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LOT (Lotus Technology) Debt-to-Equity : -5.30 (As of Jun. 2024)


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What is Lotus Technology Debt-to-Equity?

Lotus Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $643.7 Mil. Lotus Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $245.8 Mil. Lotus Technology's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-167.7 Mil. Lotus Technology's debt to equity for the quarter that ended in Jun. 2024 was -5.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lotus Technology's Debt-to-Equity or its related term are showing as below:

LOT' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.3   Med: -1.31   Max: 1.12
Current: -5.3

During the past 3 years, the highest Debt-to-Equity Ratio of Lotus Technology was 1.12. The lowest was -5.30. And the median was -1.31.

LOT's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.475 vs LOT: -5.30

Lotus Technology Debt-to-Equity Historical Data

The historical data trend for Lotus Technology's Debt-to-Equity 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.

Lotus Technology Debt-to-Equity Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
1.12 -1.46 -0.78

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial N/A -1.46 -1.31 -0.78 -5.30

Competitive Comparison of Lotus Technology's Debt-to-Equity

For the Auto Manufacturers subindustry, Lotus Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Lotus Technology's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lotus Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lotus Technology's Debt-to-Equity falls into.


Lotus Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lotus Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(680.737 + 261.306) / -1205.298
=-0.78

Lotus Technology's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(643.666 + 245.764) / -167.744
=-5.30

* 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.

Lotus Technology  (NAS:LOT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Lotus Technology Debt-to-Equity Related Terms

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

Lotus Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lotus Technology Inc (NAS:LOT) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
5EP:Germany
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Website
https://www.group-lotus.com
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand. It also provides other sales and ancillary services to customers.