Lucid Group Inc (LCID)
2.275
+0.08
(+3.41%)
USD |
NASDAQ |
Nov 04, 13:04
Lucid Group Debt to Equity Ratio: 0.5881 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5881 |
| March 31, 2024 | 0.4893 |
| December 31, 2023 | 0.4266 |
| September 30, 2023 | 0.3789 |
| June 30, 2023 | 0.337 |
| March 31, 2023 | 0.5514 |
| December 31, 2022 | 0.4601 |
| September 30, 2022 | 0.6209 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.5368 |
| March 31, 2022 | 0.5203 |
| December 31, 2021 | 0.5082 |
| September 30, 2021 | 0.0051 |
| June 30, 2021 | |
| March 31, 2021 | |
| December 31, 2020 | -0.0007 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.0007
Minimum
Dec 2020
0.6209
Maximum
Sep 2022
0.4171
Average
0.4893
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| Rivian Automotive Inc | 0.8105 |
| Tesla Inc | 0.1057 |
| Ford Motor Co | 3.549 |
| Workhorse Group Inc | 0.1646 |
| Canoo Inc | 0.2406 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.223B |
| Total Liabilities (Quarterly) | 4.707B |
| Shareholders Equity (Quarterly) | 3.516B |
| Current Ratio | 3.958 |
| Net Debt Paydown Yield | -0.22% |