Lucid Group, Inc. financial data

Symbol
LCID on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
7373 Gateway Blvd., Newark, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Churchill Capital Corp IV (to 7/23/2021), Annetta Acquisition Corp (to 6/25/2020)
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 425 % -20.4%
Quick Ratio 54.2 % -40%
Debt-to-equity 109 % +48.7%
Return On Equity -77.7 % -42%
Return On Assets -34.8 % -10.2%
Operating Margin -414 % +7.43%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.01B shares +31.5%
Common Stock, Shares, Outstanding 2.34B shares +2.11%
Common Stock, Value, Issued 234K USD +2.18%
Weighted Average Number of Shares Outstanding, Basic 2.32B shares +1.73%
Weighted Average Number of Shares Outstanding, Diluted 2.32B shares +1.73%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 731M USD +4.98%
Cost of Revenue 1.7B USD -20.7%
Research and Development Expense 1.14B USD +24.5%
Costs and Expenses 3.76B USD -1.39%
Operating Income (Loss) -3.02B USD +2.82%
Nonoperating Income (Expense) 54.9M USD -88.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.97B USD -12.2%
Income Tax Expense (Benefit) 624K USD -26.7%
Net Income (Loss) Attributable to Parent -2.97B USD -12.2%
Earnings Per Share, Basic -1.3 USD/shares +6.48%
Earnings Per Share, Diluted -1.3 USD/shares +15%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.89B USD +62.6%
Accounts Receivable, after Allowance for Credit Loss, Current 98.2M USD +320%
Inventory, Net 507M USD -36.6%
Other Assets, Current 108M USD +53.6%
Assets, Current 4.25B USD -21.2%
Operating Lease, Right-of-Use Asset 221M USD -0.47%
Other Assets, Noncurrent 198M USD +13.1%
Assets 8.49B USD -5.06%
Accounts Payable, Current 139M USD +33.1%
Employee-related Liabilities, Current 139M USD +126%
Liabilities, Current 1.15B USD +10.4%
Operating Lease, Liability, Noncurrent 240M USD -2.76%
Other Liabilities, Noncurrent 559M USD +61.6%
Liabilities 4.75B USD +34.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 12.9M USD
Retained Earnings (Accumulated Deficit) -12.5B USD -31.1%
Stockholders' Equity Attributable to Parent 2.68B USD -50.4%
Liabilities and Equity 8.49B USD -5.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 15B shares 0%
Common Stock, Shares, Issued 2.34B shares +2.11%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.89B USD +62.4%
Operating Lease, Liability 275M USD +1.13%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.95B USD -11.5%
Lessee, Operating Lease, Liability, to be Paid 400M USD -0.4%
Operating Lease, Liability, Current 34.8M USD +39.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 66.3M USD +11%
Lessee, Operating Lease, Liability, to be Paid, Year One 66.8M USD +13%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +9.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 125M USD -3.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 57.6M USD +1.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 53.9M USD +8.89%
Additional Paid in Capital 15.2B USD +1.5%
Share-based Payment Arrangement, Expense 273M USD +3.01%