LM Funding America, Inc.

LM Funding America, Inc.verified

LMFA

Price:

$2.3

Market Cap:

$7.81M

LM Funding America, Inc. operates as a specialty finance company. It provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois. The company offers funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It is also involved in the business of purchasing delinquent accounts on various terms tailored to suit each Association's financial needs, including under its New Neighbor Guaranty program. LM Funding America, Inc. was founded in 2008 and is based in Tampa, Florida.[Read more]

Industry

Financial - Credit Services

IPO Date

2015-12-17

Stock Exchange

NASDAQ

Ticker

LMFA

The Current Ratio as of December 2024 (TTM) for LM Funding America, Inc. (LMFA) is 0.00

According to LM Funding America, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of -100.00% compared to the average of 0.32 of the last 4 quarters.

LM Funding America, Inc. (LMFA) Historical Current Ratio (quarterly & annually)

How has LMFA Current Ratio performed in the past?

The mean historical Current Ratio of LM Funding America, Inc. over the last ten years is 41.50. The current 0.00 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), LMFA's Current Ratio was at its highest in in the December 2015 quarter at 225.29. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

41.50

Median

12.09

Minimum

0

Maximum

225.29

LM Funding America, Inc. (LMFA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of LM Funding America, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 225.29

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.87-54.36%
20221.92-96.62%
202156.7763.77%
202034.661.39%
20192.33-89.35%
201821.861.67%
20171.24-98.24%
201670.08-68.89%
2015225.29Infinity%
20140-100.00%

LM Funding America, Inc. (LMFA) Average Current Ratio

How has LMFA Current Ratio performed in the past?

The current Current Ratio of LM Funding America, Inc. (LMFA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

19.85

5-year avg

19.31

10-year avg

41.50

LM Funding America, Inc. (LMFA) Current Ratio vs. Peers

How is LMFA’s Current Ratio compared to its peers?

LM Funding America, Inc.’s Current Ratio is greater than X Financial (0), less than Dunxin Financial Holdings Limited (0.63), less than Sunlight Financial Holdings Inc. (4.87), less than Nisun International Enterprise Development Group Co., Ltd (4.22), less than Sentage Holdings Inc. (0), less than Cosmos Group Holdings Inc. (34.90), less than Yiren Digital Ltd. (0.31), less than LexinFintech Holdings Ltd. (4.17), less than Jianpu Technology Inc. (1.66), less than Lufax Holding Ltd (1.72), less than XS Financial Inc. (0.49), less than Zip Co Limited (3.82), less than KYN Capital Group, Inc. (2.02), greater than New America Energy Corp. (0), less than CYIOS Corporation (0.00), less than null (0.05),

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