Luckin Coffee (LKNCY) - Cash on Hand

Cash on Hand as of September 2024 : HK$5.05 Billion

According to Luckin Coffee's latest financial reports the company has HK$5.05 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
2023-12-31	HK$3.85 B	-3.7%
2022-12-31	HK$4.00 B	-49.49%
2021-12-31	HK$7.92 B	31.9%
2020-12-31	HK$6.00 B	0.46%
2019-12-31	HK$5.98 B	198.33%
2018-12-31	HK$2.00 B	662.08%
2017-12-31	HK$0.26 B

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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