Luckin Coffee Balance Sheet Health
Financial Health criteria checks 6/6
Luckin Coffee has a total shareholder equity of CN¥9.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥18.0B and CN¥8.3B respectively. Luckin Coffee's EBIT is CN¥2.2B making its interest coverage ratio -21. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -21x |
Cash | CN¥2.24b |
Equity | CN¥9.71b |
Total liabilities | CN¥8.29b |
Total assets | CN¥18.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKNC.Y's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: LKNC.Y's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: LKNC.Y is debt free.
Reducing Debt: LKNC.Y has no debt compared to 5 years ago when its debt to equity ratio was 20.1%.
Debt Coverage: LKNC.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LKNC.Y has no debt, therefore coverage of interest payments is not a concern.