LEV (The Lion Electric Co) Gross-Profit-to-Asset % : -8.22% (As of Sep. 2024)

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What is The Lion Electric Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. The Lion Electric Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was $-63.8 Mil. The Lion Electric Co's average Total Assets over the quarter that ended in Sep. 2024 was $776.1 Mil. Therefore, The Lion Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -8.22%.

The Lion Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for The Lion Electric Co's Gross-Profit-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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The Lion Electric Co Gross-Profit-to-Asset % Chart

The Lion Electric Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

2.48

0.01

-1.99

-0.71

The Lion Electric Co Quarterly Data
	Dec19	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial														2.59	-4.26	-5.41	-7.71	-8.22

Competitive Comparison of The Lion Electric Co's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-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 Gross-Profit-to-Asset % distribution charts can be found below:

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

The Lion Electric Co Gross-Profit-to-Asset % Calculation

The Lion Electric Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	-5.524	/	( (710.411	+	841.121)	/ 2 )
	=	-5.524	/	775.766
	=	-0.71 %

The Lion Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-63.812	/	( (771.915	+	780.2)	/ 2 )
	=	-63.812	/	776.0575
	=	-8.22 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

The Lion Electric Co Gross-Profit-to-Asset % Related Terms

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The Lion Electric Co Business Description

Industry

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

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.