Open Total Assets from 2010 to 2025
| LPRO Stock | USD 3.26 0.18 5.84% |
Total Assets | First Reported 2019-03-31 | Previous Quarter 382.8 M | Current Value 395.7 M | Quarterly Volatility 76 M |
Check Open Lending financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Lending's main balance sheet or income statement drivers, such as Interest Expense of 12.9 M, Operating Income of 31.8 M or EBIT of 57.2 M, as well as many indicators such as Price To Sales Ratio of 13.2, Dividend Yield of 0.0428 or PTB Ratio of 4.73. Open financial statements analysis is a perfect complement when working with Open Lending Valuation or Volatility modules.
Open | Total Assets |
Latest Open Lending's Total Assets Growth Pattern
Below is the plot of the Total Assets of Open Lending Corp over the last few years. 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. It is 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. Open Lending's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Lending's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 374.04 M | 10 Years Trend |
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Total Assets |
| Timeline |
Open Total Assets Regression Statistics
| Arithmetic Mean | 151,777,727 | |
| Geometric Mean | 8,232,184 | |
| Coefficient Of Variation | 113.67 | |
| Mean Deviation | 160,606,773 | |
| Median | 79,186,000 | |
| Standard Deviation | 172,524,144 | |
| Sample Variance | 29764.6T | |
| Range | 429.9M | |
| R-Value | 0.87 | |
| Mean Square Error | 7853.2T | |
| R-Squared | 0.75 | |
| Significance | 0.000013 | |
| Slope | 31,460,699 | |
| Total Sum of Squares | 446468.7T |
Open Total Assets History
Other Fundumenentals of Open Lending Corp
Open Lending Total Assets component correlations
Click cells to compare fundamentals
About Open Lending Financial Statements
Open Lending investors utilize fundamental indicators, such as Total Assets, to predict how Open Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 430.1 M | 271.1 M | |
| Intangibles To Total Assets | (0.05) | (0.05) |
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 against Open Stock
| 0.77 | DB | Deutsche Bank AG | PairCorr |
| 0.77 | TW | Tradeweb Markets | PairCorr |
| 0.75 | LU | Lufax Holding | PairCorr |
| 0.62 | LX | Lexinfintech Holdings | PairCorr |
| 0.6 | DX | Dynex Capital | PairCorr |
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.Check out the analysis of Open Lending Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 | Quarterly Revenue Growth (0.1) | Return On Assets |
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.