Lithium Americas (Argentina) Balance Sheet Health
Financial Health criteria checks 2/6
Lithium Americas (Argentina) has a total shareholder equity of $828.9M and total debt of $202.4M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are $1.1B and $226.1M respectively.
Key information
24.4%
Debt to equity ratio
US$202.35m
Debt
Interest coverage ratio | n/a |
Cash | US$122.29m |
Equity | US$828.93m |
Total liabilities | US$226.10m |
Total assets | US$1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAAC's short term assets ($133.6M) exceed its short term liabilities ($14.6M).
Long Term Liabilities: LAAC's short term assets ($133.6M) do not cover its long term liabilities ($211.5M).
Debt to Equity History and Analysis
Debt Level: LAAC's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: LAAC's debt to equity ratio has increased from 22.6% to 24.4% over the past 5 years.
Debt Coverage: LAAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LAAC's interest payments on its debt are well covered by EBIT.