Lithium Americas (Argentina) EBIT

Lithium Americas (Argentina) posts a EBIT of $-37M as of September 2024. That compares with $-23M in the prior-year period — down 60.3% year over year. That is below the sector sector average of $-6.4M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Lithium Americas (Argentina)'s EBIT was $-23M. The latest reading is $-37M — a 60.3% year-over-year decrease (period ending September 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $-6.4M is typical. Lithium Americas (Argentina)'s $-37M is lower that level. That is roughly 484.5% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Lithium Americas (Argentina)'s financial statement story. At $-37M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for LAAC's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-6.4M), and (3) consistency with growth and profitability. This page covers the first two; Lithium Americas (Argentina)'s other metric pages and overview cover the third.