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Open LendingLPRO +0.32%70 Cash Ratio is 3.53 as of Mar. 2026, which is 56% below its 10-year median of 8.00. GuruFocus rates LPRO with a GF Score™ of 70/100 and a GF Value™ of $5.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 387 Credit Services companies, Open Lending ranks better than 73.64% on this metric.
Open Lending has a Cash Ratio of 3.53. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Open Lending's Cash Ratio or its related term are showing as below:
LPRO'
s Cash Ratio Range Over the Past 10 Years
Min: 0.94 Med: 8 Max: 13.53
Current: 3.53
During the past 8 years, Open Lending's highest Cash Ratio was 13.53. The lowest was 0.94. And the median was 8.00.
LPRO's Cash Ratio is ranked better than 73.64% of 387
companies
in the Credit Services industry
Industry Median: 0.65
vs LPRO: 3.53
Open Lending (NAS:LPRO) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Open Lending Cash Ratio Related Terms
Open Lending Cash Ratio Historical Data
* Premium members only.
The historical data trend for Open Lending's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, Open Lending's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Open Lending Cash Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Open Lending's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Open Lending (LPRO) has a Cash Ratio of 3.53 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Open Lending and its competitors. This is 56% below median its historical median of 8.00. Over the past decade, Open Lending's Cash Ratio has ranged from 0.94 to 13.53. According to the industry distribution chart, Open Lending ranks #102 out of 387 companies in the Credit Services industry, placing it in the top 26.4%.
Is Open Lending's Cash Ratio too high?
Open Lending's current Cash Ratio of 3.53 is 56% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 13.53. The Credit Services industry median Cash Ratio is 0.65. Open Lending's value of 3.53 is 443.1% above this industry median. Based on the distribution chart, Open Lending ranks #102 out of 387 companies in the Credit Services industry, which is above the industry midpoint. Overall, Open Lending has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's Cash Ratio compare to RM and HTT?
According to the Credit Services industry distribution chart, Open Lending ranks #102 out of 387 companies for Cash Ratio. This puts Open Lending in the upper half of its industry. The industry median Cash Ratio is 0.65. Open Lending's value of 3.53 is 443.1% above this benchmark. Historically, Open Lending's own Cash Ratio has ranged from 0.94 to 13.53 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 0.65, Open Lending has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Credit Services company?
The median Cash Ratio among Credit Services companies is 0.65, based on 387 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Lending's current Cash Ratio of 3.53 is 443.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Open Lending and its competitors. For the Credit Services industry, the median Cash Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current Cash Ratio is 3.53, which is 56% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.78, compared to a current price of $3.14 — trading 45.7% below its estimated fair value. The current Cash Ratio is 3.53, which is 56% below median its 10-year median of 8.00 and 443.1% above the Credit Services industry median of 0.65. Open Lending's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Open Lending (LPRO), the current Cash Ratio is 3.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.14 is trading 45.7% below its estimated GF Value™ of $5.78.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
Cash Ratio: 3.53 (56% below median its 10-year median of 8.00)
GF Value™: $5.78 vs. price of $3.14 (45.7% below fair value)
Industry Position: 443.1% above the Credit Services median (#102 of 387)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
70GF Score
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