Lightning eMotors Inc.
Lightning eMotors, Inc. designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 commercial electric and fuel cell vehicles. The company's vehicles comprise cargo and passenger vehicles, school buses, ambulances, shut… Read more
Lightning eMotors Inc. (ZEVY) - Total Assets
Latest total assets as of September 2023: $55.70 Million USD
Based on the latest financial reports, Lightning eMotors Inc. (ZEVY) holds total assets worth $55.70 Million USD as of September 2023.
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.
Lightning eMotors Inc. - Total Assets Trend (2019–2022)
This chart illustrates how Lightning eMotors Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lightning eMotors Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
Lightning eMotors Inc.'s total assets of $55.70 Million consist of 85.3% current assets and 14.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 39.0% |
| Accounts Receivable | $9.90 Million | 6.9% |
| Inventory | $47.07 Million | 32.8% |
| Property, Plant & Equipment | $20.15 Million | 14.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how Lightning eMotors Inc.'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: Lightning eMotors Inc.'s current assets represent 85.3% of total assets in 2022, a decrease from 89.7% in 2019.
- Cash Position: Cash and equivalents constituted 39.0% of total assets in 2022, up from 13.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 32.8% of total assets.
Lightning eMotors Inc. Competitors by Total Assets
Key competitors of Lightning eMotors Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Lightning eMotors Inc. - 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 - Lightning eMotors Inc. generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Lightning eMotors Inc. generates $ 10.57 in net profit.
Lightning eMotors Inc. - 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 | 0.56 | 6.39 | 0.34 |
| Quick Ratio | 0.29 | 4.86 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-30.60 Million | $ 129.32 Million | $ -28.32 Million |
Lightning eMotors Inc. - Advanced Valuation Insights
This section examines the relationship between Lightning eMotors Inc.'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 | 0.00 |
| Asset Growth Rate (YoY) | -32.7% |
| Total Assets | $143.56 Million |
| Market Capitalization | $649.73 USD |
Valuation Analysis
Below Book Valuation: The market values Lightning eMotors Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lightning eMotors Inc.'s assets decreased by 32.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lightning eMotors Inc. (2019–2022)
The table below shows the annual total assets of Lightning eMotors Inc. from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $143.56 Million | -32.73% |
| 2021-12-31 | $213.41 Million | +758.27% |
| 2020-12-31 | $24.86 Million | +154.30% |
| 2019-12-31 | $9.78 Million | -- |