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
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 535 % +1.17%
Quick Ratio 73.3 % -18.6%
Debt-to-equity 72.4 % -24.1%
Return On Equity -53.4 % +0.54%
Return On Assets -30.5 % -11.1%
Operating Margin -494 % -25%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.31 B shares +25.8%
Common Stock, Shares, Outstanding 2.31 B shares +25.8%
Entity Public Float 6.1 B USD -46%
Common Stock, Value, Issued 231 K USD +26.2%
Weighted Average Number of Shares Outstanding, Basic 2.3 B shares +25.7%
Weighted Average Number of Shares Outstanding, Diluted 2.3 B shares +25.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 619 M USD -11.6%
Cost of Revenue 1.84 B USD -3.17%
Research and Development Expense 992 M USD +14.6%
Costs and Expenses 3.68 B USD +5.98%
Operating Income (Loss) -3.06 B USD -10.4%
Nonoperating Income (Expense) 329 M USD -57.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.73 B USD -36.3%
Income Tax Expense (Benefit) 1.09 M USD +486%
Net Income (Loss) Attributable to Parent -2.73 B USD -36.3%
Earnings Per Share, Basic -1.23 USD/shares -6.03%
Earnings Per Share, Diluted -1.23 USD/shares +22.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.17 B USD +141%
Accounts Receivable, after Allowance for Credit Loss, Current 127 M USD +4814%
Inventory, Net 566 M USD -44.4%
Other Assets, Current 74.9 M USD +27.2%
Assets, Current 4.83 B USD +17.3%
Operating Lease, Right-of-Use Asset 218 M USD +2.11%
Other Assets, Noncurrent 185 M USD +13.5%
Assets 8.9 B USD +22.5%
Accounts Payable, Current 101 M USD -30.4%
Employee-related Liabilities, Current 101 M USD +18.6%
Liabilities, Current 1.04 B USD +2.14%
Operating Lease, Liability, Noncurrent 239 M USD -0.21%
Other Liabilities, Noncurrent 526 M USD +45.8%
Liabilities 4.16 B USD +14.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.4 M USD +68.2%
Retained Earnings (Accumulated Deficit) -10.9 B USD -33.5%
Stockholders' Equity Attributable to Parent 4.23 B USD +16.5%
Liabilities and Equity 8.9 B USD +22.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -517 M USD +35.5%
Net Cash Provided by (Used in) Financing Activities 997 M USD
Net Cash Provided by (Used in) Investing Activities 318 M USD
Common Stock, Shares Authorized 15 B shares 0%
Common Stock, Shares, Issued 2.31 B shares +25.8%
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 798 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.17 B USD +141%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.03 M USD +20.3%
Deferred Tax Assets, Valuation Allowance 2.14 B USD +55.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 2.32 B USD +56.5%
Operating Lease, Liability 269 M USD +5.48%
Payments to Acquire Property, Plant, and Equipment 198 M USD -18%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.72 B USD -35.5%
Lessee, Operating Lease, Liability, to be Paid 390 M USD +2.07%
Operating Lease, Liability, Current 30.3 M USD +92.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 60.5 M USD +9.45%
Lessee, Operating Lease, Liability, to be Paid, Year One 63.9 M USD +14.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +9.48%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 121 M USD -4.81%
Lessee, Operating Lease, Liability, to be Paid, Year Three 52.7 M USD +1.74%
Deferred Tax Assets, Operating Loss Carryforwards 1.24 B USD +27.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 1.03 M USD +171%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 141 M USD +33.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 48.9 M USD +11.3%
Operating Lease, Payments 45 M USD +190%
Additional Paid in Capital 15.1 B USD +28.2%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 24 K USD +71.4%
Current Federal Tax Expense (Benefit) 0 USD
Deferred Tax Assets, Net of Valuation Allowance 185 M USD +68.8%
Share-based Payment Arrangement, Expense 267 M USD -11.8%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 25.3 M USD -15.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%