Lucid Fixed Asset Turnover from 2010 to 2024

LCID Stock  USD 2.17  0.04  1.88%   
Lucid's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 0.21 this year. During the period from 2010 to 2024 Lucid Fixed Asset Turnover annual values regression line had geometric mean of  0.04 and mean square error of  0. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.19630521
Current Value
0.21
Quarterly Volatility
0.08051384
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lucid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lucid's main balance sheet or income statement drivers, such as Tax Provision of 893.5 K, Net Interest Income of 157.3 M or Depreciation And Amortization of 117.5 M, as well as many indicators such as Price To Sales Ratio of 13.99, Dividend Yield of 0.0 or PTB Ratio of 1.98. Lucid financial statements analysis is a perfect complement when working with Lucid Valuation or Volatility modules.
  
Check out the analysis of Lucid Correlation against competitors.

Latest Lucid's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Lucid Group over the last few years. It is Lucid's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lucid's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Lucid Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.04
Coefficient Of Variation119.72
Mean Deviation0.06
Median0.03
Standard Deviation0.08
Sample Variance0.01
Range0.2498
R-Value0.64
Mean Square Error0
R-Squared0.41
Significance0.01
Slope0.01
Total Sum of Squares0.09

Lucid Fixed Asset Turnover History

2024 0.21
2023 0.2
2022 0.26
2021 0.0202
2020 0.005574

About Lucid Financial Statements

Lucid stakeholders use historical fundamental indicators, such as Lucid's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Lucid investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lucid's assets and liabilities are reflected in the revenues and expenses on Lucid's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Lucid Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.20  0.21 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lucid Group is a strong investment it is important to analyze Lucid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lucid's future performance. For an informed investment choice regarding Lucid Stock, refer to the following important reports:
Check out the analysis of Lucid Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lucid. If investors know Lucid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lucid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.33)
Revenue Per Share
0.317
Quarterly Revenue Growth
0.452
Return On Assets
(0.22)
Return On Equity
(0.65)
The market value of Lucid Group is measured differently than its book value, which is the value of Lucid that is recorded on the company's balance sheet. Investors also form their own opinion of Lucid's value that differs from its market value or its book value, called intrinsic value, which is Lucid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lucid's market value can be influenced by many factors that don't directly affect Lucid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lucid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.