Luckin Coffee Balance Sheet Health
Financial Health criteria checks 6/6
Luckin Coffee has a total shareholder equity of CN¥7.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥11.9B and CN¥4.6B respectively. Luckin Coffee's EBIT is CN¥2.1B making its interest coverage ratio -30.2. It has cash and short-term investments of CN¥4.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -30.2x |
| Cash | CN¥4.34b |
| Equity | CN¥7.24b |
| Total liabilities | CN¥4.65b |
| Total assets | CN¥11.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LC0A's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: LC0A's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: LC0A is debt free.
Reducing Debt: LC0A has no debt compared to 5 years ago when its debt to equity ratio was 72.2%.
Debt Coverage: LC0A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LC0A has no debt, therefore coverage of interest payments is not a concern.