Lucid Motors (LCID) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹295.38 Billion

According to Lucid Motors's latest financial reports the company has ₹295.38 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	$₹403.89 B	12.21%
2022-12-31	$₹359.93 B	23.7%
2021-12-31	$₹290.97 B	238.53%
2020-12-31	$₹85.95 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	₹5.651 T	1,813.11%	🇺🇸 USA
NIO NIO	₹239.54 B	-18.90%	🇨🇳 China
Rivian RIVN	₹572.81 B	93.92%	🇺🇸 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 June 2024 : ₹295.38 Billion