Luther Burbank (LBC) - Cash on Hand

Cash on Hand as of December 2022 : C$0.25 Billion

According to Luther Burbank's latest financial reports the company has C$0.25 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.

Luther Burbank - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.25 B	43%
2021-12-31	C$0.17 B	-22.65%
2020-12-31	C$0.22 B	97.16%
2019-12-31	C$0.11 B	-7.4%
2018-12-31	C$0.12 B	31.46%
2017-12-31	C$95.02 M	19.42%
2016-12-31	C$79.56 M	-12.51%
2015-12-31	C$90.94 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	C$0.22 B	-10.19%	🇺🇸 USA
National Bank Holdings NBHC	C$0.26 B	5.17%	🇺🇸 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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