What is the equity of GreenSky this year?
GreenSky has equity of 49.06 M USD this year.
GreenSky Equity 2024
GreenSky Equity
49.06 M USD
Ticker
GSKY
ISIN
US39572G1004
WKN
A2JMYQ
In 2024, GreenSky's equity was 49.06 M USD, a 0% increase from the 0 USD equity in the previous year.
GreenSky Aktienanalyse
What does GreenSky do?
GreenSky Inc. is a FinTech company that was founded in 2006 by David Zalik. Initially, it offered a mobile app that provided home improvement loans for renovations of residential and commercial properties in the construction industry. Over the years, GreenSky has expanded beyond this niche. GreenSky operates as a type of loan intermediary, enabling banks and financial institutions to issue loans. Customers of GreenSky can apply for loans through the company's website or mobile app. If approved, the customer can receive money into their bank account within minutes to hours. The company also specializes in home improvement and construction, offering various loan products such as loans for kitchen or bathroom renovations or financing for roof repairs. GreenSky partners with hundreds of banks and financial institutions to provide this service. It operates on a B2B2C (Business to Business to Customer) model, offering its services to both businesses and end customers. GreenSky has also developed a mobile app that allows merchants to offer credit and loan options directly to their customers. For example, a bathroom remodeling company can offer its customers a credit solution without the customer having to contact a bank or go to the financial institution in person. In recent years, GreenSky has expanded into other areas, including lending for the healthcare sector. Doctors and clinics can offer loans to facilitate financing for medical treatments or procedures that the patient may not be able to pay for immediately. In addition, GreenSky also offers bridge loans for small businesses. These are short-term loans that allow entrepreneurs to cover their operating expenses while waiting for incoming payments from customers. The company is headquartered in Atlanta, Georgia, and employs over 1,000 employees. It also has offices in Kentucky, Arizona, Ohio, and Michigan. In 2018, GreenSky went public and raised over $800 million in its initial public offering. The company's stock is traded on the NASDAQ under the ticker symbol GSKY. In recent years, GreenSky has had both enthusiastic fans and critics. Some customers appreciate the easy application process and quick approval and funding options, while others complain about high interest rates and hidden fees. Despite this criticism, GreenSky has redefined and revolutionized the lending industry. The company utilizes technology to make the loan process easier and faster for both lenders and borrowers. Its collaboration with hundreds of banks and financial institutions also provides more competition and thus better prices for consumers. Answer: GreenSky Inc. is a FinTech company that offers home improvement loans and other loan products through partnerships with banks and financial institutions. It operates as a loan intermediary, simplifying the application and funding process for customers. The company has expanded into various sectors, including healthcare and small business lending. With its headquarters in Atlanta, Georgia, GreenSky has offices across several states. It went public in 2018 and has faced both positive and negative feedback from customers. Despite criticism, GreenSky has transformed the lending industry through technology and competition. GreenSky ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing GreenSky's Equity
GreenSky's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding GreenSky's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating GreenSky's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
GreenSky's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in GreenSky’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about GreenSky Stock
What was the equity of GreenSky compared to the previous year?
The equity of GreenSky has increased/decreased by 0% decreased compared to the previous year.
What impact does a high equity have on investors of GreenSky?
A high equity is advantageous for investors of GreenSky as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of GreenSky?
A low equity can be a risk for investors of GreenSky, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of GreenSky affect the company?
An increase in equity of GreenSky can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of GreenSky affect the company?
A reduction in equity of GreenSky can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of GreenSky?
Some factors that can affect the equity of GreenSky include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of GreenSky so important for investors?
The equity of GreenSky is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can GreenSky take to change the equity?
To change equity, GreenSky can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does GreenSky pay?
Over the past 12 months, GreenSky paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, GreenSky is expected to pay a dividend of 0 USD.
What is the dividend yield of GreenSky?
The current dividend yield of GreenSky is .
When does GreenSky pay dividends?
GreenSky pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of GreenSky?
GreenSky paid dividends every year for the past 0 years.
What is the dividend of GreenSky?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is GreenSky located?
GreenSky is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von GreenSky kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of GreenSky from 6/15/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/15/2024.
When did GreenSky pay the last dividend?
The last dividend was paid out on 6/15/2024.
What was the dividend of GreenSky in the year 2023?
In the year 2023, GreenSky distributed 0 USD as dividends.
In which currency does GreenSky pay out the dividend?
The dividends of GreenSky are distributed in USD.
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Andere Kennzahlen von GreenSky
Our stock analysis for GreenSky Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of GreenSky Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
