Lithium Argentina AG (LAR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LAR SEC filings page.
This page shows Lithium Argentina AG (LAR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported profits are volatile and do not translate into cash, while short-term obligations increasingly dominate the balance sheet.
The FY2023 earnings spike to$1.29B coincided with operating cash flow of-$59.0M , showing that reported profit was driven largely by items that did not arrive as operating cash. The return to a net loss of$76.9M in FY2025, alongside operating cash flow of-$30.0M , reinforces that recurring cash generation—not the one-year accounting result—is the central operating issue.
Liquidity has tightened sharply: the current ratio fell from 0.5x in FY2024 to 0.3x in FY2025, while
Cash consumption is not primarily a reinvestment story: FY2025 capital expenditures were
Financial Health Signals
Lithium Argentina AG does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Lithium Argentina AG passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Lithium Argentina AG reported a net loss of $76.9M while operations used $30.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Lithium Argentina AG held $61.1M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
LAR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
LAR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1B-2.8% | $1.1B+7.2% | $1.1B+3.8% | $1.0B+24.4% | $817.3M+150.2% | $326.7M+11.2% | $293.8M+182.7% | $103.9M-8.4% |
| Current Assets | $84.7M-27.8% | $117.4M-12.1% | $133.6M-62.5% | $356.1M-33.1% | $532.6M+245.1% | $154.3M+66.1% | $92.9M+98.0% | $46.9M-23.3% |
| Cash & Equivalents | $61.1M-28.5% | $85.5M-30.1% | $122.3M-37.1% | $194.5M-61.9% | $510.6M+244.8% | $148.1M+77.1% | $83.6M+101.0% | $41.6M-24.9% |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | $1.2M-23.6% | $1.6M-22.5% |
| Accounts Receivable | $369K-89.8% | $3.6M-21.2% | $4.6M+15.5% | $4.0M+102.7% | $2.0M+57.4% | $1.3M-51.8% | $2.6M+33.3% | $1.9M+91.4% |
| Total Liabilities | $282.8M+17.7% | $240.3M+6.3% | $226.1M-2.8% | $232.5M-17.3% | $281.0M+106.6% | $136.0M+1.4% | $134.2M+519.6% | $21.7M+358.4% |
| Current Liabilities | $281.0M+16.9% | $240.3M+11.8% | $214.9M+994.1% | $19.6M+137.9% | $8.3M-5.7% | $8.8M-41.6% | $15.0M+346.0% | $3.4M-9.7% |
| Non-Current Liabilities | $1.9M+8909.5% | $21K-99.8% | $11.2M-94.8% | $212.9M-21.9% | $272.8M+114.3% | $127.3M+6.8% | $119.2M+551.4% | $18.3M+1729.6% |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $130.5M+8.5% | $120.2M+547.5% | $18.6M+1898.5% |
| Total Equity | $816.9M-8.3% | $890.9M+7.5% | $828.9M+5.7% | $784.0M+46.2% | $536.3M+181.2% | $190.7M+19.5% | $159.6M+94.0% | $82.3M-24.4% |
| Retained Earnings | -$745.0M-11.3% | -$669.5M-1.3% | -$661.2M-142.9% | -$272.2M-52.4% | -$178.7M-27.5% | -$140.2M-112.9% | -$65.8M+52.2% | -$137.6M-25.9% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill.
LAR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$4.7M+7.1% |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $277K-10.4% |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$4.9M+7.3% |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $12.7M+191.5% |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $7.7M+544.0% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
LAR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.30), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Lithium Argentina AG LAR | FY2025 | N/A | -$76.9M | N/A | $782.8M | — |
| United States Antimony Corporation UAMY | FY2025 | $39.3M | -$4.3M | -11.1% | $416.1M | 47/100 |
| Sigma Lithium Corporation SGML | FY2025 | $110.0M | -$50.2M | -45.6% | $989.5M | 14/100 |
| Standard Lithium Ltd. SLI | FY2025 | N/A | -$48.4M | N/A | $343.0M | — |
| EMX Royalty Corporation EMX | FY2024 | $27.4M | -$3.3M | -12.0% | $453.3M | 11/100 |
| Lithium Americas Corp. LAC | FY2025 | N/A | -$86.3M | N/A | $813.2M | — |
Where Lithium Argentina AG Ranks
Frequently Asked Questions
Is Lithium Argentina AG profitable?
No, Lithium Argentina AG (LAR) reported a net income of -$76.9M in fiscal year 2025.
What is Lithium Argentina AG's return on equity (ROE)?
Lithium Argentina AG (LAR) has a return on equity of -9.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lithium Argentina AG's free cash flow?
Lithium Argentina AG (LAR) recorded an outflow of $30.0M in free cash flow during fiscal year 2025. This represents a -31.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lithium Argentina AG's operating cash flow?
Lithium Argentina AG (LAR) recorded an outflow of $30.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lithium Argentina AG's total assets?
Lithium Argentina AG (LAR) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lithium Argentina AG's capital expenditures?
Lithium Argentina AG (LAR) reported no capital expenditure during fiscal year 2025.
What is Lithium Argentina AG's current ratio?
Lithium Argentina AG (LAR) had a current ratio of 0.30 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Lithium Argentina AG's debt-to-equity ratio?
Lithium Argentina AG (LAR) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lithium Argentina AG's return on assets (ROA)?
Lithium Argentina AG (LAR) had a return on assets of -7.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lithium Argentina AG's P/E ratio?
Lithium Argentina AG (LAR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $782.8M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lithium Argentina AG's price-to-sales ratio?
Lithium Argentina AG (LAR) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $782.8M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lithium Argentina AG's Piotroski F-Score?
Lithium Argentina AG (LAR) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lithium Argentina AG's earnings high quality?
Lithium Argentina AG (LAR) reported a net loss of $76.9M while operations used $30.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.