Laredo Petroleum (LPI) - Cash on Hand

Cash on Hand as of September 2022 : NZ$85.62 Million

According to Laredo Petroleum's latest financial reports the company has NZ$85.62 Million 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.

Laredo Petroleum - Cash on Hand chart (from 2010 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$83.15 M	23.06%
2020-12-31	NZ$67.57 M	11.39%
2019-12-31	NZ$60.66 M	-9.87%
2018-12-31	NZ$67.31 M	-57.38%
2017-12-31	NZ$0.15 B	234.82%
2016-12-31	NZ$47.16 M	3.62%
2015-12-31	NZ$45.51 M	21.64%
2014-12-31	NZ$37.42 M	-84.48%
2013-12-31	NZ$0.24 B	497.05%
2012-12-31	NZ$40.38 M	12.56%
2011-12-31	NZ$35.87 M	-11.38%
2010-12-31	NZ$40.48 M	96.21%
2009-12-31	NZ$20.63 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Pioneer Natural Resources PXD	NZ$1.00 B	1,071.38%	🇺🇸 USA
Ring Energy REI	NZ$2.02 M	-97.64%	🇺🇸 USA
Comstock Resources CRK	NZ$23.61 M	-72.42%	🇺🇸 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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