The Lion Electric Co (The Lion Electric Co) Debt-to-Revenue : 1.64 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is The Lion Electric Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

The Lion Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $35.1 Mil. The Lion Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $328.4 Mil. The Lion Electric Co's annualized Revenue for the quarter that ended in Mar. 2024 was $221.9 Mil. The Lion Electric Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.64.

The Lion Electric Co Debt-to-Revenue Historical Data

The historical data trend for The Lion Electric Co's Debt-to-Revenue 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.

The Lion Electric Co Debt-to-Revenue Chart

The Lion Electric Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

3.51

1.31

1.25

1.35

The Lion Electric Co Quarterly Data
	Dec19	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial												0.90	1.05	0.91	1.42	1.64

Competitive Comparison of The Lion Electric Co's Debt-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

The Lion Electric Co's Debt-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where The Lion Electric Co's Debt-to-Revenue falls into.

The Lion Electric Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

The Lion Electric Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(35.041	+	306.892)	/	253.496
	=	1.35

The Lion Electric Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(35.124	+	328.394)	/	221.924
	=	1.64

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

The Lion Electric Co Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of The Lion Electric Co's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

The Lion Electric Co (The Lion Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Lion Electric Co (NYSE:LEV) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

70U:Germany LEV:Canada

Address

921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2

Website

https://www.thelionelectric.com

The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.