LCIDCAUTIOUS

LCID Current Ratio Analysis

1.02x

Higher than 18% of Consumer Cyclical sector peers

Updated 94h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.02x means the company has $1.02 in current assets for every $1.00 of current liabilities, indicating it can just barely cover short-term obligations.

Sector Performance

18th percentile

LCID

1.02x

Sector Median

1.44x

Sector Avg

2.73x

📊

Deep Analysis

The current ratio of 1.02x means the company has $1.02 in current assets for every $1.00 of current liabilities, indicating it can just barely cover short-term obligations.

This is well below the Consumer Cyclical sector median of 1.44x, placing LCID in the 18th percentile among peers — meaning 82% of sector companies have a higher current ratio. The year-over-year change, quarter-over-quarter change, and trend over the last eight quarters are all listed as N/A, so there is no historical data to assess direction. Without a trend, the low level alone signals that LCID’s liquidity position is notably weaker than most industry competitors, increasing short-term financial risk. This metric directly supports the overall CAUTIOUS verdict, as the current ratio is far from the sector median and offers no evidence of improvement.

Frequently Asked Questions

What does the Current Ratio tell investors about LCID?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

How does LCID's Current Ratio compare to its sector?

LCID's Current Ratio of 1.02x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 18th percentile.

Who are LCID's closest peers by Current Ratio?

The closest Consumer Cyclical peers by Current Ratio include: URBN (1.48x), BROS (1.33x), SE (1.58x), BABA (1.28x), SG (1.61x).

📚

Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.