Open Lending Corporation Debt/Equity

Debt/Equity of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.


Highlights and Quick Summary

  • Debt/Equity for the quarter ending December 30, 2020 was 5.74 (a 27.7% increase compared to previous quarter)
  • Year-over-year quarterly Debt/Equity increased by Infinity%
  • Annual Debt/Equity for 2020 was 5.74 (a 3363.09% increase from previous year)
  • Annual Debt/Equity for 2019 was 0.17 (a Infinity% increase from previous year)
  • Annual Debt/Equity for 2018 was 0.0 (a NaN% decrease from previous year)
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Historical Debt/Equity of Open Lending Corporation

Most recent Debt/Equityof LPRO including historical data for past 10 years.

Interactive Chart of Debt/Equity of Open Lending Corporation

Open Lending Corporation Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 5.74 4.5 -0.33 0.0 5.74
2019 -0.0 0.0 0.0 0.0 0.17
2018 0.0 0.0 0.0 0.0 0.0
2017 0.0 0.0

Business Profile of Open Lending Corporation

Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, 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 based in Austin, Texas.