, Lithium Americas's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Lithium Americas Scaled Net Operating Assets Historical Data

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The historical data trend for Lithium Americas's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Lithium Americas Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.00 0.93 6.94 0.86 1.48

Lithium Americas Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.72 0.68 1.07 0.77

Lithium Americas Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lithium Americas's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Lithium Americas's Scaled Net Operating Assets falls into.


LAC
13GF Score
Lithium Americas Corp LAC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lithium Americas Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lithium Americas's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2010.822-460.197)/1044.944
=1.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2579.048 - 568.226
=2010.822

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=992.399 - 526.672 - 5.53
=460.197

Lithium Americas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2354.217-360.952)/2579.048
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3112.729 - 758.512
=2354.217

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1235.849 - 869.11 - 5.787
=360.952

* 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.

What does a Scaled Net Operating Assets of 0.77 mean?
Lithium Americas (LAC) has a Scaled Net Operating Assets of 0.77 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Lithium Americas and its competitors.
Is Lithium Americas' Scaled Net Operating Assets too high?
Lithium Americas' current Scaled Net Operating Assets is 0.77. Overall, Lithium Americas has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Lithium Americas' Scaled Net Operating Assets compare to competitors?
Lithium Americas' Scaled Net Operating Assets of 0.77 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Lithium Americas and its competitors. Lithium Americas's current Scaled Net Operating Assets is 0.77. 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 Scaled Net Operating Assets of 0.77. The current Scaled Net Operating Assets is 0.77. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Lithium Americas (LAC), the current Scaled Net Operating Assets is 0.77 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 Business Description

Other Exchanges WUC:GermanyLAC:Canada
Address 666 Burrard Street, Suite 3260, Vancouver, BC, CAN, V6C 2X8
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

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