As of May 22, 2025, Lucid Group Inc (LCID) reports a Current Ratio of 4.18.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Lucid Group Inc's Current Ratio
Over recent years, Lucid Group Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 4.18 |
| 2023-12-31 | 4.72 |
| 2022-12-31 | 5.24 |
| 2021-12-31 | 16.43 |
| 2020-12-31 | 3.58 |
This gradual decrease highlights how Lucid Group Inc manages its short-term assets and liabilities over time.
Comparing Lucid Group Inc's Current Ratio to Peers
To better understand Lucid Group Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Lucid Group Inc (LCID) | 4.18 |
| Fisker Inc (FSR) | 2.51 |
| Winnebago Industries Inc (WGO) | 2.44 |
| Tesla Inc (TSLA) | 2.02 |
| Thor Industries Inc (THO) | 1.69 |
| Workhorse Group Inc (WKHS) | 1.18 |
Compared to its competitors, Lucid Group Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.