LM Funding America (LMFA)

Net assets on the balance sheet as of September 2024 : C$40.95 Million

According to LM Funding America's latest financial reports the company has C$40.95 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	$C$46.23 M	-32.92%
2022-12-31	$C$68.92 M	-11.35%
2021-12-31	$C$77.75 M	431.73%
2020-12-31	$C$14.62 M	294.94%
2019-12-31	$C$3.7 M	-53.21%
2018-12-31	$C$7.91 M	601.63%
2017-12-31	$C$1.12 M	-79.87%
2016-12-31	$C$5.6 M	-35.52%
2015-12-31	$C$8.69 M	-760.83%
2014-12-31	$-C$1.32 Million	-51.47%
2013-12-31	$-C$2.72 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