Lion Electric Balance Sheet Health
Financial Health criteria checks 4/6
Lion Electric has a total shareholder equity of $358.9M and total debt of $224.9M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $841.1M and $482.2M respectively.
Key information
62.7%
Debt to equity ratio
US$224.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$29.89m |
| Equity | US$358.91m |
| Total liabilities | US$482.21m |
| Total assets | US$841.12m |
Recent financial health updates
No updates
Recent updates
Downgrade: Here's How Analysts See The Lion Electric Company (TSE:LEV) Performing In The Near Term
Mar 05
It's A Story Of Risk Vs Reward With The Lion Electric Company (TSE:LEV)
Mar 01Lion Electric (TSE:LEV) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 17The Lion Electric Company (TSE:LEV) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Feb 27Financial Position Analysis
Short Term Liabilities: LEV's short term assets ($356.7M) exceed its short term liabilities ($145.7M).
Long Term Liabilities: LEV's short term assets ($356.7M) exceed its long term liabilities ($336.5M).
Debt to Equity History and Analysis
Debt Level: LEV's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: LEV's debt to equity ratio has reduced from 454.7% to 62.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LEV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LEV has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 43.3% each year.