Lucid Motors (LCID) - Net Assets

Net assets on the balance sheet as of December 2024 : C$5.37 Billion

According to Lucid Motors's latest financial reports the company has C$5.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucid Motors - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$C$5.55 B	-13.64%
2023-12-31	$C$6.43 B	9.03%
2022-12-31	$C$5.90 B	18.47%
2021-12-31	$C$4.98 B	-396.29%
2020-12-31	$-C$1.69 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	C$102.30 B	1,802.49%	🇺🇸 USA
NIO NIO	C$3.18 B	-40.81%	🇨🇳 China
Rivian RIVN	C$9.11 B	69.44%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Lucid Motors (LCID) - Net assets

Net assets on the balance sheet as of December 2024 : C$5.37 Billion