Velocity Financial (VEL)

Total assets on the balance sheet as of June 2024 : A$7.53 Billion

According to Velocity Financial's latest financial reports the company's total assets are A$7.53 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Velocity Financial - Total assets on balance sheet (from 2018 to 2024)

Total assets by year

Year	Total assets	Change
2022-12-31	A$5.50 B	42.01%
2021-12-31	A$3.87 B	41.85%
2020-12-31	A$2.73 B	-13.55%
2019-12-31	A$3.16 B	28.42%
2018-12-31	A$2.46 B	40.18%
2017-12-31	A$1.75 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
New Residential Investment NRZ	N/A	N/A	🇺🇸 USA
Onity Group OCN	A$20.23 B	168.60%	🇺🇸 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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Velocity Financial (VEL) - Total assets

Total assets on the balance sheet as of June 2024 : A$7.53 Billion