Lucid Short Term Debt vs Common Stock Analysis

LCID Stock

USD 2.12 0.06 2.91%

Lucid financial indicator trend analysis is infinitely more than just investigating Lucid Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucid Group is a good investment. Please check the relationship between Lucid Short Term Debt and its Common Stock accounts. 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucid Group Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Lucid's Short Term Debt and Common Stock is 0.81. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Lucid Group, assuming nothing else is changed. The correlation between historical values of Lucid's Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Lucid Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Lucid's Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Short Term Debt

Common Stock

Most indicators from Lucid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucid Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At present, Lucid's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	1.4M	30.6M	24.9M	14.4M
Depreciation And Amortization	75.5M	206.3M	233.5M	117.5M

Interest Expense Depreciation And Amortization

Lucid fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock
Total Assets		1.0	0.94	0.93	1.0	0.7	0.97	0.95	-0.07	-0.94	0.8	0.74	0.93	0.64	0.92	0.96	0.73	0.89	0.78	0.98	0.86	0.94	0.97	1.0	0.98	0.99
Short Long Term Debt Total	1.0		0.95	0.94	0.99	0.67	0.96	0.95	-0.03	-0.95	0.8	0.71	0.94	0.66	0.92	0.94	0.74	0.9	0.8	0.97	0.88	0.96	0.97	0.99	0.97	1.0
Other Current Liab	0.94	0.95		1.0	0.96	0.41	0.94	1.0	0.25	-0.94	0.88	0.46	1.0	0.74	0.99	0.79	0.82	0.93	0.9	0.85	0.96	0.94	0.85	0.9	0.85	0.96
Total Current Liabilities	0.93	0.94	1.0		0.95	0.39	0.93	0.99	0.27	-0.93	0.9	0.44	1.0	0.73	0.99	0.78	0.81	0.93	0.91	0.84	0.98	0.95	0.84	0.9	0.84	0.95
Total Stockholder Equity	1.0	0.99	0.96	0.95		0.64	0.98	0.97	0.0	-0.95	0.82	0.69	0.96	0.67	0.94	0.93	0.76	0.91	0.82	0.96	0.89	0.94	0.95	0.98	0.96	0.99
Other Liab	0.7	0.67	0.41	0.39	0.64		0.62	0.45	-0.69	-0.56	0.24	0.99	0.39	0.19	0.37	0.88	0.25	0.42	0.21	0.82	0.26	0.52	0.81	0.75	0.82	0.63
Net Tangible Assets	0.97	0.96	0.94	0.93	0.98	0.62		0.96	-0.04	-0.91	0.78	0.67	0.94	0.62	0.95	0.9	0.7	0.85	0.76	0.92	0.85	0.87	0.9	0.95	0.93	0.96
Property Plant And Equipment Net	0.95	0.95	1.0	0.99	0.97	0.45	0.96		0.21	-0.95	0.84	0.49	1.0	0.75	0.99	0.81	0.83	0.93	0.89	0.86	0.94	0.93	0.86	0.91	0.86	0.97
Net Debt	-0.07	-0.03	0.25	0.27	0.0	-0.69	-0.04	0.21		-0.19	0.3	-0.67	0.26	0.54	0.24	-0.34	0.51	0.34	0.54	-0.25	0.37	0.15	-0.22	-0.14	-0.25	0.02
Retained Earnings	-0.94	-0.95	-0.94	-0.93	-0.95	-0.56	-0.91	-0.95	-0.19		-0.77	-0.59	-0.94	-0.85	-0.9	-0.85	-0.91	-0.98	-0.92	-0.89	-0.87	-0.92	-0.89	-0.92	-0.89	-0.95
Accounts Payable	0.8	0.8	0.88	0.9	0.82	0.24	0.78	0.84	0.3	-0.77		0.32	0.86	0.5	0.86	0.65	0.62	0.81	0.83	0.71	0.96	0.86	0.68	0.77	0.72	0.8
Cash	0.74	0.71	0.46	0.44	0.69	0.99	0.67	0.49	-0.67	-0.59	0.32		0.44	0.2	0.43	0.9	0.27	0.46	0.25	0.85	0.32	0.55	0.83	0.79	0.85	0.67
Non Current Assets Total	0.93	0.94	1.0	1.0	0.96	0.39	0.94	1.0	0.26	-0.94	0.86	0.44		0.76	0.99	0.78	0.83	0.93	0.9	0.84	0.96	0.93	0.84	0.89	0.84	0.96
Non Currrent Assets Other	0.64	0.66	0.74	0.73	0.67	0.19	0.62	0.75	0.54	-0.85	0.5	0.2	0.76		0.7	0.48	0.99	0.88	0.89	0.54	0.66	0.69	0.57	0.59	0.53	0.69
Other Assets	0.92	0.92	0.99	0.99	0.94	0.37	0.95	0.99	0.24	-0.9	0.86	0.43	0.99	0.7		0.76	0.78	0.89	0.87	0.82	0.95	0.9	0.81	0.88	0.82	0.94
Cash And Short Term Investments	0.96	0.94	0.79	0.78	0.93	0.88	0.9	0.81	-0.34	-0.85	0.65	0.9	0.78	0.48	0.76		0.57	0.76	0.6	0.99	0.69	0.84	0.98	0.98	0.99	0.92
Net Receivables	0.73	0.74	0.82	0.81	0.76	0.25	0.7	0.83	0.51	-0.91	0.62	0.27	0.83	0.99	0.78	0.57		0.94	0.95	0.63	0.76	0.78	0.65	0.69	0.63	0.77
Common Stock Shares Outstanding	0.89	0.9	0.93	0.93	0.91	0.42	0.85	0.93	0.34	-0.98	0.81	0.46	0.93	0.88	0.89	0.76	0.94		0.97	0.81	0.9	0.92	0.81	0.86	0.81	0.91
Short Term Investments	0.78	0.8	0.9	0.91	0.82	0.21	0.76	0.89	0.54	-0.92	0.83	0.25	0.9	0.89	0.87	0.6	0.95	0.97		0.67	0.91	0.86	0.67	0.74	0.67	0.82
Non Current Liabilities Total	0.98	0.97	0.85	0.84	0.96	0.82	0.92	0.86	-0.25	-0.89	0.71	0.85	0.84	0.54	0.82	0.99	0.63	0.81	0.67		0.76	0.9	0.99	0.99	1.0	0.96
Inventory	0.86	0.88	0.96	0.98	0.89	0.26	0.85	0.94	0.37	-0.87	0.96	0.32	0.96	0.66	0.95	0.69	0.76	0.9	0.91	0.76		0.93	0.75	0.83	0.76	0.89
Other Current Assets	0.94	0.96	0.94	0.95	0.94	0.52	0.87	0.93	0.15	-0.92	0.86	0.55	0.93	0.69	0.9	0.84	0.78	0.92	0.86	0.9	0.93		0.92	0.93	0.89	0.97
Other Stockholder Equity	0.97	0.97	0.85	0.84	0.95	0.81	0.9	0.86	-0.22	-0.89	0.68	0.83	0.84	0.57	0.81	0.98	0.65	0.81	0.67	0.99	0.75	0.92		0.99	0.99	0.96
Total Liab	1.0	0.99	0.9	0.9	0.98	0.75	0.95	0.91	-0.14	-0.92	0.77	0.79	0.89	0.59	0.88	0.98	0.69	0.86	0.74	0.99	0.83	0.93	0.99		0.99	0.98
Total Current Assets	0.98	0.97	0.85	0.84	0.96	0.82	0.93	0.86	-0.25	-0.89	0.72	0.85	0.84	0.53	0.82	0.99	0.63	0.81	0.67	1.0	0.76	0.89	0.99	0.99		0.95
Common Stock	0.99	1.0	0.96	0.95	0.99	0.63	0.96	0.97	0.02	-0.95	0.8	0.67	0.96	0.69	0.94	0.92	0.77	0.91	0.82	0.96	0.89	0.97	0.96	0.98	0.95

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Lucid Account Relationship Matchups

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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:

How To Invest In Lucid

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Is Lucid Stock a good investment?

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What is Lucid's Net Worth?

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Largest Consumer Discretionary Companies

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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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

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Lucid Short Term Debt vs Common Stock Analysis

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Short Term Debt

Common Stock

Lucid fundamental ratios Correlations

Lucid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Net	+ 1.0	Other Current Liab

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Property Plant And Equipment Net
Retained Earnings	- 0.95	Total Stockholder Equity
Retained Earnings	- 0.95	Short Long Term Debt Total
Non Current Assets Total	- 0.94	Retained Earnings