Lucid Total Current Assets from 2010 to 2024

LCID Stock  USD 2.17  0.04  1.88%   
Lucid's Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 3.8 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
4.8 B
Current Value
3.8 B
Quarterly Volatility
2.1 B
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Lucid Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Lucid's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Lucid Total Current Assets Regression Statistics

Arithmetic Mean1,657,913,696
Geometric Mean837,985,633
Coefficient Of Variation129.49
Mean Deviation1,778,951,287
Median423,236,000
Standard Deviation2,146,781,345
Sample Variance4608670.1T
Range6.1B
R-Value0.72
Mean Square Error2371832.1T
R-Squared0.52
Significance0
Slope346,861,257
Total Sum of Squares64521382T

Lucid Total Current Assets History

20243.8 B
20234.8 B
20224.9 B
20216.5 B
2020662.6 M

About Lucid Financial Statements

Lucid stakeholders use historical fundamental indicators, such as Lucid's Total Current Assets, 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
Total Current Assets4.8 B3.8 B

Also Currently Popular

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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.