Velocity Financial (VEL)

Net assets on the balance sheet as of June 2024 : £0.37 Billion

According to Velocity Financial's latest financial reports the company has £0.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$£0.31 B	23.24%
2021-12-31	$£0.25 B	58.42%
2020-12-31	$£0.16 B	38.21%
2019-12-31	$£0.11 B	8.15%
2018-12-31	$£0.10 B	11.23%
2017-12-31	$£96.88 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onity Group OCN	£0.34 B	-8.98%	🇺🇸 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) - Net assets

Net assets on the balance sheet as of June 2024 : £0.37 Billion