Lucid Group Balance Sheet Health
Financial Health criteria checks 5/6
Lucid Group has a total shareholder equity of $4.9B and total debt of $2.1B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are $8.5B and $3.7B respectively.
Key information
42.7%
Debt to equity ratio
US$2.07b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.86b |
| Equity | US$4.85b |
| Total liabilities | US$3.66b |
| Total assets | US$8.51b |
Recent financial health updates
No updates
Recent updates
Lucid: The Painful EV Consolidation Is Here, Will It Be Next?
Mar 26Lucid Group: Saudi Arabia Is Dedicated Despite The Risks
Mar 19Lucid: Why Hope Isn't An Investment Strategy
Mar 05Lucid Group, Inc. (NASDAQ:LCID) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 01
Lucid Motors: It Is Not Going To Get Better In 2024
Feb 27The Lucid Group, Inc. (NASDAQ:LCID) Analysts Have Been Trimming Their Sales Forecasts
Feb 27What Will It Take For Lucid To Turn Around?
Feb 20Lucid Stock Still Has Room To Tank
Feb 10Lucid Group: Negatives Outweigh Positives
Jan 19Lucid Group, Inc.'s (NASDAQ:LCID) Price Is Out Of Tune With Revenues
Nov 09Analysts Have Lowered Expectations For Lucid Group, Inc. (NASDAQ:LCID) After Its Latest Results
Aug 10Bearish: Analysts Just Cut Their Lucid Group, Inc. (NASDAQ:LCID) Revenue and EPS estimates
May 10Analyst Forecasts Just Became More Bearish On Lucid Group, Inc. (NASDAQ:LCID)
Mar 04Lucid: After Recent Lows, Is The Stock A Buy?
Oct 19Lucid produced 2,282 vehicles in Q3, on track to achieve annual production guidance of 6K to 7K vehicles
Oct 12Lucid: Don't Turn Away From This Pullback Now - Buy Aggressively
Oct 05Lucid: Focus On EV Deliveries, Not Dilution
Sep 08Lucid's $8 Billion Shelf Filing - Should You Be Concerned?
Aug 30Analyst Forecasts Just Became More Bearish On Lucid Group, Inc. (NASDAQ:LCID)
Aug 13Lucid Motors' Abysmal Q2 Raises Even More Questions
Aug 10Lucid Cuts 2022 Guidance Again
Aug 04Lucid: Speculative Buy Before Earnings
Jul 26Lucid: The Market Has Been Quietly Buying, And So Should You (Technical Analysis)
Jul 14Buy Tesla And Sell Lucid - The Pair Trade Idea In The Automotive Manufacturers Industry
Jun 22Lucid: Still No Clear Buy Signals
Jun 12Lucid Group: I Am Slowly Accumulating
May 18Financial 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 ($2.7B).
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 1.2 years if free cash flow continues to reduce at historical rates of 43.7% each year.