LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : $31.01 M

According to LM Funding America's latest financial reports the company has $31.01 M 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	$$34.86 M	-31.37%
2022-12-31	$$50.79 M	-16.74%
2021-12-31	$$61.01 M	431.99%
2020-12-31	$$11.46 M	304.54%
2019-12-31	$$2.83 M	-51.19%
2018-12-31	$$5.8 M	547.58%
2017-12-31	$$0.89 M	-78.49%
2016-12-31	$$4.16 M	-33.44%
2015-12-31	$$6.26 M	-652.82%
2014-12-31	$-$1.14 M	-55.49%
2013-12-31	$-$2.55 M

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