Lucid Group Balance Sheet Health
Financial Health criteria checks 5/6
Lucid Group has a total shareholder equity of $3.7B and total debt of $2.0B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are $8.5B and $4.7B respectively.
Key information
54.7%
Debt to equity ratio
US$2.05b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.47b |
| Equity | US$3.74b |
| Total liabilities | US$4.75b |
| Total assets | US$8.49b |
Recent financial health updates
Recent updates
Lucid Group: New 52-Week Lows - What Now?
Nov 21Lucid: Another Chance To Sell
Nov 08The Price Is Right For Lucid Group, Inc. (NASDAQ:LCID) Even After Diving 29%
Oct 18
Lucid: It's Now Or Never
Oct 15Lucid Group: Continued Liquidity Dip Sets Up Precarious Drive For This EV Upstart
Sep 30Lucid: Likely Dead Money
Aug 24The Price Is Right For Lucid Group, Inc. (NASDAQ:LCID) Even After Diving 32%
Aug 13Lucid: Saudi Arabia To The Rescue (Rating Upgrade)
Aug 13Lucid: Another Large Capital Raise
Aug 06Lucid Group: Not A Lucid Investment For Saudi Arabia's PIF
Jul 31Lucid: Finally Some Growth
Jul 09Health Check: How Prudently Does Lucid Group (NASDAQ:LCID) Use Debt?
Jul 04Lucid Group: Use The Rivian-Volkswagen News To Cut More
Jun 27Lucid: The Knives Keep Falling
Jun 19Lucid: This Downgrade Breaks My Heart
May 13Lucid Q1: Another New Low Possible
May 07Lucid: Business Strategy, Profitability, Prospects, All Falling Out Of Place
Apr 29Lucid: 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 01Lucid 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 10Financial Position Analysis
Short Term Liabilities: LCID's short term assets ($4.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: LCID's short term assets ($4.2B) exceed its long term liabilities ($3.6B).
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 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.