LPRO
Price:
$5.72
Market Cap:
$682.68M
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is...[Read more]
Industry
Financial - Credit Services
IPO Date
2018-03-26
Stock Exchange
NASDAQ
Ticker
LPRO
According to Open Lending Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 9.42. This represents a change of -24.57% compared to the average of 12.49 of the last 4 quarters.
The mean historical Current Ratio of Open Lending Corporation over the last ten years is 9.71. The current 9.42 Current Ratio has changed 9.61% with respect to the historical average. Over the past ten years (40 quarters), LPRO's Current Ratio was at its highest in in the December 2022 quarter at 18.58. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
9.71
Median
9.57
Minimum
0.10
Maximum
18.58
Discovering the peaks and valleys of Open Lending Corporation 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 = 3.19%
Maximum Annual Current Ratio = 18.58
Minimum Annual Increase = -24.24%
Minimum Annual Current Ratio = 0.10
Year | Current Ratio | Change |
---|---|---|
2023 | 14.08 | -24.24% |
2022 | 18.58 | 10.56% |
2021 | 16.81 | 75.63% |
2020 | 9.57 | 73.43% |
2019 | 5.52 | 68.24% |
2018 | 3.28 | 3.19% |
The current Current Ratio of Open Lending Corporation (LPRO) 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
16.49
5-year avg
12.91
10-year avg
9.71
Open Lending Corporation’s Current Ratio is greater than EZCORP, Inc. (2.71), greater than ORIX Corporation (0), greater than SLM Corporation (0), greater than Navient Corporation (0.79), less than Enova International, Inc. (17.43), greater than SLM Corporation (0), greater than FirstCash Holdings, Inc (4.31), less than Federal Agricultural Mortgage Corporation (32.57), less than Federal Agricultural Mortgage Corporation (32.57), greater than Green Dot Corporation (0.52), greater than The Western Union Company (0.89), less than Atlanticus Holdings Corporation (0), greater than Medallion Financial Corp. (2.33), less than null (31.25),
Company | Current Ratio | Market cap |
---|---|---|
2.71 | $639.42M | |
0 | $24.28B | |
0 | $5.83B | |
0.79 | $1.42B | |
17.43 | $2.52B | |
0 | $5.91B | |
4.31 | $4.61B | |
32.57 | $2.13B | |
32.57 | $700.20M | |
0.52 | $556.16M | |
0.89 | $3.55B | |
0 | $343.42M | |
2.33 | $217.07M | |
31.25 | $0 |
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