As of June 8, 2025, Lithium Americas Corp (LAC.TO) reports a Current Ratio of 10.38.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Lithium Americas Corp's Current Ratio
Over recent years, Lithium Americas Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 10.38 |
| 2023-12-31 | 8.24 |
| 2022-12-31 | 0.04 |
| 2021-12-31 | 0.40 |
This slight upward trend highlights how Lithium Americas Corp manages its short-term assets and liabilities over time.
Comparing Lithium Americas Corp's Current Ratio to Peers
To better understand Lithium Americas Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Lithium Americas Corp (LAC.TO) | 10.38 |
| RecycLiCo Battery Materials Inc (AMY.V) | 217.51 |
| Trilogy Metals Inc (TMQ.TO) | 32.84 |
| Tudor Gold Corp (TUD.V) | 18.62 |
| Neo Lithium Corp (NLC.V) | 11.21 |
| American Battery Technology Co (ABML) | 9.79 |
Compared to its competitors, Lithium Americas Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.