Lordstown Motors (RIDE)

Cash on Hand as of June 2023 : ₹11.74 Billion

According to Lordstown Motors's latest financial reports the company has ₹11.74 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	₹18.34 B	0.99%
2021-12-31	₹18.16 B	-60.57%
2020-12-31	₹46.05 B	29814.79%
2019-12-31	₹0.15 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Workhorse Group WKHS	₹0.27 B	-97.64%	🇺🇸 USA
Lordstown Motors RIDE	₹11.74 B	0.00%	🇺🇸 USA
Federal Signal FSS	₹6.28 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 : ₹11.74 Billion