Lucid Group, Inc. financial data

Symbol
LCID on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
7373 Gateway Blvd., Newark, California
State of incorporation
Delaware
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 - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 464 % -12.6%
Quick Ratio 62.8 % -32.1%
Debt-to-equity 85.6 % +3.01%
Return On Equity -58 % +2.29%
Return On Assets -30.2 % +6.82%
Operating Margin -450 % -11.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.32B shares +1.59%
Common Stock, Shares, Outstanding 2.32B shares +1.6%
Entity Public Float 6.1B USD -46%
Common Stock, Value, Issued 232K USD +1.75%
Weighted Average Number of Shares Outstanding, Basic 2.31B shares +20.8%
Weighted Average Number of Shares Outstanding, Diluted 2.31B shares +20.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 668M USD -11.3%
Cost of Revenue 1.75B USD -18.9%
Research and Development Expense 1.05B USD +16.4%
Costs and Expenses 3.68B USD -3.3%
Operating Income (Loss) -3.01B USD +1.31%
Nonoperating Income (Expense) 399M USD -20.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.61B USD -2.46%
Income Tax Expense (Benefit) 433K USD -38.5%
Net Income (Loss) Attributable to Parent -2.61B USD -2.45%
Earnings Per Share, Basic -1.17 USD/shares +18.2%
Earnings Per Share, Diluted -1.17 USD/shares +29.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.35B USD -51.2%
Accounts Receivable, after Allowance for Credit Loss, Current 101M USD +393%
Inventory, Net 510M USD -40%
Other Assets, Current 102M USD +60.1%
Assets, Current 4B USD -36%
Operating Lease, Right-of-Use Asset 213M USD -4.92%
Other Assets, Noncurrent 204M USD +18.9%
Assets 8.22B USD -12.7%
Accounts Payable, Current 114M USD -18.9%
Employee-related Liabilities, Current 137M USD +99.1%
Liabilities, Current 1.01B USD +14.1%
Operating Lease, Liability, Noncurrent 234M USD -6.46%
Other Liabilities, Noncurrent 556M USD +55.8%
Liabilities 4.06B USD +17.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.16M USD +58.2%
Retained Earnings (Accumulated Deficit) -11.5B USD -29.3%
Stockholders' Equity Attributable to Parent 3.52B USD -41%
Liabilities and Equity 8.22B USD -12.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -517M USD +35.5%
Net Cash Provided by (Used in) Financing Activities 997M USD
Net Cash Provided by (Used in) Investing Activities 318M USD
Common Stock, Shares Authorized 15B shares 0%
Common Stock, Shares, Issued 2.32B shares +1.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 798M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.35B USD -51.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.03M USD +20.3%
Deferred Tax Assets, Valuation Allowance 2.14B USD +55.6%
Deferred Tax Assets, Gross 2.32B USD +56.5%
Operating Lease, Liability 265M USD -1.89%
Payments to Acquire Property, Plant, and Equipment 198M USD -18%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.6B USD -1.85%
Lessee, Operating Lease, Liability, to be Paid 383M USD -4.97%
Operating Lease, Liability, Current 30.2M USD +58%
Lessee, Operating Lease, Liability, to be Paid, Year Two 62.2M USD +4.32%
Lessee, Operating Lease, Liability, to be Paid, Year One 64.4M USD +9.21%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +9.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 118M USD -11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 53.9M USD -4.21%
Deferred Tax Assets, Operating Loss Carryforwards 1.24B USD +27.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 141M USD +33.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 50.1M USD +3.27%
Additional Paid in Capital 15.1B USD +1.07%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 185M USD +68.8%
Share-based Payment Arrangement, Expense 253M USD -9.64%
Interest Expense 25.3M USD -15.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%