Open Lending Corporation Long Term Debt (Total)

Long Term Debt (Total) of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Long Term Debt (Total) growth rates and interactive chart. Long-term debt is debt that matures in more than one year. The sum of long-term bank loans, debentures or bonds outstanding. Refers to interest-bearing debt. An indebted company pays interest on its debt, which is recorded on the income statement and reduces net income to common shareholders. Long-term debt is used in ratios lke Debt/Equity or Debt/Assets to determine the financial health of a business.


Highlights and Quick Summary

  • Long Term Debt (Total) for the quarter ending December 30, 2020 was $153 Million (a -0.83% decrease compared to previous quarter)
  • Year-over-year quarterly Long Term Debt (Total) increased by 18338.96%
  • Annual Long Term Debt (Total) for 2020 was $153 Million (a 18338.96% increase from previous year)
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Historical Long Term Debt (Total) of Open Lending Corporation

Most recent Long Term Debt (Total)of LPRO including historical data for past 10 years.

Interactive Chart of Long Term Debt (Total) of Open Lending Corporation

Open Lending Corporation Long Term Debt (Total) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $152.86 $154.14 $155.13 $152.86
2019 $0.83 $0.83

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.