GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Luckin Coffee Inc (OTCPK:LKNCY) » Definitions » Equity-to-Asset

Luckin Coffee (Luckin Coffee) Equity-to-Asset : 0.45 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Luckin Coffee Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Luckin Coffee's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,140 Mil. Luckin Coffee's Total Assets for the quarter that ended in Dec. 2023 was $2,562 Mil. Therefore, Luckin Coffee's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

The historical rank and industry rank for Luckin Coffee's Equity-to-Asset or its related term are showing as below:

LKNCY' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.55   Med: 0.3   Max: 0.52
Current: 0.45

During the past 7 years, the highest Equity to Asset Ratio of Luckin Coffee was 0.52. The lowest was -0.55. And the median was 0.30.

LKNCY's Equity-to-Asset is ranked better than
66% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs LKNCY: 0.45

Luckin Coffee Equity-to-Asset Historical Data

The historical data trend for Luckin Coffee's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Luckin Coffee Equity-to-Asset Chart

Luckin Coffee Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.52 0.29 0.30 0.48 0.45

Luckin Coffee Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.48 0.48 0.45 0.45

Competitive Comparison of Luckin Coffee's Equity-to-Asset

For the Restaurants subindustry, Luckin Coffee's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Luckin Coffee's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Luckin Coffee's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Luckin Coffee's Equity-to-Asset falls into.



Luckin Coffee Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Luckin Coffee's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1139.521/2561.83
=0.44

Luckin Coffee's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1139.521/2561.83
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Luckin Coffee  (OTCPK:LKNCY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Luckin Coffee Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Luckin Coffee's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Luckin Coffee (Luckin Coffee) Business Description

Traded in Other Exchanges
Address
1-3 Taibei Road, 28th Floor, Building T3, Haixi Jingu Plaza, Siming District, Fujian, Xiamen, CHN, 361008
Luckin Coffee Inc is a China based company engaged in operation of coffee stores. It sources its Arabica coffee beans from various suppliers and engage World Barista Champion teams to design its coffee recipes. The company also has partnered with suppliers for other products such as juices and light meals.

Luckin Coffee (Luckin Coffee) Headlines

From GuruFocus

Luckin Coffee Announces the Appointment of BDO as Independent Auditor

By GuruFocusNews GuruFocusNews 04-14-2022

Luckin Coffee Announces Corporate Governance Changes

By GuruFocusNews GuruFocusNews 06-29-2022

Luckin Coffee Successfully Emerges from All Bankruptcy Proceedings

By GuruFocusNews GuruFocusNews 04-11-2022

Luckin Coffee: A Fascinating Turnaround Story

By Grahamites 10-01-2023

Luckin Coffee Announces Corporate Governance Changes

By GuruFocusNews GuruFocusNews 06-09-2022

Luckin Coffee Announces Corporate Governance Changes

By GuruFocusNews GuruFocusNews 07-09-2022

Luckin Coffee Files Audited Financial Statements for Fiscal Year 2021

By GuruFocusNews GuruFocusNews 04-14-2022