Lightning eMotors (FRA:9LK) Debt-to-Asset : 1.19 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Lightning eMotors Debt-to-Asset?

Lightning eMotors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €53.55 Mil. Lightning eMotors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €8.67 Mil. Lightning eMotors's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was €52.19 Mil. Lightning eMotors's debt to asset for the quarter that ended in Sep. 2023 was 1.19.

Lightning eMotors Debt-to-Asset Historical Data

The historical data trend for Lightning eMotors's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lightning eMotors Debt-to-Asset Chart

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

0.67

1.00

0.35

0.50

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial										0.47	0.50	0.50	0.61	1.19

Competitive Comparison of Lightning eMotors's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Lightning eMotors's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lightning eMotors's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lightning eMotors's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Lightning eMotors's Debt-to-Asset falls into.

Lightning eMotors Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lightning eMotors's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.726	+	65.927)	/	135.52
	=	0.50

Lightning eMotors's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(53.55	+	8.666)	/	52.186
	=	1.19

Lightning eMotors (FRA:9LK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Lightning eMotors Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Lightning eMotors's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Lightning eMotors (FRA:9LK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ZEVY:USA

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

Lightning eMotors (FRA:9LK) Headlines

No Headlines