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) - Total Assets
Latest total assets as of September 2024: $780.20 Million USD
Based on the latest financial reports, The Lion Electric Company (LEVWQ) holds total assets worth $780.20 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
The Lion Electric Company - Total Assets Trend (2020–2023)
This chart illustrates how The Lion Electric Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Lion Electric Company - Asset Composition Analysis
Current Asset Composition (December 2023)
The Lion Electric Company's total assets of $780.20 Million consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $40.62 Million | 4.8% |
| Inventory | $249.61 Million | 29.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $175.70 Million | 20.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how The Lion Electric Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The Lion Electric Company's current assets represent 42.4% of total assets in 2023, a decrease from 45.4% in 2020.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2023, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, a decrease from 33.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 29.7% of total assets.
The Lion Electric Company Competitors by Total Assets
Key competitors of The Lion Electric Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
The Lion Electric Company - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - The Lion Electric Company generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - The Lion Electric Company is currently not profitable relative to its asset base.
The Lion Electric Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.12 | 2.90 | 2.90 |
| Quick Ratio | 0.30 | 1.08 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $32.41 Million | $ 245.92 Million | $ 245.92 Million |
The Lion Electric Company - Advanced Valuation Insights
This section examines the relationship between The Lion Electric Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 18.4% |
| Total Assets | $841.12 Million |
| Market Capitalization | $184.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Lion Electric Company's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The Lion Electric Company's assets grew by 18.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The Lion Electric Company (2020–2023)
The table below shows the annual total assets of The Lion Electric Company from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $841.12 Million | +18.40% |
| 2022-12-31 | $710.41 Million | +20.29% |
| 2021-12-31 | $590.60 Million | +364.97% |
| 2020-12-31 | $127.02 Million | -- |