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| Date | Value |
|---|---|
| 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 |