TIGR Historical Balance Sheet
| TIGR Stock | USD 5.79 0.02 0.35% |
Trend analysis of Up Fintech Holding balance sheet accounts such as Cash of 338.7 M, Other Current Assets of 1.7 B, Total Liabilities of 3.4 B or Preferred Stock Total Equity of 0.0 provides information on Up Fintech's total assets, liabilities, and equity, which is the actual value of Up Fintech Holding to its prevalent stockholders. By breaking down trends over time using Up Fintech balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Up Fintech Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Up Fintech Holding is a good buy for the upcoming year.
Up Fintech Inventory |
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TIGR |
About TIGR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Up Fintech Holding at a specified time, usually calculated after every quarter, six months, or one year. Up Fintech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Up Fintech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TIGR currently owns. An asset can also be divided into two categories, current and non-current.
Up Fintech Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Up Fintech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Up Fintech Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most accounts from Up Fintech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Up Fintech Holding current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Up Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Up Fintech's Property Plant Equipment is relatively stable compared to the past year. As of 11/30/2024, Total Stockholder Equity is likely to grow to about 513.4 M, while Common Stock is likely to drop slightly above 22.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Accounts Payable | 2.5B | 3.1B | 3.0B | 3.2B | Total Current Liabilities | 2.7B | 3.2B | 3.1B | 3.2B |
Up Fintech balance sheet Correlations
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Up Fintech Account Relationship Matchups
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Up Fintech balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 809.1M | 2.2B | 3.3B | 3.8B | 3.7B | 3.9B | |
| Other Current Liab | 526.0M | 240.3M | (2.5B) | 26.9M | 41.8M | 43.9M | |
| Total Current Liabilities | 584.5M | 2.0B | 2.7B | 3.2B | 3.1B | 3.2B | |
| Accounts Payable | 55.1M | 1.7B | 2.5B | 3.1B | 3.0B | 3.2B | |
| Cash | 59.4M | 79.7M | 269.1M | 277.7M | 322.6M | 338.7M | |
| Inventory | 317.9M | 867.9M | 1.4B | (2.8T) | (3.4B) | (3.5B) | |
| Other Current Assets | 10.8M | 872.2M | 1.4B | 1.7B | 1.6B | 1.7B | |
| Total Liab | 597.1M | 2.0B | 2.9B | 3.4B | 3.3B | 3.4B | |
| Common Stock | 21.1K | 21.3K | 22.8K | 23.2K | 23.5K | 22.3K | |
| Property Plant Equipment | 7.2M | 8.9M | 20.6M | 30.5M | 35.0M | 36.8M | |
| Total Stockholder Equity | 211.9M | 235.7M | 446.6M | 447.1M | 489.0M | 513.4M | |
| Other Assets | 15.6M | 14.2M | 17.2M | 17.9M | 3.7B | 3.9B | |
| Intangible Assets | 8.1M | 8.1M | 8.9M | 10.2M | 11.2M | 15.8M | |
| Other Liab | 3.0M | 1.6M | 2.9M | 2.4M | 2.8M | 3.0M | |
| Net Tangible Assets | 201.4M | 225.2M | 444.1M | 444.6M | 511.3M | 536.9M | |
| Retained Earnings | (73.0M) | (59.6M) | (45.8M) | (50.4M) | (19.6M) | (20.6M) | |
| Net Receivables | 303.9M | 1.2B | 1.5B | 1.6B | 1.3B | 822.0M | |
| Common Stock Shares Outstanding | 141.0M | 144.1M | 155.7M | 153.0M | 161.8M | 151.8M | |
| Short Term Investments | 80.5M | 19.3M | 6.9M | 163.5M | 429.1M | 450.5M | |
| Other Stockholder Equity | 285.8M | 289.7M | 482.2M | 493.5M | 503.3M | 310.2M | |
| Long Term Investments | 6.0M | 6.5M | 9.8M | 7.9M | 11.8M | 6.4M | |
| Total Current Assets | 772.5M | 2.2B | 3.3B | 3.7B | 3.7B | 1.9B | |
| Accumulated Other Comprehensive Income | (866.4K) | 5.6M | 10.2M | 3.9M | 5.3M | 3.3M | |
| Short Term Debt | 2.4M | 3.5M | 5.2M | 5.5M | 4.1M | 2.9M | |
| Property Plant And Equipment Net | 15.3M | 17.0M | 20.6M | 30.5M | 14.3M | 15.7M | |
| Net Debt | (53.6M) | (72.4M) | (114.5M) | (263.8M) | (156.8M) | (164.6M) | |
| Non Current Assets Total | 36.5M | 41.5M | 50.1M | 58.8M | 56.1M | 41.4M | |
| Non Currrent Assets Other | 3.0M | 4.3M | 5.0M | 4.8M | 5.3M | 4.9M | |
| Cash And Short Term Investments | 139.9M | 98.9M | 276.0M | 441.1M | 751.7M | 789.2M | |
| Liabilities And Stockholders Equity | 809.1M | 2.2B | 3.3B | 3.8B | 3.7B | 2.2B | |
| Non Current Liabilities Total | 12.6M | 6.7M | 154.9M | 169.8M | 171.8M | 88.2M | |
| Net Invested Capital | 211.9M | 235.7M | 595.5M | 447.1M | 645.9M | 348.7M | |
| Property Plant And Equipment Gross | 7.2M | 8.9M | 20.6M | 30.5M | 20.8M | 14.2M | |
| Net Working Capital | 182.2M | 200.9M | 551.3M | 558.0M | 604.4M | 346.2M | |
| Current Deferred Revenue | 992.2K | 844.6K | 1.2M | 1.8M | 4.2M | 4.5M | |
| Capital Stock | 21.1K | 21.3K | 22.8K | 23.2K | 23.5K | 23.8K |
Pair Trading with Up Fintech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Up Fintech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Up Fintech will appreciate offsetting losses from the drop in the long position's value.Moving against TIGR Stock
| 0.6 | RC | Ready Capital Corp | PairCorr |
| 0.57 | PT | Pintec Technology | PairCorr |
| 0.57 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.55 | TETEW | Technology Telecommunicatio | PairCorr |
The ability to find closely correlated positions to Up Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Up Fintech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Up Fintech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Up Fintech Holding to buy it.
The correlation of Up Fintech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Up Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Up Fintech Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Up Fintech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TIGR Stock Analysis
When running Up Fintech's price analysis, check to measure Up Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Up Fintech is operating at the current time. Most of Up Fintech's value examination focuses on studying past and present price action to predict the probability of Up Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Up Fintech's price. Additionally, you may evaluate how the addition of Up Fintech to your portfolios can decrease your overall portfolio volatility.