LACLithium Americas Corp.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -82% · now 77% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can LAC take a bad year?
The deepest fall in LAC's price history on file is −82%; it is 77% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand
- Cash runway
- 0.8 years
Cash runway · burning $270M a quarter at the current rate
- Annualised volatility
- 106%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −82%
Worst drawdown on file · −77% today
Details›
- Total debtQ2 2026
- $1.11B
- Cash and short-term investments
- $823M
- Net debt
- $286M
- Debt / equity
- 0.78×
- Annualised volatilitytwo years of daily moves
- 106%
- Worst drawdown on file
- −82%
- Below its 52-week high
- 77%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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