Luckin Coffee (LKNCY) - Cash on Hand

Cash on Hand as of September 2024 : £0.52 Billion

According to Luckin Coffee's latest financial reports the company has £0.52 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Luckin Coffee - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£0.42 B	-43.75%
2021-12-31	£0.75 B	32.42%
2020-12-31	£0.56 B	-2.91%
2019-12-31	£0.58 B	190.38%
2018-12-31	£0.20 B	709.54%
2017-12-31	£24.91 M

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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