Lucid Group (XBUL:CH2A) Debt-to-Asset : 0.28 (As of Sep. 2024)

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What is Lucid Group Debt-to-Asset?

Lucid Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was лв165 Mil. Lucid Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was лв4,313 Mil. Lucid Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was лв15,811 Mil. Lucid Group's debt to asset for the quarter that ended in Sep. 2024 was 0.28.

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.

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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	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial													0.27	0.29	0.27	0.29	0.28

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
	=	(203.324	+	4318.693)	/	15855.116
	=	0.29

Lucid Group's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(164.593	+	4313.379)	/	15811.282
	=	0.28

Lucid Group (XBUL: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

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Lucid Group Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LCID:USA LCID:Mexico CH2A:Germany

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.

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