Lucid Motors (LCID) - Cash on Hand

Cash on Hand as of September 2024 : $3.47 Billion USD

According to Lucid Motors's latest financial reports the company has $3.47 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$3.85 B	-1.36%
2022-12-31	$3.91 B	-37.52%
2021-12-31	$6.26 B	918.5%
2020-12-31	$0.61 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tesla TSLA	$33.64 B	869.15%	🇺🇸 USA
NIO NIO	$4.99 B	43.77%	🇨🇳 China
Rivian RIVN	$6.73 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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