Lion Electric Balance Sheet Health
Financial Health criteria checks 3/6
Lion Electric has a total shareholder equity of $280.4M and total debt of $292.6M, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are $780.2M and $499.8M respectively.
Key information
104.4%
Debt to equity ratio
US$292.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.29m |
| Equity | US$280.44m |
| Total liabilities | US$499.77m |
| Total assets | US$780.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 70U's short term assets ($292.3M) exceed its short term liabilities ($259.9M).
Long Term Liabilities: 70U's short term assets ($292.3M) exceed its long term liabilities ($239.9M).
Debt to Equity History and Analysis
Debt Level: 70U's net debt to equity ratio (95%) is considered high.
Reducing Debt: 70U's debt to equity ratio has reduced from 522.5% to 104.4% 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: 70U has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 70U has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.9% each year