Lithium Argentina AG (LAR) Debt Ratio (2016 - 2024)

Lithium Argentina AG (LAR) reported Debt Ratio of 0.0 for Q1 2024, down 29.46% on a YoY basis from 0.0 in Q2 2023, and down 40.29% quarter-over-quarter from 0.0 in Q4 2023.

Lithium Argentina AG (LAR) Debt Ratio (2016 - 2024) Analysis & Trends

Lithium Argentina AG has reported Debt Ratio for 9 years, with the latest figure at 0.0 in Q1 2024.

  • For the quarter ending Q1 2024, Debt Ratio fell 29.46% year-over-year to 0.0; the trailing twelve-month figure through Mar 2024 stood at 0.0 (down 29.46% YoY), and the FY2023 full-year result was 0.0, down 59.53% from the prior year.
  • Debt Ratio for Q1 2024 stood at 0.0, down from 0.0 in the prior quarter.
  • The five-year high for Debt Ratio was 0.55 in Q3 2020, with the low at 0.0 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.15 across 5 years, with a median of 0.01 in 2022.
  • Annual changes were most pronounced in 2020 — Debt Ratio jumped 89.37% — and 2021, when it tumbled 99.56%.
  • Lithium Argentina AG's Debt Ratio stood at 0.39 in 2020, then tumbled by 90.93% to 0.04 in 2021, then plunged by 82.86% to 0.01 in 2022, then plunged by 59.53% to 0.0 in 2023, then plunged by 40.29% to 0.0 in 2024.
  • The last three Debt Ratio figures came in at 0.0 (Q1 2024), 0.0 (Q4 2023), and 0.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 0.12
2 Bhp 421.29 Bn 411.77 Bn - 0.22
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 0.26
6 Iperionx 8.57 Bn 8.52 Bn - 0.03
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 0.26
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 0.37
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Lithium Argentina AG 14.02 Mn -47.08 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 0.00
Dec 31, 2023 0.00
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.01
Sep 30, 2022 0.00
Jun 30, 2022 0.01
Mar 31, 2022 0.00
Dec 31, 2021 0.04
Sep 30, 2021 0.25
Jun 30, 2021 0.23
Mar 31, 2021 0.00
Dec 31, 2020 0.39
Sep 30, 2020 0.55
Jun 30, 2020 0.51
Mar 31, 2020 0.48
Dec 31, 2019 0.41
Sep 30, 2019 0.29
Jun 30, 2019 0.53