Lucid Group Balance Sheet Health
Financial Health criteria checks 5/6
Lucid Group has a total shareholder equity of $4.7B and total debt of $2.1B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are $8.9B and $4.2B respectively.
Key information
43.7%
Debt to equity ratio
US$2.07b
Debt
Interest coverage ratio | n/a |
Cash | US$3.99b |
Equity | US$4.74b |
Total liabilities | US$4.16b |
Total assets | US$8.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCID *'s short term assets ($4.8B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: LCID *'s short term assets ($4.8B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: LCID * has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LCID *'s debt to equity ratio has reduced 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: LCID * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LCID * has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 38.6% each year.