Elevate Credit (ELVT) - Net assets

Net assets on the balance sheet as of September 2022 : HK$1.31 Billion

According to Elevate Credit 's latest financial reports the company has HK$1.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elevate Credit - Net assets on balance sheet (from 2014 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$0.84 B	-33.11%
2020-12-31	$HK$1.27 B	4.23%
2019-12-31	$HK$1.21 B	33.26%
2018-12-31	$HK$0.91 B	21.74%
2017-12-31	$HK$0.75 B	614.09%
2016-12-31	$HK$0.10 B	-59.33%
2015-12-31	$HK$0.25 B	-36.1%
2014-12-31	$HK$0.40 B	-44.4%
2013-12-31	$HK$0.72 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	HK$3.38 B	156.63%	🇨🇳 China

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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