The Lion Electric Company
The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories. The company was incorporated in 2008 and is based in Saint-Jérôme, Canada.
The Lion Electric Company (LEVWQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.075x
Based on the latest financial reports, The Lion Electric Company (LEVWQ) has a cash flow conversion efficiency ratio of 0.075x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($21.14 Million) by net assets ($280.44 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
The Lion Electric Company - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how The Lion Electric Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
The Lion Electric Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The Lion Electric Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DOMINION LENDING C. O.N.
F:B6M
|
N/A |
|
Solbar Ningbo Protein Technology Co., Ltd.
SHG:603231
|
0.053x |
|
I-PEX Inc.
OTCGREY:DAIKF
|
N/A |
|
NEXCOM International Co Ltd
TWO:8234
|
0.017x |
|
295310
KQ:295310
|
-0.075x |
|
TOA PAINT (THAILAND)
BK:TOA-R
|
N/A |
|
Dominion Lending Centres Inc
PINK:BRLGF
|
0.068x |
|
CK Power Public Company Limited
BK:CKP-R
|
0.022x |
Annual Cash Flow Conversion Efficiency for The Lion Electric Company (2020–2023)
The table below shows the annual cash flow conversion efficiency of The Lion Electric Company from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $358.91 Million | $-110.04 Million | -0.307x | -12.09% |
| 2022-12-31 | $437.12 Million | $-119.55 Million | -0.274x | +23.01% |
| 2021-12-31 | $368.68 Million | $-130.97 Million | -0.355x | -225.54% |
| 2020-12-31 | $-95.63 Million | $-27.06 Million | 0.283x | -- |