Lucid Financials
| LCID Stock | USD 2.45 0.01 0.41% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 0.41 | 0.4341 |
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| Current Ratio | 8.01 | 4.7175 |
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The financial analysis of Lucid is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Lucid includes many different criteria found on its balance sheet. For example, investors should never minimize Lucid's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Lucid's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Lucid.
Net Income |
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With this module, you can analyze Lucid financials for your investing period. You should be able to track the changes in Lucid individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Lucid | Select Account or Indicator |
Understanding current and past Lucid Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lucid's financial statements are interrelated, with each one affecting the others. For example, an increase in Lucid's assets may result in an increase in income on the income statement.
The data published in Lucid's official financial statements usually reflect Lucid's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Lucid Group. For example, before you start analyzing numbers published by Lucid accountants, it's critical to develop an understanding of what Lucid's liquidity, profitability, and earnings quality are in the context of the Automobiles space in which it operates.
Please note, the presentation of Lucid's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lucid's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Lucid's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lucid Group. Please utilize our Beneish M Score to check the likelihood of Lucid's management manipulating its earnings.
Lucid Stock Summary
Lucid competes with Nio, Xpeng, Ford, Tesla, and Li AutoInc. Lucid Group, Inc. a technology and automotive company, develops electric vehicle technologies. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 00 people.Specialization | Consumer Discretionary, Automobiles & Components |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US5494981039 |
| CUSIP | 549498103 171439102 |
| Location | California; U.S.A |
| Business Address | 7373 Gateway Boulevard, |
| Sector | Automobiles |
| Industry | Consumer Discretionary |
| Benchmark | NYSE Composite |
| Website | www.lucidmotors.com |
| Phone | 510 648 3553 |
| Currency | USD - US Dollar |
You should never invest in Lucid without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lucid Stock, because this is throwing your money away. Analyzing the key information contained in Lucid's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Lucid Key Financial Ratios
Generally speaking, Lucid's financial ratios allow both analysts and investors to convert raw data from Lucid's financial statements into concise, actionable information that can be used to evaluate the performance of Lucid over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lucid Group reports annually and quarterly.| Return On Equity | -0.61 | ||||
| Operating Margin | (4.69) % | ||||
| Price To Sales | 9.64 X |
Lucid Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Lucid's current stock value. Our valuation model uses many indicators to compare Lucid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lucid competition to find correlations between indicators driving Lucid's intrinsic value. More Info.Lucid Group is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At present, Lucid's Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Lucid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lucid's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lucid's earnings, one of the primary drivers of an investment's value.Lucid Group Systematic Risk
Lucid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lucid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Lucid Group correlated with the market. If Beta is less than 0 Lucid generally moves in the opposite direction as compared to the market. If Lucid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lucid Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lucid is generally in the same direction as the market. If Beta > 1 Lucid moves generally in the same direction as, but more than the movement of the benchmark.
About Lucid Financials
What exactly are Lucid Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Lucid's income statement, its balance sheet, and the statement of cash flows. Potential Lucid investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lucid investors may use each financial statement separately, they are all related. The changes in Lucid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lucid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Lucid Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Lucid is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Lucid has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Lucid's financials are consistent with your investment objective using the following steps:- Review Lucid's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Lucid's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Lucid's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Lucid's stock is overvalued or undervalued.
Lucid Thematic Clasifications
Lucid Group is part of Cars investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Car makers, trucks manufacturing, auto dealerships, and auto parts. Domestic and international companies involved in manufacturing and serving automobiles and trucks
This theme covers Car makers, trucks manufacturing, auto dealerships, and auto parts. Domestic and international companies involved in manufacturing and serving automobiles and trucks. Get More Thematic Ideas
| Cars | View |
Today, most investors in Lucid Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lucid's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lucid growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Lucid April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Lucid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lucid Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lucid Group based on widely used predictive technical indicators. In general, we focus on analyzing Lucid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lucid's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 43.93 | |||
| Value At Risk | (6.07) | |||
| Potential Upside | 7.07 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Lucid Stock analysis
When running Lucid's price analysis, check to measure Lucid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lucid is operating at the current time. Most of Lucid's value examination focuses on studying past and present price action to predict the probability of Lucid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid's price. Additionally, you may evaluate how the addition of Lucid to your portfolios can decrease your overall portfolio volatility.
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Is Lucid's industry 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 (1.36) | Revenue Per Share 0.286 | Quarterly Revenue Growth (0.39) | Return On Assets (0.23) | Return On Equity (0.61) |
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.