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Lucid Group (XBUL:CH2A) Equity-to-Asset : 0.40 (As of Dec. 2024)


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What is Lucid Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lucid Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was лв6,702 Mil. Lucid Group's Total Assets for the quarter that ended in Dec. 2024 was лв16,696 Mil. Therefore, Lucid Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.40.

The historical rank and industry rank for Lucid Group's Equity-to-Asset or its related term are showing as below:

XBUL:CH2A' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.94   Med: 0.5   Max: 0.57
Current: 0.4

During the past 6 years, the highest Equity to Asset Ratio of Lucid Group was 0.57. The lowest was -0.94. And the median was 0.50.

XBUL:CH2A's Equity-to-Asset is ranked worse than
61.27% of 1322 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XBUL:CH2A: 0.40

Lucid Group Equity-to-Asset Historical Data

The historical data trend for Lucid Group's Equity-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 Equity-to-Asset Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial -0.94 0.50 0.55 0.57 0.40

Lucid Group Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.48 0.43 0.32 0.40

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

For the Auto Manufacturers subindustry, Lucid Group's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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


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Lucid Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lucid Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=6701.917/16695.783
=0.40

Lucid Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=6701.917/16695.783
=0.40

* 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.


Lucid Group  (XBUL:CH2A) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lucid Group Equity-to-Asset Related Terms

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


Lucid Group Business Description

Traded in Other Exchanges
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.

Lucid Group Headlines

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