Lithium Americas Corp
TSX:LAC
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| CA |
|
Lithium Americas Corp
TSX:LAC
|
862.9m CAD |
-6%
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
196B AUD |
11%
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
192.9B AUD |
11%
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
74.5B GBP |
11%
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
32.4B GBP |
-1%
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
820.1B MXN |
10%
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
3%
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
28.4B GBP |
-5%
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.9B Zac |
5%
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
158.8B CNY |
9%
|
|
| IN |
|
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
31%
|
Lithium Americas Corp
Glance View
Lithium Americas Corp. is a resource company, which engages in lithium development projects. The company is headquartered in Vancouver, British Columbia and currently employs 57 full-time employees. The company went IPO on 2008-07-16. Its segments include Cauchari-Olaroz and Thacker Pass. The Cauchari-Olaroz project is a lithium brine project and is owned by Minera Exar S.A. The Thacker Pass project is a sedimentary-based lithium property located in the McDermitt Caldera in Humboldt County, Nevada, and is owned by the Company’s subsidiary, Lithium Nevada Corp. The firm's Pastos Grandes lithium brine project is located in Salta, Argentina.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Lithium Americas Corp's most recent financial statements, the company has ROA of -6.5%.
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