The Lion Electric Company

The Lion Electric Companyverified

LEV

Price:

$0.22

Market Cap:

$49.77M

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. Its products include battery systems, chassis, bus bodies, and truck cabins. The company also distributes truck and bus parts, as well as accessories. The Lion Electric Company was incorporated in 2008 and is based in Saint-Jérôme, Canada.[Read more]

Industry

Agricultural - Machinery

IPO Date

2020-10-08

Stock Exchange

NYSE

Ticker

LEV

The Current Ratio as of November 2024 (TTM) for The Lion Electric Company (LEV) is 1.12

According to The Lion Electric Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of -48.38% compared to the average of 2.18 of the last 4 quarters.

The Lion Electric Company (LEV) Historical Current Ratio (quarterly & annually)

How has LEV Current Ratio performed in the past?

The mean historical Current Ratio of The Lion Electric Company over the last ten years is 2.67. The current 1.12 Current Ratio has changed 4.11% with respect to the historical average. Over the past ten years (40 quarters), LEV's Current Ratio was at its highest in in the June 2021 quarter at 10.49. The Current Ratio was at its lowest in in the September 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.67

Median

1.92

Minimum

0.71

Maximum

6.56

The Lion Electric Company (LEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The Lion Electric Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 826.33%

Maximum Annual Current Ratio = 6.56

Minimum Annual Increase = -39.17%

Minimum Annual Current Ratio = 0.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.45-38.65%
20223.99-39.17%
20216.56826.33%
20200.71-23.94%
20190.93-33.24%

The Lion Electric Company (LEV) Average Current Ratio

How has LEV Current Ratio performed in the past?

The current Current Ratio of The Lion Electric Company (LEV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.33

5-year avg

2.93

10-year avg

2.67

The Lion Electric Company (LEV) Current Ratio vs. Peers

How is LEV’s Current Ratio compared to its peers?

The Lion Electric Company’s Current Ratio is less than Xos, Inc. (1.94), greater than Ideanomics, Inc. (0.28), less than Nikola Corporation (1.17), less than Wabash National Corporation (1.88), greater than Lightning eMotors, Inc. (0.56), greater than American Premium Mining Corporation (0.72), less than Titan International, Inc. (2.38), less than Deere & Company (1.67), less than Caterpillar Inc. (1.40), less than Hydrofarm Holdings Group, Inc. (3.24), greater than urban-gro, Inc. (0.94), less than CEA Industries Inc. (11.42), less than AB Volvo (publ) (1.29), less than Gencor Industries, Inc. (26.55),

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