RIDEQ
Price:
$1.71
Market Cap:
$22.21M
Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers in the United States. Lordstown Motors Corp. was incorporated in 2018 and is based in Lordstown, Ohio. On June 27, 2023, Lordstown Motors Corp., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
Industry
Auto - Manufacturers
IPO Date
2019-04-18
Stock Exchange
OTC
Ticker
RIDEQ
According to Lordstown Motors Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 59.36. This represents a change of 17.55% compared to the average of 50.50 of the last 4 quarters.
The mean historical Current Ratio of Lordstown Motors Corp. over the last ten years is 11.59. The current 59.36 Current Ratio has changed 51.10% with respect to the historical average. Over the past ten years (40 quarters), RIDEQ's Current Ratio was at its highest in in the March 2025 quarter at 59.88. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
11.59
Median
3.72
Minimum
0.09
Maximum
49.98
Discovering the peaks and valleys of Lordstown Motors Corp. 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 = 22.13%
Maximum Annual Current Ratio = 49.98
Minimum Annual Increase = -89.73%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 49.98 | 735.32% |
| 2023 | 5.98 | 60.97% |
| 2022 | 3.72 | 88.46% |
| 2021 | 1.97 | -89.73% |
| 2020 | 19.21 | 22.13% |
| 2019 | 0.09 | -58.25% |
The current Current Ratio of Lordstown Motors Corp. (RIDEQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
19.90
5-year avg
16.17
10-year avg
11.59
Lordstown Motors Corp.’s Current Ratio is greater than Ev Dynamics (Holdings) Limited (0.41), greater than Voltabox AG (2.60), greater than Global-Dining, Inc. (0.93), greater than Carbon Revolution Limited (1.88), greater than Findit, Inc. (0.07), less than Herald Holdings Limited (0), less than Kidville, Inc. (0), greater than Fisker Inc. (1.02), greater than Canoo Inc. (0.14), greater than Hostmore plc (0.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.41 | $25.67M | |
| 2.60 | $27.00M | |
| 0.93 | $27.31M | |
| 1.88 | $23.34M | |
| 0.07 | $30.13M | |
| 0 | $30.23M | |
| 0 | $30.53M | |
| 1.02 | $1.06M | |
| 0.14 | $5.36M | |
| 0.27 | $20.07M |
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How does the current Current Ratio for Lordstown Motors Corp. (RIDEQ) compare to its historical average?