Luckin Coffee Balance Sheet Health

Financial Health criteria checks 6/6

Luckin Coffee has a total shareholder equity of CN¥12.0B and total debt of CN¥300.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥22.1B and CN¥10.1B respectively. Luckin Coffee's EBIT is CN¥2.6B making its interest coverage ratio -30.6. It has cash and short-term investments of CN¥4.6B.

Key information

2.5%

Debt to equity ratio

CN¥300.00m

Debt

Interest coverage ratio-30.6x
CashCN¥4.56b
EquityCN¥12.01b
Total liabilitiesCN¥10.08b
Total assetsCN¥22.09b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LKNC.Y's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥6.8B).

Long Term Liabilities: LKNC.Y's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥3.3B).


Debt to Equity History and Analysis

Debt Level: LKNC.Y has more cash than its total debt.

Reducing Debt: LKNC.Y's debt to equity ratio has reduced from 3.7% to 2.5% over the past 5 years.

Debt Coverage: LKNC.Y's debt is well covered by operating cash flow (558.1%).

Interest Coverage: LKNC.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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