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Lithium Americas LAC Gain Loss On Convertible Debt And Conversion Feature

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Other financials

Income statement

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Net income$4.6M+140%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$758.5M+69.8%
Total debt$702.9M
Total equity$1.3B+115%
Total assets$3.1B+206%

Cash flow

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Operating cash flow-$18.3M+3.1%
CapEx$299.3M+154%
Free cash flow-$317.6M-132%

Valuation

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Market cap$1.38B+150%
Enterprise value$1.33B

Returns & leverage

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Return on equity-8.4%
Debt / equity0.5×
Current ratio7.4×-3.0×

Where this comes from

Reported directly by Lithium Americas in its filing.

Tagged under the XBRL concept lac:GainLossOnConvertibleDebtAndConversionFeature.

The official record: Lithium Americas’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lithium Americas's gain loss on convertible debt and conversion feature?
Lithium Americas (LAC) reported gain loss on convertible debt and conversion feature of $14.3M in Q1 2026.
What does gain loss on convertible debt and conversion feature mean?
This represents the non-cash gain or loss recognized due to changes in the fair value of convertible debt instruments or their embedded conversion features. These adjustments are driven by shifts in market interest rates, credit spreads, and the underlying equity price of the company. Investors analyze this to distinguish between core business profitability and the accounting impact of complex capital structure financing.