Velocity Financial (VEL)

Total assets on the balance sheet as of September 2024 : NZ$9.31 Billion

According to Velocity Financial's latest financial reports the company's total assets are NZ$9.31 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2022-12-31	NZ$5.90 B	43.41%
2021-12-31	NZ$4.11 B	41.28%
2020-12-31	NZ$2.91 B	-11.38%
2019-12-31	NZ$3.28 B	27.12%
2018-12-31	NZ$2.58 B	33.92%
2017-12-31	NZ$1.93 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
New Residential Investment NRZ	N/A	N/A	🇺🇸 USA
Onity Group OCN	NZ$23.44 B	151.61%	🇺🇸 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) - Total assets

Total assets on the balance sheet as of September 2024 : NZ$9.31 Billion