GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Total Equity

Lithium Americas (TSX:LAC) Total Equity : C$892.25 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Lithium Americas Total Equity?

Lithium Americas's total equity for the quarter that ended in Sep. 2024 was C$892.25 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Lithium Americas Total Equity Historical Data

The historical data trend for Lithium Americas's Total 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 Total Equity Chart

Lithium Americas Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Equity
- -53.36 -46.76 546.65

Lithium Americas Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 397.38 546.65 550.23 910.81 892.25

Lithium Americas Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=589.633-42.982
=546.65

Lithium Americas's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity=Total Assets(Q: Sep. 2024 )-Total Liabilities(Q: Sep. 2024 )
=938.693-46.445
=892.25

* 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 Total Equity Related Terms

Thank you for viewing the detailed overview of Lithium Americas's Total Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Lithium Americas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Total Equity
Comparable Companies
TSX:FOM TSX:LAAC TSXV:AFM TSXV:NGEX TSXV:PMET TSX:ALS TSXV:SLI TSX:FIL TSX:MDI TSX:LIRC ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
LAC:USA 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 62% of one resource, Thacker Pass, that is located in northwest Nevada, with automaker General Motors owning the remaining 38%. Thacker Pass recently began construction and is expected to begin production in the mid- to late 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.