Open Lending (LPRO) - Cash on Hand

Cash on Hand as of June 2024 : ₹20.95 Billion

According to Open Lending's latest financial reports the company has ₹20.95 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	₹19.99 B	18.2%
2022-12-31	₹16.91 B	95.18%
2021-12-31	₹8.66 B	16.75%
2020-12-31	₹7.42 B	1256.28%
2019-12-31	₹0.54 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
360 DigiTech QFIN	₹85.60 B	308.64%	🇨🇳 China
Rocket Companies RKT	₹69.76 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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