Open Lending (LPRO) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.94 Billion

According to Open Lending's latest financial reports the company has HK$1.94 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.

Open Lending - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.87 B	17.44%
2022-12-31	HK$1.59 B	75.92%
2021-12-31	HK$0.90 B	15.39%
2020-12-31	HK$0.78 B	1216.37%
2019-12-31	HK$59.78 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
360 DigiTech QFIN	HK$7.88 B	305.00%	🇨🇳 China
Rocket Companies RKT	HK$6.42 B	230.06%	🇺🇸 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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