LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : ₹2.61 Billion

According to LM Funding America's latest financial reports the company has ₹2.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LM Funding America - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹2.90 B	-30.96%
2022-12-31	$₹4.20 B	-7.43%
2021-12-31	$₹4.54 B	441.43%
2020-12-31	$₹0.83 B	314.88%
2019-12-31	$₹0.20 B	-50.23%
2018-12-31	$₹0.40 B	609.16%
2017-12-31	$₹57.27 M	-79.79%
2016-12-31	$₹0.28 B	-31.94%
2015-12-31	$₹0.41 B	-679.66%
2014-12-31	$-₹71.82 Million	-54.34%
2013-12-31	$-₹0.16 Billion

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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LM Funding America (LMFA) - Net assets