Lordstown Motors (RIDE)

Cash on Hand as of June 2023 : A$0.22 Billion

According to Lordstown Motors's latest financial reports the company has A$0.22 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Lordstown Motors - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.32 B	-3.23%
2021-12-31	A$0.33 B	-58.9%
2020-12-31	A$0.81 B	26459.61%
2019-12-31	A$3.08 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Workhorse Group WKHS	A$5.18 M	-97.64%	🇺🇸 USA
Lordstown Motors RIDE	A$0.22 B	0.00%	🇺🇸 USA
Federal Signal FSS	A$0.11 B	-46.49%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Lordstown Motors (RIDE) - Cash on Hand

Cash on Hand as of June 2023 : A$0.22 Billion