The Lion Electric Quick Ratio (LEV) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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The Lion Electric Company  (NYSE: LEV)

The Lion Electric's Quick Ratio

LEV's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


The Lion Electric's Cash & cash equivalent grew by 1212.6 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in The Lion Electric's Quick Ratio to 0.13, Quick Ratio remained below The Lion Electric Company average.

Within EV, Auto & Truck Manufacturers industry 31 other companies have achieved higher Quick Ratio than The Lion Electric in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from to 5517.

Explain Quick Ratio?
How much Cash & cash equivalents LEV´s has?
What are LEV´s Current Liabilities?




LEV Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change 132.78 % -14.88 % 33.74 % 58.79 % 4.3 %
Y / Y Cash & cash equivalent Change -26.3 % -95.46 % -86.66 % -66.13 % -46.45 %
Quick Ratio MRQ 0.13 0.02 0.05 0.25 0.4
LEV's Total Ranking # 5517 # # # #
Seq. Current Liabilities Change 110.3 % -5.07 % -13.03 % 34.07 % -23.1 %
Seq. Cash & cash equivalent Change 1212.6 % -58.28 % -83.94 % -16.19 % -19.21 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 32
Consumer Discretionary Sector # 172
Overall Market # 5517


Quick Ratio Statistics
High Average Low
3.95 1.38 0.02
0   (Jun 30 2024)




Financial Statements
The Lion Electric's Current Liabilities $ 207 Millions Visit LEV's Balance sheet
The Lion Electric's Cash & cash equivalent $ 26 Millions Visit LEV's Balance sheet
Source of LEV's Sales Visit LEV's Sales by Geography


Cumulative The Lion Electric's Quick Ratio

LEV's Quick Ratio for the trailling 12 Months

LEV Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 47.92 % 16.06 % 26.04 % 24.38 % 15.75 %
Y / Y Cash & cash equivalent TTM Growth -69.13 % -69.21 % -73.53 % -77.18 % -74.23 %
Quick Ratio TTM 0.12 0.18 0.27 0.36 0.57
Total Ranking TTM # 5475 # # # #
Seq. Current Liabilities TTM Growth 28.78 % -4.03 % 6.52 % 12.36 % 1.04 %
Seq. Cash & cash equivalent TTM Growth -12.96 % -36.81 % -21.4 % -28.61 % -13.17 %


On the trailing twelve months basis Due to in Current Liabilities in the Q3 2024 to $207.45 millions, cumulative Quick Ratio decreased to 0.12 below the The Lion Electric Company average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within EV, Auto & Truck Manufacturers industry 27 other companies have achieved higher Quick Ratio than The Lion Electric. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from to 5475.

Explain Quick Ratio?
How much Cash & cash equivalents LEV´s has?
What are LEV´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 28
Consumer Discretionary Sector # 184
Within the Market # 5475


trailing twelve months Quick Ratio Statistics
High Average Low
3.95 3.95 3.95
(Dec 31 2021)  




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within EV, Auto & Truck Manufacturers Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
General Motors Company  0.34 $ 32,221.000  Millions$ 95,463.000  Millions
Ford Motor Co  0.30 $ 36,905.000  Millions$ 122,350.000  Millions
Faraday Future Intelligent Electric Inc   0.20 $ 37.135  Millions$ 188.962  Millions
Lotus Technology inc   0.20 $ 482.365  Millions$ 2,467.397  Millions
Ecd Automotive Design Inc   0.19 $ 3.592  Millions$ 18.565  Millions
The Lion Electric Company  0.13 $ 26.288  Millions$ 207.447  Millions
Workhorse Group Inc   0.08 $ 3.245  Millions$ 41.214  Millions
Bollinger Innovations Inc   0.07 $ 13.501  Millions$ 190.081  Millions
Oshkosh Corporation  0.06 $ 160.900  Millions$ 2,716.500  Millions
Ilustrato Pictures International Inc.  0.06 $ 0.339  Millions$ 5.862  Millions
Rev Group Inc   0.05 $ 24.600  Millions$ 473.000  Millions

Date modified: 2026-06-23T19:22:41+00:00



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