Vicinity Motor Statistics

Total Valuation

Vicinity Motor has a market cap or net worth of $22.22 million. The enterprise value is $40.26 million.

Market Cap	22.22M
Enterprise Value	40.26M

Important Dates

The next estimated earnings date is Monday, August 12, 2024, after market close.

Earnings Date	Aug 12, 2024
Ex-Dividend Date	n/a

Share Statistics

Vicinity Motor has 50.48 million shares outstanding. The number of shares has increased by 0.56% in one year.

Shares Outstanding	50.48M
Shares Change (YoY)	+0.56%
Shares Change (QoQ)	-0.00%
Owned by Insiders (%)	10.18%
Owned by Institutions (%)	0.42%
Float	41.34M

Valuation Ratios

PE Ratio	n/a
Forward PE	6.14
PS Ratio	1.02
Forward PS	n/a
PB Ratio	1.63
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.85
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.90, with a Debt / Equity ratio of 1.55.

Current Ratio	0.90
Quick Ratio	0.24
Debt / Equity	1.55
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-1.95

Financial Efficiency

Return on equity (ROE) is -68.40% and return on invested capital (ROIC) is -27.35%.

Return on Equity (ROE)	-68.40%
Return on Assets (ROA)	-24.50%
Return on Capital (ROIC)	-27.35%
Revenue Per Employee	$382,276
Profits Per Employee	-$231,140
Employee Count	57
Asset Turnover	0.41
Inventory Turnover	1.39

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -49.50% in the last 52 weeks. The beta is 0.51, so Vicinity Motor's price volatility has been lower than the market average.

Beta (5Y)	0.51
52-Week Price Change	-49.50%
50-Day Moving Average	0.64
200-Day Moving Average	0.77
Relative Strength Index (RSI)	42.57
Average Volume (20 Days)	6,260,730

Short Selling Information

The latest short interest is 6,457, so 0.01% of the outstanding shares have been sold short.

Short Interest	6,457
Short Previous Month	18,872
Short % of Shares Out	0.01%
Short % of Float	0.02%
Short Ratio (days to cover)	0.45

Income Statement

In the last 12 months, Vicinity Motor had revenue of $21.79 million and -$13.18 million in losses. Loss per share was -$0.28.

Revenue	21.79M
Gross Profit	2.58M
Operating Income	-9.52M
Pretax Income	-13.04M
Net Income	-13.18M
EBITDA	-7.45M
EBIT	-8.61M
Loss Per Share	-$0.28

Full Income Statement

Balance Sheet

The company has $3.14 million in cash and $21.18 million in debt, giving a net cash position of -$18.04 million or -$0.36 per share.

Cash & Cash Equivalents	3.14M
Total Debt	21.18M
Net Cash	-18.04M
Net Cash Per Share	-$0.36
Equity (Book Value)	13.64M
Book Value Per Share	0.27
Working Capital	-3.66M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$15.06 million and capital expenditures -$1.31 million, giving a free cash flow of -$16.37 million.

Operating Cash Flow	-15.06M
Capital Expenditures	-1.31M
Free Cash Flow	-16.37M
FCF Per Share	-$0.36

Full Cash Flow Statement

Margins

Gross margin is 11.84%, with operating and profit margins of -43.71% and -60.46%.

Gross Margin	11.84%
Operating Margin	-43.71%
Pretax Margin	-59.83%
Profit Margin	-60.46%
EBITDA Margin	-34.20%
EBIT Margin	-39.52%
FCF Margin	-75.12%

Dividends & Yields

Vicinity Motor does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.56%
Shareholder Yield	-0.56%
Earnings Yield	-59.30%
FCF Yield	-73.66%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on March 29, 2021. It was a reverse split with a ratio of 1:3.

Last Split Date	Mar 29, 2021
Split Type	Reverse
Split Ratio	1:3

Scores

Vicinity Motor has an Altman Z-Score of -1.11 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-1.11
Piotroski F-Score	3