Lilium Balance Sheet Health

Financial Health criteria checks 3/6

Lilium has a total shareholder equity of €-30.4M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €250.1M and €280.5M respectively.

Key information

Debt to equity ratio

€0

Debt

Interest coverage ratio	n/a
Cash	€108.99m
Equity	-€30.41m
Total liabilities	€280.49m
Total assets	€250.09m

Recent financial health updates

Recent updates

Lilium: Not So Dead After All

May 16

Here's Why We're A Bit Worried About Lilium's (NASDAQ:LILM) Cash Burn Situation

Jul 21

We're A Little Worried About Lilium's (NASDAQ:LILM) Cash Burn Rate

Mar 31

Lilium: Call Option On Flying Taxis

Oct 18

Companies Like Lilium (NASDAQ:LILM) Could Be Quite Risky

Oct 15

GlobeAir to purchase 12 Lilium Jets

Sep 29

Lilium's Less-Obvious Advantages

Aug 05

Lilium Is Worth The Lottery Ticket

Jul 19

We Think Lilium (NASDAQ:LILM) Needs To Drive Business Growth Carefully

Jul 01

Astronics selected for Lilium Jet’s Electrical Power Distribution System

Jun 29

Lilium, This Is Perhaps One That Won't Fly

Mar 21

Lilium: Don't Ignore These Risks

Dec 13

Lilium: Future Of Regional Transportation

Sep 18

Financial Position Analysis

Short Term Liabilities: LILM.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LILM.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: LILM.F is debt free.

Reducing Debt: LILM.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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: LILM.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: LILM.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 00:01
End of Day Share Price	2025/01/07 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lilium N.V. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Zazula	Barclays
Tristan Sanson	BNP Paribas Exane
Austin Moeller	Canaccord Genuity

Lilium Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Here's Why We're A Bit Worried About Lilium's (NASDAQ:LILM) Cash Burn Situation

We're A Little Worried About Lilium's (NASDAQ:LILM) Cash Burn Rate

Companies Like Lilium (NASDAQ:LILM) Could Be Quite Risky

We Think Lilium (NASDAQ:LILM) Needs To Drive Business Growth Carefully

Recent updates

Mobile Uplift Corporation GmbH signed an asset purchase agreement to acquire Operating assets of Lilium GmbH and Lilium eAircraft GmbH from Lilium N.V. (OTCPK:LILM.F).

The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Lilium N.V

Lilium N.V.(OTCPK:LILM.F) dropped from NASDAQ Composite Index

New minor risk - Market cap size

Price target decreased by 22% to US$1.48

New major risk - Negative shareholders equity

Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight

Lilium Starts Integration Testing of Lilium Jet Electrical Power System

Lilium N.V. has filed a Follow-on Equity Offering in the amount of $33 million.

Lilium N.V. Expands POWER-ON, Creating Comprehensive Solutions Portfolio with Leading Digital Innovators

Lilium N.V. to Report Q1, 2024 Results on Jun 11, 2024

Price target decreased by 7.9% to US$2.55

New major risk - Shareholder dilution

Lilium N.V. announced that it expects to receive $49.951767 million in funding from BiT Capital, Aceville Pte Ltd., Earlybird Venture Capital GmbH & Co. KG

Lilium: Not So Dead After All

Lilium N.V. to Unveil the Full-Scale Lilium Jet Model for the First Time at EBACE2024

Lilium N.V. Starts Production of High-Performance Battery Packs for the Lilium Jet

Lilium N.V Announces Chief Financial Officer Changes

New major risk - Revenue and earnings growth

Price target decreased by 30% to US$1.96

Lilium N.V. to Report Q4, 2023 Results on Feb 27, 2024

Lilium Starts Production of the Lilium Jet in Watershed Moment for Sustainable Aviation

Lilium N.V. Receives Design Organization Approval from the European Union Aviation Safety Agency

Lilium N.V. Receives Design Organization Approval from the European Union Aviation Safety Agency

Lilium Starts Assembly of the Lilium Jet’S Revolutionary Electric Propulsion System

New major risk - Negative shareholders equity

Lilium N.V. to Report Q2, 2023 Results on Jul 25, 2023

Here's Why We're A Bit Worried About Lilium's (NASDAQ:LILM) Cash Burn Situation

New major risk - Financial position

New major risk - Shareholder dilution

Lilium N.V. announced that it expects to receive $41.789991 million in funding from Earlybird Venture Capital GmbH & Co. KG, BiT Capital, Unternehmertum Venture Capital Partners GmbH

Lilium N.V., Annual General Meeting, Jul 07, 2023

Lilium N.V. to Report Q1, 2023 Results on May 24, 2023

We're A Little Worried About Lilium's (NASDAQ:LILM) Cash Burn Rate

Lilium N.V. Appoints Sebastien Borel as Chief Commercial Officer

Lilium N.V. Announces Executive Changes

Price target decreased to US$5.66

Lilium N.V., Annual General Meeting, Dec 21, 2022

Lilium N.V. to Report Q3, 2022 Results on Dec 06, 2022

Lilium N.V. announced that it expects to receive $89.732421 million in funding from Tencent Holdings Ltd., Investment Arm and other investors

Price target increased to US$12.08

High number of new and inexperienced directors

Lilium: Call Option On Flying Taxis

Co-Founder notifies of intention to sell stock

Companies Like Lilium (NASDAQ:LILM) Could Be Quite Risky

GlobeAir to purchase 12 Lilium Jets

Lilium N.V., Annual General Meeting, Sep 27, 2022

Lilium N.V. to Report Q2, 2022 Results on Sep 28, 2022

Lilium's Less-Obvious Advantages

Lilium Is Worth The Lottery Ticket

We Think Lilium (NASDAQ:LILM) Needs To Drive Business Growth Carefully

Astronics selected for Lilium Jet’s Electrical Power Distribution System

The Klein Law Firm Announces a Lead Plaintiff Deadline of June 17, 2022 in the Class Action Filed on Behalf of Lilium N.V. f/k/a Qell Acquisition Corp. Shareholders

Lilium N.V. Announces CEO Changes

Lilium Achieves Main Wing Transition

Lilium N.V. Files 37 New Patent Applications

Levi & Korsinsky Notifies Lilium N.V. Investors of Class Action Lawsuit and Upcoming Deadline

Lilium N.V. to Report Q1, 2022 Results on Jun 07, 2022

Price target decreased to US$11.86

High number of new and inexperienced directors

Rosen Law Firm Files Securities Class Action Lawsuit Against Lilium N.V

Lilium N.V. Begins Flight Testing in Spain

Full year 2021 earnings released: €1.91 loss per share (vs €2,771 loss in FY 2020)

Lilium N.V. Secures Approvals to Enable Flight Test Campaign in Spain

Lilium, This Is Perhaps One That Won't Fly

Price target decreased to US$14.08

Lilium N.V. to Report Fiscal Year 2021 Results on Mar 01, 2022

High number of new and inexperienced directors

Lilium: Don't Ignore These Risks

Lilium: Future Of Regional Transportation

Financial Position Analysis