Open Lending (LPRO) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$1.71 Billion

According to Open Lending's latest financial reports the company has HK$1.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Open Lending - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.60 B	-3.44%
2022-12-31	$HK$1.66 B	34.14%
2021-12-31	$HK$1.23 B	500.68%
2020-12-31	$HK$0.20 B	-111.29%
2019-12-31	$-HK$1.83 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
360 DigiTech QFIN	HK$25.40 B	1,381.67%	🇨🇳 China
Rocket Companies RKT	HK$64.96 B	3,688.56%	🇺🇸 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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Open Lending (LPRO) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.71 Billion