Open Historical Balance Sheet

LPRO Stock

USD 6.38 0.02 0.31%

Trend analysis of Open Lending Corp balance sheet accounts such as Other Assets of 65.7 M provides information on Open Lending's total assets, liabilities, and equity, which is the actual value of Open Lending Corp to its prevalent stockholders. By breaking down trends over time using Open Lending balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Open Lending Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Open Lending Corp is a good buy for the upcoming year.

Open Lending Inventory

0.95

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Open Lending Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Open Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Open Lending Corp at a specified time, usually calculated after every quarter, six months, or one year. Open Lending Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Open Lending and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Open currently owns. An asset can also be divided into two categories, current and non-current.

Open Lending Balance Sheet Chart

At this time, Open Lending's Net Receivables is very stable compared to the past year. As of the 2nd of December 2024, Non Current Assets Total is likely to grow to about 102.1 M, while Total Assets are likely to drop about 271.1 M.

Total Assets Total Current Liabilities Other Assets Cash And Short Term Investments

Add Fundamental

Total Assets

Total assets refers to the total amount of Open Lending assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Open Lending Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Open Lending balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Open Lending Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Open Lending Corp balance sheet. This account contains Open Lending investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Open Lending Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most accounts from Open Lending's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Open Lending Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Open Lending Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	12.1M	15.1M	20.6M	13.7M
Total Assets	318.8M	379.6M	374.0M	271.1M

Total Current Liabilities Total Assets

Open Lending balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Other Assets	Cash And Short Term Investments	Capital Surpluse	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Tangible Assets	Accounts Payable	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt
Total Assets		0.97	0.74	-0.81	0.86	0.83	0.81	0.64	0.91	0.95	0.62	0.84	0.83	0.14	0.83	0.53	0.84	0.89	0.88	0.89	0.83	-0.3	0.86	0.83	0.67	0.88
Total Current Liabilities	0.97		0.62	-0.86	0.86	0.81	0.84	0.74	0.87	0.98	0.61	0.82	0.76	0.23	0.76	0.35	0.78	0.84	0.84	0.84	0.84	-0.3	0.83	0.79	0.59	0.84
Total Stockholder Equity	0.74	0.62		-0.27	0.42	0.65	0.31	-0.02	0.6	0.53	0.66	0.61	0.74	-0.28	0.43	0.82	0.68	0.58	0.58	0.6	0.5	-0.44	0.64	0.5	0.33	0.58
Retained Earnings	-0.81	-0.86	-0.27		-0.89	-0.61	-0.86	-0.9	-0.74	-0.91	-0.41	-0.58	-0.57	-0.61	-0.84	-0.08	-0.64	-0.78	-0.81	-0.78	-0.84	-0.1	-0.62	-0.85	-0.79	-0.81
Other Assets	0.86	0.86	0.42	-0.89		0.81	0.9	0.8	0.93	0.93	0.21	0.83	0.82	0.41	0.92	0.43	0.89	0.97	0.97	0.96	0.96	-0.1	0.86	0.95	0.84	0.97
Cash And Short Term Investments	0.83	0.81	0.65	-0.61	0.81		0.85	0.58	0.92	0.84	0.2	0.93	0.97	-0.1	0.78	0.61	0.87	0.88	0.9	0.91	0.84	-0.63	0.96	0.8	0.48	0.9
Capital Surpluse	0.81	0.84	0.31	-0.86	0.9	0.85		0.91	0.87	0.91	0.18	0.8	0.78	0.23	0.89	0.24	0.74	0.85	0.87	0.87	0.84	-0.33	0.83	0.83	0.62	0.87
Total Liab	0.64	0.74	-0.02	-0.9	0.8	0.58	0.91		0.67	0.82	0.14	0.55	0.47	0.48	0.77	-0.14	0.48	0.65	0.68	0.66	0.7	-0.06	0.58	0.69	0.58	0.68
Total Current Assets	0.91	0.87	0.6	-0.74	0.93	0.92	0.87	0.67		0.91	0.26	0.96	0.92	0.06	0.88	0.61	0.92	0.97	0.94	0.96	0.88	-0.41	0.98	0.85	0.68	0.94
Short Term Debt	0.95	0.98	0.53	-0.91	0.93	0.84	0.91	0.82	0.91		0.46	0.84	0.8	0.32	0.84	0.35	0.82	0.9	0.91	0.9	0.91	-0.25	0.86	0.87	0.68	0.91
Common Stock	0.62	0.61	0.66	-0.41	0.21	0.2	0.18	0.14	0.26	0.46		0.19	0.22	0.05	0.2	0.16	0.22	0.22	0.22	0.22	0.22	-0.05	0.2	0.22	0.18	0.22
Other Current Liab	0.84	0.82	0.61	-0.58	0.83	0.93	0.8	0.55	0.96	0.84	0.19		0.92	-0.1	0.73	0.64	0.91	0.91	0.87	0.9	0.81	-0.58	0.99	0.73	0.48	0.87
Net Tangible Assets	0.83	0.76	0.74	-0.57	0.82	0.97	0.78	0.47	0.92	0.8	0.22	0.92		-0.1	0.81	0.77	0.93	0.91	0.92	0.94	0.84	-0.53	0.95	0.84	0.58	0.92
Accounts Payable	0.14	0.23	-0.28	-0.61	0.41	-0.1	0.23	0.48	0.06	0.32	0.05	-0.1	-0.1		0.26	-0.35	0.12	0.23	0.27	0.2	0.43	0.74	-0.07	0.43	0.57	0.27
Net Receivables	0.83	0.76	0.43	-0.84	0.92	0.78	0.89	0.77	0.88	0.84	0.2	0.73	0.81	0.26		0.46	0.79	0.9	0.92	0.92	0.83	-0.1	0.79	0.92	0.86	0.92
Common Stock Shares Outstanding	0.53	0.35	0.82	-0.08	0.43	0.61	0.24	-0.14	0.61	0.35	0.16	0.64	0.77	-0.35	0.46		0.75	0.63	0.59	0.63	0.47	-0.38	0.66	0.51	0.42	0.59
Other Current Assets	0.84	0.78	0.68	-0.64	0.89	0.87	0.74	0.48	0.92	0.82	0.22	0.91	0.93	0.12	0.79	0.75		0.97	0.94	0.96	0.9	-0.31	0.92	0.88	0.7	0.94
Property Plant Equipment	0.89	0.84	0.58	-0.78	0.97	0.88	0.85	0.65	0.97	0.9	0.22	0.91	0.91	0.23	0.9	0.63	0.97		0.98	0.99	0.94	-0.23	0.93	0.94	0.8	0.99
Short Long Term Debt Total	0.88	0.84	0.58	-0.81	0.97	0.9	0.87	0.68	0.94	0.91	0.22	0.87	0.92	0.27	0.92	0.59	0.94	0.98		0.99	0.97	-0.23	0.91	0.97	0.81	1.0
Property Plant And Equipment Net	0.89	0.84	0.6	-0.78	0.96	0.91	0.87	0.66	0.96	0.9	0.22	0.9	0.94	0.2	0.92	0.63	0.96	0.99	0.99		0.95	-0.28	0.93	0.95	0.78	0.99
Current Deferred Revenue	0.83	0.84	0.5	-0.84	0.96	0.84	0.84	0.7	0.88	0.91	0.22	0.81	0.84	0.43	0.83	0.47	0.9	0.94	0.97	0.95		-0.15	0.85	0.96	0.78	0.97
Net Debt	-0.3	-0.3	-0.44	-0.1	-0.1	-0.63	-0.33	-0.06	-0.41	-0.25	-0.05	-0.58	-0.53	0.74	-0.1	-0.38	-0.31	-0.23	-0.23	-0.28	-0.15		-0.56	-0.04	0.35	-0.23
Cash	0.86	0.83	0.64	-0.62	0.86	0.96	0.83	0.58	0.98	0.86	0.2	0.99	0.95	-0.07	0.79	0.66	0.92	0.93	0.91	0.93	0.85	-0.56		0.8	0.55	0.91
Non Current Assets Total	0.83	0.79	0.5	-0.85	0.95	0.8	0.83	0.69	0.85	0.87	0.22	0.73	0.84	0.43	0.92	0.51	0.88	0.94	0.97	0.95	0.96	-0.04	0.8		0.88	0.97
Non Currrent Assets Other	0.67	0.59	0.33	-0.79	0.84	0.48	0.62	0.58	0.68	0.68	0.18	0.48	0.58	0.57	0.86	0.42	0.7	0.8	0.81	0.78	0.78	0.35	0.55	0.88		0.81
Long Term Debt	0.88	0.84	0.58	-0.81	0.97	0.9	0.87	0.68	0.94	0.91	0.22	0.87	0.92	0.27	0.92	0.59	0.94	0.99	1.0	0.99	0.97	-0.23	0.91	0.97	0.81

Click cells to compare fundamentals

Open Lending Account Relationship Matchups

Open Lending balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	79.2M	294.0M	318.8M	379.6M	374.0M	271.1M
Total Current Liabilities	8.2M	17.0M	12.1M	15.1M	20.6M	13.7M
Total Stockholder Equity	(234.8M)	26.6M	159.0M	212.8M	205.6M	215.9M
Retained Earnings	(242.8M)	(428.4M)	(282.4M)	(215.8M)	(193.7M)	(203.4M)
Other Assets	33.7M	124.3M	108.2M	91.7M	105.5M	65.7M
Cash And Short Term Investments	7.7M	101.5M	116.5M	204.5M	240.2M	252.2M
Total Liab	314.0M	267.4M	159.8M	166.8M	168.5M	170.8M
Total Current Assets	45.2M	162.8M	202.8M	280.7M	289.9M	158.1M
Other Current Liab	2.4M	5.8M	7.2M	10.5M	14.9M	7.8M
Net Tangible Assets	(234.8M)	26.6M	159.0M	212.8M	244.7M	257.0M
Accounts Payable	1.3M	3.4M	1.3M	288K	375K	356.3K
Net Receivables	33.5M	54.7M	78.4M	69.9M	40.4M	52.7M
Common Stock Shares Outstanding	37.6M	82.9M	126.4M	126.3M	121.5M	107.5M
Other Current Assets	205K	6.5M	7.9M	6.4M	9.3M	6.0M
Property Plant Equipment	299K	6.9M	7.9M	7.2M	8.3M	5.0M

Pair Trading with Open Lending

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Open Lending position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Open Lending will appreciate offsetting losses from the drop in the long position's value.

Moving together with Open Stock

0.64	V	Visa Class A	Pair Corr
0.78	DHIL	Diamond Hill Investment	Pair Corr
0.65	DIST	Distoken Acquisition	Pair Corr

Moving against Open Stock

0.37

Pintec Technology

Pair Corr

The ability to find closely correlated positions to Open Lending could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Lending when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Open Lending - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Open Lending Corp to buy it.

The correlation of Open Lending is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Open Lending moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Lending Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Open Lending can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Open Lending Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Lending's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Lending Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Lending Corp Stock:

How To Invest In Open

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Is Open Stock a good investment?

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What is Open Lending's Net Worth?

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Largest Financial Services Companies

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You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Lending. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Lending listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.50)

Earnings Share

0.04

Revenue Per Share

0.805

Quarterly Revenue Growth

(0.1)

Return On Assets

0.0079

The market value of Open Lending Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Lending's value that differs from its market value or its book value, called intrinsic value, which is Open Lending's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Lending's market value can be influenced by many factors that don't directly affect Open Lending's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Open Lending's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Lending is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Lending's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Open Historical Balance Sheet

Open Lending Inventory

0.95

About Open Balance Sheet Analysis

Open Lending Balance Sheet Chart

Total Assets

Total Current Liabilities

Cash And Short Term Investments

Open Lending balance sheet Correlations

Open Lending Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Open Lending balance sheet Accounts

Pair Trading with Open Lending

Moving together with Open Stock

Moving against Open Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash	+ 0.99	Other Current Liab
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Long Term Debt	+ 0.99	Property Plant Equipment
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Property Plant And Equipment Net

Short Term Debt	- 0.91	Retained Earnings
Total Liab	- 0.9	Retained Earnings
Other Assets	- 0.89	Retained Earnings
Capital Surpluse	- 0.86	Retained Earnings
Retained Earnings	- 0.86	Total Current Liabilities
Non Current Assets Total	- 0.85	Retained Earnings