ZEVY (Lightning eMotors) Total Assets: $55.70 Mil (As of Sep. 2023)


ZEVY Lightning eMotors Inc ZEVY
12 GF Score
Price $0.00
View Full Analysis

What is Lightning eMotors Total Assets?

Lightning eMotors ZEVY 12 Total Assets is $55.70 Mil as of Sep. 2023. GuruFocus rates ZEVY with a GF Score™ of 12/100.

Lightning eMotors's Total Assets for the quarter that ended in Sep. 2023 was $55.70 Mil.

Total Assets is connected with ROA %. Lightning eMotors's annualized ROA % for the quarter that ended in Sep. 2023 was -248.92%. Total Assets is also linked to Revenue through Asset Turnover. Lightning eMotors's Asset Turnover for the quarter that ended in Sep. 2023 was 0.15.

Lightning eMotors  (OTCPK:ZEVY) Total Assets Explanation

Total Assets is connected with ROA %.

Lightning eMotors's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-202.688/( (107.159+55.695)/ 2 )
=-202.688/81.427
=-248.92 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Lightning eMotors's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=12.366/( (107.159+55.695)/ 2 )
=12.366/81.427
=0.15

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Lightning eMotors Total Assets Related Terms

Lightning eMotors Total Assets Historical Data

* Premium members only.

The historical data trend for Lightning eMotors's Total Assets 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.

Lightning eMotors Total Assets Chart

Lightning eMotors Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
9.78 24.87 213.41 143.56

Lightning eMotors Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets 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 173.31 143.56 122.82 107.16 55.70
ZEVY
12GF Score
Lightning eMotors Inc ZEVY
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lightning eMotors Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Lightning eMotors's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=54.558+89.001
=143.56

Lightning eMotors's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-24.605+80.3
=55.70

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $55.70 Mil mean?
Lightning eMotors (ZEVY) has a Total Assets of $55.70 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Lightning eMotors and its competitors.
Is Lightning eMotors' Total Assets too high?
Lightning eMotors' current Total Assets is $55.70 Mil. Overall, Lightning eMotors has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Lightning eMotors' Total Assets compare to AMMX and CEAD?
Lightning eMotors' Total Assets of $55.70 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Farm & Heavy Construction Machinery company?
A good Total Assets depends on the Farm & Heavy Construction Machinery industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Lightning eMotors and its competitors. Lightning eMotors's current Total Assets is $55.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning eMotors stock overvalued right now?
Lightning eMotors (ZEVY) has a current Total Assets of $55.70 Mil. The current Total Assets is $55.70 Mil. Lightning eMotors' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Lightning eMotors (ZEVY), the current Total Assets is $55.70 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lightning eMotors Business Description

Address 815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.
12GF Score

Get the complete analysis for ZEVY

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price