Lucid Group, Inc.

Lucid Group, Inc.verified

LCID

Price:

$2.49

Market Cap:

$5.74B

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.[Read more]

Industry

Auto - Manufacturers

IPO Date

2020-09-18

Stock Exchange

NASDAQ

Ticker

LCID

The Current Ratio as of June 2024 (TTM) for Lucid Group, Inc. (LCID) is 4.66

According to Lucid Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.66. This represents a change of -13.81% compared to the average of 5.41 of the last 4 quarters.

Lucid Group, Inc. (LCID) Historical Current Ratio (quarterly & annually)

How has LCID Current Ratio performed in the past?

The mean historical Current Ratio of Lucid Group, Inc. over the last ten years is 7.28. The current 4.66 Current Ratio has changed 6.31% with respect to the historical average. Over the past ten years (40 quarters), LCID's Current Ratio was at its highest in in the September 2021 quarter at 18.51. The Current Ratio was at its lowest in in the September 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

7.28

Median

5.24

Minimum

3.58

Maximum

16.43

Lucid Group, Inc. (LCID) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lucid Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 359.40%

Maximum Annual Current Ratio = 16.43

Minimum Annual Increase = -68.11%

Minimum Annual Current Ratio = 3.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.72-9.96%
20225.24-68.11%
202116.43359.40%
20203.58-44.36%

Lucid Group, Inc. (LCID) Average Current Ratio

How has LCID Current Ratio performed in the past?

The current Current Ratio of Lucid Group, Inc. (LCID) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.79

5-year avg

7.28

10-year avg

7.28

Lucid Group, Inc. (LCID) Current Ratio vs. Peers

How is LCID’s Current Ratio compared to its peers?

Lucid Group, Inc.’s Current Ratio is greater than NIO Inc. (1.15), greater than XPeng Inc. (1.50), greater than Ford Motor Company (1.17), greater than Tesla, Inc. (1.72), greater than Li Auto Inc. (1.53), less than Rivian Automotive, Inc. (4.71), less than Lordstown Motors Corp. (5.98), greater than Polestar Automotive Holding UK PLC (0.55), greater than Canoo Inc. (0.16),

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