Open Lending (LPRO) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.29 Billion

According to Open Lending's latest financial reports the company has S$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Open Lending - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.27 B	-4.84%
2022-12-31	$S$0.28 B	32.75%
2021-12-31	$S$0.21 B	510.26%
2020-12-31	$S$35.21 M	-111.13%
2019-12-31	$-S$0.32 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
360 DigiTech QFIN	S$4.18 B	1,336.92%	🇨🇳 China
Rocket Companies RKT	S$11.83 B	3,965.78%	🇺🇸 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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Open Lending (LPRO) - Net assets

Net assets on the balance sheet as of June 2024 : S$0.29 Billion