Lucid Motors (LCID) - Net Assets

Net assets on the balance sheet as of September 2024 : A$4.24 Billion

According to Lucid Motors's latest financial reports the company has A$4.24 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
2023-12-31	$A$7.12 B	11.41%
2022-12-31	$A$6.39 B	18.54%
2021-12-31	$A$5.39 B	252.79%
2020-12-31	$A$1.52 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	A$111.88 B	2,534.78%	🇺🇸 USA
NIO NIO	A$3.62 B	-14.58%	🇨🇳 China
Rivian RIVN	A$9.33 B	119.81%	🇺🇸 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 September 2024 : A$4.24 Billion