Luckin Coffee (LKNCY) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.10 Billion

According to Luckin Coffee's latest financial reports the company has NZ$1.10 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
2022-12-31	NZ$0.80 B	-45.77%
2021-12-31	NZ$1.48 B	38.53%
2020-12-31	NZ$1.07 B	-5.8%
2019-12-31	NZ$1.14 B	198.77%
2018-12-31	NZ$0.38 B	705.03%
2017-12-31	NZ$47.41 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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