Lordstown Motors (RIDE) - Total debt

Total debt on the balance sheet as of September 2022 : NZ$23.62 Million

According to Lordstown Motors's latest financial reports the company's total debt is NZ$23.62 Million. A company’s total debt is the sum of all current and non-current debts.

Lordstown Motors - Total debt on balance sheet (from 2020 to 2022)

Total debt by year

Year	Total debt	Change
2020-12-31	NZ$1.4 M	-95.3%
2019-12-31	NZ$29.9 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Workhorse Group WKHS	NZ$94.61 M	300.46%	🇺🇸 USA
Federal Signal FSS	NZ$1.04 B	4,304.44%	🇺🇸 USA
Lordstown Motors RIDE	NZ$23.62 M	0.00%	🇺🇸 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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