RIDECAUTIOUS

RIDE Current Ratio Analysis

60.23x

Higher than 100% of Consumer Cyclical sector peers

Updated 1678h ago·SEC filings & market data

Key Takeaway

Lordstown Motors Corp.

Sector Performance

100th percentile

RIDE

60.23x

Sector Median

1.44x

Sector Avg

2.73x

Prior Period

45.16x(May 2026)

↑ Improving

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Deep Analysis

Lordstown Motors Corp. has a current ratio of 60.23x, meaning it holds $60.23 in current assets (like cash and inventory) for every $1.00 of short-term liabilities—an exceptionally high liquidity cushion.

Compared to its Consumer Cyclical sector peers, this ratio far exceeds the median of 1.44x, placing the company in the 100th percentile. However, no year-over-year, quarter-over-quarter, or multi-quarter trend data is available (N/A for all), so there is no history to assess whether this extreme level is stable or deteriorating. The combination of a single, extremely high current ratio with no trend information offers limited insight; it suggests minimal short-term solvency risk but cannot indicate direction or sustainability. This metric contradicts the overall CAUTIOUS verdict because a current ratio this far above the sector median typically signals strong liquidity, though other factors likely underpin the cautious stance.

Frequently Asked Questions

What does the Current Ratio tell investors about RIDE?

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 RIDE's Current Ratio compare to its sector?

RIDE's Current Ratio of 60.23x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 100th percentile.

Who are RIDE'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).

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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.