Open Lending (LPRO) - Cash on Hand

Cash on Hand as of June 2024 : S$0.33 Billion

According to Open Lending's latest financial reports the company has S$0.33 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	S$0.31 B	15.74%
2022-12-31	S$0.27 B	74.09%
2021-12-31	S$0.15 B	17.23%
2020-12-31	S$0.13 B	1197.71%
2019-12-31	S$10.34 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
360 DigiTech QFIN	S$1.36 B	308.64%	🇨🇳 China
Rocket Companies RKT	S$1.11 B	233.03%	🇺🇸 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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