Lithium Argentina AG (LAR) Gross Margin (2017 - 2019)
Lithium Argentina AG's (LAR) quarterly Gross Margin came in at 0.0% in Q3 2019, up 4148.0% YoY from 0.0% in Q3 2018, and up 100.0% on a QoQ basis from 16.95% in Q2 2019.
Lithium Argentina AG (LAR) Gross Margin (2017 - 2019) Analysis & Trends
Lithium Argentina AG (LAR) has 3 years of Gross Margin data on file, last reported at 0.0% in Q3 2019.
- Quarterly Gross Margin rose 4148.0% year-over-year to 0.0% in Q3 2019, while the trailing twelve-month figure through Sep 2019 was 0.0% (up 5959.0% YoY) and the FY2023 annual result came in at 0.64%, changed N/A from the prior year.
- Gross Margin rose to 0.0% in Q3 2019, from 16.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 0.0% in Q3 2019 to a low of 144.03% in Q4 2017.
- A 3-year average of 40.49% and a median of 37.96% in 2017 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 12161 bps in 2018, down 4086 bps in 2018.
- Tracing LAR's Gross Margin over 3 years: stood at 144.03% in 2017, then soared by 84 bps to 22.42% in 2018, then surged by 100 bps to 0.0% in 2019.
- The last three Gross Margin figures came in at 0.0% (Q3 2019), 16.95% (Q2 2019), and 14.77% (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 46.32% |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 33.37% |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 60.72% |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 17.00% |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -27.19% |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -7.03% |
| 10 | Lithium Argentina AG | 970.60 Mn | 909.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 0.00% |
| Jun 30, 2019 | -16.95% |
| Mar 31, 2019 | -14.77% |
| Dec 31, 2018 | -22.42% |
| Sep 30, 2018 | -41.48% |
| Jun 30, 2018 | -53.45% |
| Mar 31, 2018 | -53.01% |
| Dec 31, 2017 | -144.03% |
| Sep 30, 2017 | -48.73% |
| Jun 30, 2017 | -12.59% |
| Mar 31, 2017 | -37.96% |