Lucid Motors (LCID) - Cash on Hand

Cash on Hand as of June 2024 : C$4.43 Billion

According to Lucid Motors's latest financial reports the company has C$4.43 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.

Lucid Motors - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$5.11 B	-3.59%
2022-12-31	C$5.30 B	-33.48%
2021-12-31	C$7.98 B	917.99%
2020-12-31	C$0.78 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tesla TSLA	C$42.37 B	855.10%	🇺🇸 USA
NIO NIO	C$6.88 B	55.19%	🇨🇳 China
Rivian RIVN	C$10.85 B	144.59%	🇺🇸 USA

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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