Luckin Coffee (LKNCY) - Cash on Hand

Cash on Hand as of September 2024 : $0.65 Billion USD

According to Luckin Coffee's latest financial reports the company has $0.65 Billion USD 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	$0.51 B	-49.59%
2021-12-31	$1.01 B	31.14%
2020-12-31	$0.77 B	0.92%
2019-12-31	$0.76 B	199.97%
2018-12-31	$0.25 B	660.33%
2017-12-31	$33.67 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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