Velocity Financial (VEL)

Total assets on the balance sheet as of June 2024 : NZ$7.87 B

According to Velocity Financial's latest financial reports the company's total assets are NZ$7.87 B. 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	43.78%
2021-12-31	NZ$4.10 B	40.45%
2020-12-31	NZ$2.92 B	-10.94%
2019-12-31	NZ$3.28 B	26.98%
2018-12-31	NZ$2.58 B	33.86%
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$21.15 B	168.60%	🇺🇸 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 June 2024 : NZ$7.87 B