Lithium Americas Corp Stock Z Score

LAC Stock

USD 4.75 0.02 0.42%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Lithium Americas Piotroski F Score and Lithium Americas Valuation analysis.

At present, Lithium Americas' Net Invested Capital is projected to increase significantly based on the last few years of reporting. The current year's Net Working Capital is expected to grow to about 214.8 M, whereas Capital Surpluse is forecasted to decline to about 21.3 M. At present, Lithium Americas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to 3.15, whereas Selling General Administrative is forecasted to decline to about 15.5 K.

Lithium Americas Corp Company Z Score Analysis

Lithium Americas' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Lithium Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Lithium Americas is extremely important. It helps to project a fair market value of Lithium Stock properly, considering its historical fundamentals such as Z Score. Since Lithium Americas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lithium Americas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lithium Americas' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Total Liab	Net Debt	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Long Term Investments	Short Long Term Debt	Short Term Debt	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.98	-0.82	0.9	-0.48	0.48	0.72	0.94	0.95	0.35	0.88	0.82	0.6	0.64	0.56	0.59	0.88	0.71	0.61	0.99	0.91	0.95	-0.8
Total Stockholder Equity	0.98		-0.89	0.8	-0.52	0.58	0.8	0.9	0.99	0.21	0.89	0.82	0.5	0.67	0.59	0.71	0.89	0.7	0.61	0.98	0.86	0.98	-0.89
Retained Earnings	-0.82	-0.89		-0.54	0.62	-0.74	-0.91	-0.75	-0.94	-0.03	-0.86	-0.71	-0.4	-0.75	-0.65	-0.8	-0.86	-0.78	-0.72	-0.78	-0.67	-0.87	0.91
Total Liab	0.9	0.8	-0.54		-0.34	0.17	0.45	0.9	0.73	0.65	0.75	0.72	0.78	0.51	0.43	0.25	0.74	0.64	0.53	0.89	0.88	0.73	-0.47
Net Debt	-0.48	-0.52	0.62	-0.34		-0.56	-0.52	-0.69	-0.57	-0.41	-0.74	-0.85	-0.38	-0.33	-0.26	-0.41	-0.74	-0.45	-0.46	-0.47	-0.68	-0.51	0.59
Accounts Payable	0.48	0.58	-0.74	0.17	-0.56		0.91	0.4	0.65	-0.23	0.73	0.54	-0.14	0.75	0.71	0.94	0.73	0.57	0.52	0.44	0.32	0.56	-0.8
Net Receivables	0.72	0.8	-0.91	0.45	-0.52	0.91		0.61	0.85	-0.08	0.84	0.63	0.14	0.84	0.76	0.92	0.84	0.77	0.68	0.68	0.52	0.76	-0.88
Total Current Assets	0.94	0.9	-0.75	0.9	-0.69	0.4	0.61		0.87	0.58	0.89	0.93	0.72	0.52	0.42	0.43	0.89	0.67	0.6	0.93	0.99	0.86	-0.7
Common Stock	0.95	0.99	-0.94	0.73	-0.57	0.65	0.85	0.87		0.15	0.9	0.81	0.47	0.71	0.62	0.76	0.9	0.72	0.64	0.94	0.83	0.98	-0.93
Net Tangible Assets	0.35	0.21	-0.03	0.65	-0.41	-0.23	-0.08	0.58	0.15		0.34	0.5	0.74	-0.03	-0.05	-0.38	0.33	0.34	0.33	0.33	0.6	0.1	0.14
Long Term Debt	0.88	0.89	-0.86	0.75	-0.74	0.73	0.84	0.89	0.9	0.34		0.89	0.53	0.8	0.69	0.72	1.0	0.75	0.65	0.86	0.85	0.85	-0.84
Short Term Investments	0.82	0.82	-0.71	0.72	-0.85	0.54	0.63	0.93	0.81	0.5	0.89		0.51	0.43	0.36	0.5	0.89	0.55	0.47	0.83	0.94	0.8	-0.74
Long Term Investments	0.6	0.5	-0.4	0.78	-0.38	-0.14	0.14	0.72	0.47	0.74	0.53	0.51		0.33	0.25	-0.11	0.52	0.5	0.45	0.59	0.71	0.44	-0.17
Short Long Term Debt	0.64	0.67	-0.75	0.51	-0.33	0.75	0.84	0.52	0.71	-0.03	0.8	0.43	0.33		0.9	0.78	0.8	0.74	0.65	0.6	0.42	0.61	-0.69
Short Term Debt	0.56	0.59	-0.65	0.43	-0.26	0.71	0.76	0.42	0.62	-0.05	0.69	0.36	0.25	0.9		0.74	0.69	0.68	0.52	0.51	0.34	0.53	-0.61
Property Plant Equipment	0.59	0.71	-0.8	0.25	-0.41	0.94	0.92	0.43	0.76	-0.38	0.72	0.5	-0.11	0.78	0.74		0.72	0.53	0.45	0.58	0.36	0.72	-0.91
Long Term Debt Total	0.88	0.89	-0.86	0.74	-0.74	0.73	0.84	0.89	0.9	0.33	1.0	0.89	0.52	0.8	0.69	0.72		0.75	0.65	0.86	0.84	0.85	-0.84
Capital Surpluse	0.71	0.7	-0.78	0.64	-0.45	0.57	0.77	0.67	0.72	0.34	0.75	0.55	0.5	0.74	0.68	0.53	0.75		0.89	0.63	0.55	0.61	-0.57
Cash And Equivalents	0.61	0.61	-0.72	0.53	-0.46	0.52	0.68	0.6	0.64	0.33	0.65	0.47	0.45	0.65	0.52	0.45	0.65	0.89		0.52	0.46	0.5	-0.49
Net Invested Capital	0.99	0.98	-0.78	0.89	-0.47	0.44	0.68	0.93	0.94	0.33	0.86	0.83	0.59	0.6	0.51	0.58	0.86	0.63	0.52		0.92	0.95	-0.8
Net Working Capital	0.91	0.86	-0.67	0.88	-0.68	0.32	0.52	0.99	0.83	0.6	0.85	0.94	0.71	0.42	0.34	0.36	0.84	0.55	0.46	0.92		0.84	-0.67
Capital Stock	0.95	0.98	-0.87	0.73	-0.51	0.56	0.76	0.86	0.98	0.1	0.85	0.8	0.44	0.61	0.53	0.72	0.85	0.61	0.5	0.95	0.84		-0.92
Current Deferred Revenue	-0.8	-0.89	0.91	-0.47	0.59	-0.8	-0.88	-0.7	-0.93	0.14	-0.84	-0.74	-0.17	-0.69	-0.61	-0.91	-0.84	-0.57	-0.49	-0.8	-0.67	-0.92

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Lithium Americas

Based on the company's disclosures, Lithium Americas Corp has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Lithium Americas Institutional Holders

Institutional Holdings refers to the ownership stake in Lithium Americas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lithium Americas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lithium Americas' value.

		Shares
Formidable Asset Management Llc	2023-12-31	555.6 K
Oz Management Llc	2023-12-31	485.7 K
Scotia Capital Inc	2023-12-31	356.7 K
Royal Bank Of Canada	2023-12-31	354.3 K
Ameraudi Asset Management, Inc.	2023-12-31	330 K
Wells Fargo & Co	2023-12-31	326.8 K
Capital Fund Management Sa	2023-12-31	324.2 K
Bank Of Montreal	2023-12-31	323.3 K
Bmo Capital Markets Corp.	2023-12-31	323.3 K
Fifthdelta Ltd	2023-12-31	5.2 M
Vanguard Group Inc	2023-12-31	3.5 M

Lithium Fundamentals

	Return On Equity	-0.0211
	Return On Asset	-0.0739
	Current Valuation	573.66 M
	Shares Outstanding	162.16 M
	Shares Owned By Insiders	10.26 %
	Shares Owned By Institutions	26.03 %
	Number Of Shares Shorted	14.82 M
	Price To Earning	20.88 X
	Price To Book	2.81 X
	Price To Sales	89.06 X
	EBITDA	(27.66 M)
	Net Income	(4.01 M)
	Cash And Equivalents	440.82 M
	Cash Per Share	3.28 X
	Total Debt	3.1 M
	Debt To Equity	0.27 %
	Current Ratio	44.14 X
	Book Value Per Share	2.52 X
	Cash Flow From Operations	(38.66 M)
	Short Ratio	2.79 X
	Earnings Per Share	(0.02) X
	Target Price	10.21
	Beta	1.54
	Market Capitalization	767.04 M
	Total Asset	437.25 M
	Retained Earnings	(263.01 M)
	Working Capital	181.32 M
	Current Asset	54.99 M
	Current Liabilities	3.45 M
	Net Asset	437.25 M

About Lithium Americas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Lithium Americas Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lithium Americas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lithium Americas Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Lithium Americas Investors Sentiment

The influence of Lithium Americas' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lithium. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Lithium Americas' public news can be used to forecast risks associated with an investment in Lithium. The trend in average sentiment can be used to explain how an investor holding Lithium can time the market purely based on public headlines and social activities around Lithium Americas Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Lithium Americas' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lithium Americas' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lithium Americas' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lithium Americas.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lithium Americas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lithium Americas' short interest history, or implied volatility extrapolated from Lithium Americas options trading.

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When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:

How To Invest In Lithium

Details

Is Lithium Stock a good investment?

Details

What is Lithium Americas' Net Worth?

Details

Largest Diversified Metals & Mining Companies

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Largest Other Industrial Metals & Mining Companies

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Check out Lithium Americas Piotroski F Score and Lithium Americas Valuation analysis.

Note that the Lithium Americas Corp information on this page should be used as a complementary analysis to other Lithium Americas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Lithium Stock analysis

When running Lithium Americas' price analysis, check to measure Lithium Americas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lithium Americas is operating at the current time. Most of Lithium Americas' value examination focuses on studying past and present price action to predict the probability of Lithium Americas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Americas' price. Additionally, you may evaluate how the addition of Lithium Americas to your portfolios can decrease your overall portfolio volatility.

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Is Lithium Americas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.126

Earnings Share

(0.02)

Revenue Per Share

(0.02)

Quarterly Revenue Growth

0.081

Return On Assets

(0.07)

The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Lithium Americas Corp Stock Z Score

Lithium Americas Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Lithium Z Score Driver Correlations

Lithium Americas Institutional Holders

Lithium Fundamentals

About Lithium Americas Fundamental Analysis

Lithium Americas Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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