LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : S$41.71 Million

According to LM Funding America's latest financial reports the company has S$41.71 Million 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	$S$46.04 M	-32.39%
2022-12-31	$S$68.09 M	-17.44%
2021-12-31	$S$82.48 M	443.64%
2020-12-31	$S$15.17 M	296.96%
2019-12-31	$S$3.82 M	-51.84%
2018-12-31	$S$7.93 M	561.45%
2017-12-31	$S$1.19 M	-80.12%
2016-12-31	$S$6.03 M	-31.9%
2015-12-31	$S$8.86 M	-691.81%
2014-12-31	$-S$1.5 Million	-53.58%
2013-12-31	$-S$3.23 Million

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