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Electrameccanica Vehicles Long Term Debt

Latest long-term debt for SOLO: $15M.

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Long Term Debt
$15.49M
11.61% YoYΔ $-2.04M vs prior year quarter

Peer average

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Electrameccanica Vehicles Long Term Debt History

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Electrameccanica Vehicles vs. peers: Long Term Debt Comparison

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Electrameccanica Vehicles Long Term Debt Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Electrameccanica Vehicles (SOLO) FAQ

The latest long-term debt for SOLO is $15M as of December 2023. That compares with $18M in the prior-year period — down 11.6% year over year. Investors often review this figure alongside Electrameccanica Vehicles's historical trend and sector peers before judging valuation or financial health.

Over the past year, SOLO's long-term debt moved from $18M to $15M — a 11.6% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Electrameccanica Vehicles's operating scale or balance-sheet position.

A long-term debt figure of $15M for SOLO is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting SOLO's long-term debt ($15M), review year-over-year change from $18M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Electrameccanica Vehicles's long-term debt against similar Consumer Discretionary names. You can also browse sector and industry screens on Stockcircle for a broader set of Consumer Discretionary companies and their key multiples and fundamentals.