Luckin Coffee Debt-to-Assets Ratio Growth & History (LKNCY)
Luckin Coffee's debt-to-assets ratio was 0.24 for fiscal 2025.
View full Luckin Coffee company overviewLuckin Coffee annual debt-to-assets ratio history
2019
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.24 | −0.01 | −2.40% |
| 2024 | 2024-12-31 | 0.25 | −0.03 | −9.53% |
| 2023 | 2023-12-31 | 0.27 | 0.09 | +49.35% |
| 2022 | 2022-12-31 | 0.18 | −0.15 | −45.47% |
| 2021 | 2021-12-31 | 0.33 | — | — |
| 2019 | 2019-12-31 | 0.06 | — | — |
Luckin Coffee quarterly debt-to-assets ratio
Q4.19
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.24 | −0.01 | −2.40% |
| Q4 2024 | 2024-12-31 | 0.25 | −0.03 | −9.53% |
| Q4 2023 | 2023-12-31 | 0.27 | 0.09 | +49.35% |
| Q4 2022 | 2022-12-31 | 0.18 | −0.15 | −45.47% |
| Q4 2021 | 2021-12-31 | 0.33 | — | — |
| Q4 2019 | 2019-12-31 | 0.06 | — | — |
Luckin Coffee debt-to-assets ratio trends
Between the periods ended 2019-12-31 and 2025-12-31, Luckin Coffee's debt-to-assets ratio increased from 0.06 to 0.24, a change of 0.18. The latest reported quarter, Q4 2025, shows 0.24.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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