Lucid Group (FRA:CH2A) Debt-to-Asset : 0.27 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Lucid Group Debt-to-Asset?

Lucid Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €101.5 Mil. Lucid Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,128.1 Mil. Lucid Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €8,185.3 Mil. Lucid Group's debt to asset for the quarter that ended in Mar. 2024 was 0.27.

Lucid Group Debt-to-Asset Historical Data

The historical data trend for Lucid Group'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.

Lucid Group Debt-to-Asset Chart

Lucid Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.28

0.30

0.29

Lucid Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial											0.32	0.25	0.27	0.29	0.27

Competitive Comparison of Lucid Group's Debt-to-Asset

For the Auto Manufacturers subindustry, Lucid Group'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.

Lucid Group's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lucid Group's Debt-to-Asset distribution charts can be found below:

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

Lucid Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lucid Group's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(100.105	+	2126.28)	/	7806.162
	=	0.29

Lucid Group's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(101.504	+	2128.088)	/	8185.278
	=	0.27

Lucid Group (FRA:CH2A) 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.

Lucid Group Debt-to-Asset Related Terms

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

Lucid Group (FRA:CH2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (FRA:CH2A) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

LCID:USA LCID:Mexico

Address

7373 Gateway Boulevard, Newark, CA, USA, 94560

Website

https://www.lucidmotors.com

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.

Lucid Group (FRA:CH2A) Headlines

No Headlines