The Lion Electric Co (The Lion Electric Co) Debt-to-Asset : 0.45 (As of Mar. 2024)

The Lion Electric Co Debt-to-Asset Chart

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-Asset	Get a 7-Day Free Trial												0.27	0.30	0.34	0.41	0.45

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

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.

The Lion Electric Co's Debt-to-Asset 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-Asset distribution charts can be found below:

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

The Lion Electric Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

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

* 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.

The Lion Electric Co  (NYSE:LEV) 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.

The Lion Electric Co Debt-to-Asset Related Terms

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