Lucid Motors (LCID) - Cash on Hand

Cash on Hand as of September 2024 : £2.83 Billion

According to Lucid Motors's latest financial reports the company has £2.83 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	£3.02 B	-6.33%
2022-12-31	£3.23 B	-30.29%
2021-12-31	£4.63 B	928.48%
2020-12-31	£0.45 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tesla TSLA	£27.42 B	869.15%	🇺🇸 USA
NIO NIO	£4.32 B	52.64%	🇨🇳 China
Rivian RIVN	£5.49 B	94.10%	🇺🇸 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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