LendingClub (LC) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.93 B

According to LendingClub 's latest financial reports the company has A$1.93 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LendingClub - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.83 B	7.39%
2022-12-31	$A$1.71 B	46.32%
2021-12-31	$A$1.16 B	24.43%
2020-12-31	$A$0.93 B	-26.61%
2019-12-31	$A$1.28 B	3.61%
2018-12-31	$A$1.23 B	4%
2017-12-31	$A$1.18 B	-12.21%
2016-12-31	$A$1.35 B	-5.36%
2015-12-31	$A$1.43 B	20.51%
2014-12-31	$A$1.18 B	1454.6%
2013-12-31	$A$76.34 M
2012-03-31	$-A$46.7 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sallie Mae SLM	A$3.42 B	77.28%	🇺🇸 USA
World Acceptance Corporation WRLD	A$0.63 B	-67.19%	🇺🇸 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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LendingClub (LC) - Net assets

Net assets on the balance sheet as of June 2024 : A$1.93 B