Vicinity Motor Corp. (VEV)
Vicinity Motor Statistics
Share Statistics
Vicinity Motor has 125.71M shares outstanding. The number of shares has increased by 175.28% in one year.
| Shares Outstanding | 125.71M |
| Shares Change (YoY) | 175.28% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 0.32% |
| Shares Floating | 41.43M |
| Failed to Deliver (FTD) Shares | 54.42K |
| FTD / Avg. Volume | 0.48% |
Short Selling Information
The latest short interest is 787.46K, so 1.56% of the outstanding shares have been sold short.
| Short Interest | 787.46K |
| Short % of Shares Out | 1.56% |
| Short % of Float | 1.72% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is -2.25 and the forward PE ratio is null. Vicinity Motor's PEG ratio is 0.11.
| PE Ratio | -2.25 |
| Forward PE | n/a |
| PS Ratio | 1.96 |
| Forward PS | null |
| PB Ratio | 1.76 |
| P/FCF Ratio | -1.38 |
| PEG Ratio | 0.11 |
Enterprise Valuation
Vicinity Motor has an Enterprise Value (EV) of 62.41M.
| EV / Sales | 3.28 |
| EV / EBITDA | -6.13 |
| EV / EBIT | -2.53 |
| EV / FCF | -2.3 |
Financial Position
The company has a current ratio of 0.93, with a Debt / Equity ratio of 1.66.
| Current Ratio | 0.93 |
| Quick Ratio | 0.4 |
| Debt / Equity | 1.66 |
| Debt / EBITDA | -2.66 |
| Debt / FCF | -1 |
| Interest Coverage | -1.86 |
Financial Efficiency
Return on Equity is -78.47% and Return on Invested Capital is -21.68%.
| Return on Equity | -78.47% |
| Return on Assets | -22.42% |
| Return on Invested Capital | -21.68% |
| Revenue Per Employee | $334.21K |
| Profits Per Employee | $-291.81K |
| Employee Count | 57 |
| Asset Turnover | 0.26 |
| Inventory Turnover | 0.73 |
Taxes
| Income Tax | 5.04M |
| Effective Tax Rate | -30.28% |
Stock Price Statistics
The stock price has increased by -97.22% in the last 52 weeks. The beta is 0.32, so Vicinity Motor's price volatility has been higher than the market average.
| Beta | 0.32 |
| 52-Week Price Change | -97.22% |
| 50-Day Moving Average | 0.07 |
| 200-Day Moving Average | 0.44 |
| Relative Strength Index (RSI) | 23.18 |
| Average Volume (20 Days) | 11.29M |
Income Statement
In the last 12 months, Vicinity Motor had revenue of 19.05M and earned -16.63M in profits. Earnings per share was -0.36.
| Revenue | 19.05M |
| Gross Profit | 2.14M |
| Operating Income | -9.38M |
| Net Income | -16.63M |
| EBITDA | -10.18M |
| EBIT | -11.6M |
| Earnings Per Share (EPS) | -0.36 |
Balance Sheet
The company has 2.03M in cash and 27.08M in debt, giving a net cash position of -25.06M.
| Cash & Cash Equivalents | 2.03M |
| Total Debt | 27.08M |
| Net Cash | -25.06M |
| Retained Earnings | -64.28M |
| Total Assets | 77.75M |
| Working Capital | -5.03M |
Cash Flow
In the last 12 months, operating cash flow was -24.7M and capital expenditures -2.39M, giving a free cash flow of -27.09M.
| Operating Cash Flow | -24.7M |
| Capital Expenditures | -2.39M |
| Free Cash Flow | -27.09M |
| FCF Per Share | -0.59 |
Margins
Gross margin is 11.21%, with operating and profit margins of -49.27% and -87.31%.
| Gross Margin | 11.21% |
| Operating Margin | -49.27% |
| Pretax Margin | -87.31% |
| Profit Margin | -87.31% |
| EBITDA Margin | -53.43% |
| EBIT Margin | -49.27% |
| FCF Margin | -142.2% |
Dividends & Yields
VEV does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -44.53% |
| FCF Yield | -72.53% |
Analyst Forecast
Currently there are no analyst rating for VEV.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on Mar 29, 2021. It was a backward split with a ratio of 1:3.
| Last Split Date | Mar 29, 2021 |
| Split Type | backward |
| Split Ratio | 1:3 |
Scores
| Altman Z-Score | -1.33 |
| Piotroski F-Score | 1 |