LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : HK$0.24 Billion

According to LM Funding America's latest financial reports the company has HK$0.24 Billion 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	$HK$0.27 B	-31.4%
2022-12-31	$HK$0.39 B	-16.57%
2021-12-31	$HK$0.47 B	435.1%
2020-12-31	$HK$88.9 M	302.67%
2019-12-31	$HK$22.07 M	-51.46%
2018-12-31	$HK$45.48 M	549.06%
2017-12-31	$HK$7 M	-78.32%
2016-12-31	$HK$32.33 M	-33.41%
2015-12-31	$HK$48.55 M	-652.41%
2014-12-31	$-HK$8.79 Million	-55.48%
2013-12-31	$-HK$19.75 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