TIGR Long Term Debt vs Long Term Investments Analysis

TIGR Stock

USD 5.55 0.05 0.89%

Up Fintech financial indicator trend analysis is much more than just breaking down Up Fintech Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Up Fintech Holding is a good investment. Please check the relationship between Up Fintech Long Term Debt and its Long Term Investments accounts. 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.

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Up Fintech Holding Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Up Fintech's Long Term Debt and Long Term Investments is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Up Fintech Holding, assuming nothing else is changed. The correlation between historical values of Up Fintech's Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Up Fintech Holding are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Up Fintech's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Up Fintech Holding has held for over one year. Long-term debt appears on Up Fintech Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Up Fintech Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Investments

Long Term Investments is an item on the asset side of Up Fintech balance sheet that represents investments Up Fintech Holding intends to hold for over a year. Up Fintech Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Up Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is relatively stable compared to the past year. As of 11/23/2024, Tax Provision is likely to grow to about 13.6 M, while Issuance Of Capital Stock is likely to drop 0.00.

Up Fintech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Total Stockholder Equity	Other Assets	Long Term Debt	Good Will	Intangible Assets	Other Liab	Net Tangible Assets	Retained Earnings	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Long Term Investments	Total Current Assets	Property Plant And Equipment Net	Net Debt
Total Assets		-0.32	1.0	0.99	0.97	-0.43	0.99	1.0	-0.54	0.97	0.98	0.65	0.91	-0.36	-0.09	0.88	0.99	-0.27	0.94	0.92	0.76	0.93	0.91	0.67	0.89	-0.93
Other Current Liab	-0.32		-0.31	-0.31	-0.35	-0.05	-0.35	-0.32	0.12	-0.2	-0.32	0.09	-0.19	0.08	0.04	-0.26	-0.32	0.04	-0.42	-0.28	0.14	-0.35	-0.33	-0.5	-0.26	0.16
Total Current Liabilities	1.0	-0.31		0.99	0.97	-0.44	0.99	1.0	-0.54	0.96	0.98	0.64	0.91	-0.36	-0.08	0.87	0.98	-0.27	0.94	0.91	0.75	0.92	0.9	0.68	0.89	-0.92
Accounts Payable	0.99	-0.31	0.99		0.97	-0.45	1.0	1.0	-0.51	0.97	0.96	0.66	0.86	-0.34	-0.07	0.82	0.97	-0.19	0.93	0.88	0.76	0.89	0.87	0.65	0.85	-0.93
Cash	0.97	-0.35	0.97	0.97		-0.38	0.97	0.97	-0.51	0.99	0.98	0.73	0.84	-0.36	-0.09	0.86	0.98	-0.17	0.86	0.88	0.82	0.89	0.88	0.56	0.81	-0.91
Inventory	-0.43	-0.05	-0.44	-0.45	-0.38		-0.45	-0.44	0.2	-0.42	-0.38	0.1	-0.33	0.13	0.05	-0.28	-0.37	0.25	-0.5	-0.33	-0.15	-0.45	-0.29	-0.66	-0.63	0.72
Other Current Assets	0.99	-0.35	0.99	1.0	0.97	-0.45		0.99	-0.5	0.96	0.96	0.65	0.85	-0.34	-0.07	0.82	0.97	-0.19	0.93	0.88	0.75	0.89	0.87	0.66	0.85	-0.92
Total Liab	1.0	-0.32	1.0	1.0	0.97	-0.44	0.99		-0.54	0.97	0.98	0.64	0.9	-0.36	-0.08	0.87	0.98	-0.26	0.94	0.91	0.75	0.92	0.9	0.68	0.89	-0.93
Common Stock	-0.54	0.12	-0.54	-0.51	-0.51	0.2	-0.5	-0.54		-0.5	-0.56	-0.29	-0.6	0.62	0.4	-0.55	-0.53	0.55	-0.53	-0.66	-0.39	-0.61	-0.64	-0.42	-0.56	0.5
Property Plant Equipment	0.97	-0.2	0.96	0.97	0.99	-0.42	0.96	0.97	-0.5		0.97	0.77	0.85	-0.34	-0.05	0.85	0.97	-0.15	0.84	0.87	0.88	0.87	0.86	0.51	0.8	-0.92
Total Stockholder Equity	0.98	-0.32	0.98	0.96	0.98	-0.38	0.96	0.98	-0.56	0.97		0.67	0.92	-0.36	-0.07	0.93	0.99	-0.34	0.91	0.95	0.78	0.95	0.92	0.63	0.88	-0.9
Other Assets	0.65	0.09	0.64	0.66	0.73	0.1	0.65	0.64	-0.29	0.77	0.67		0.52	-0.2	0.03	0.55	0.69	0.2	0.38	0.56	0.96	0.47	0.54	-0.13	0.29	-0.51
Long Term Debt	0.91	-0.19	0.91	0.86	0.84	-0.33	0.85	0.9	-0.6	0.85	0.92	0.52		-0.37	-0.09	0.97	0.92	-0.51	0.88	0.94	0.65	0.92	0.92	0.68	0.92	-0.81
Good Will	-0.36	0.08	-0.36	-0.34	-0.36	0.13	-0.34	-0.36	0.62	-0.34	-0.36	-0.2	-0.37		0.94	-0.36	-0.35	0.4	-0.36	-0.46	-0.27	-0.41	-0.45	-0.28	-0.37	0.34
Intangible Assets	-0.09	0.04	-0.08	-0.07	-0.09	0.05	-0.07	-0.08	0.4	-0.05	-0.07	0.03	-0.09	0.94		-0.09	-0.07	0.32	-0.12	-0.19	-0.01	-0.16	-0.2	-0.14	-0.14	0.09
Other Liab	0.88	-0.26	0.87	0.82	0.86	-0.28	0.82	0.87	-0.55	0.85	0.93	0.55	0.97	-0.36	-0.09		0.93	-0.47	0.83	0.92	0.68	0.91	0.91	0.61	0.88	-0.79
Net Tangible Assets	0.99	-0.32	0.98	0.97	0.98	-0.37	0.97	0.98	-0.53	0.97	0.99	0.69	0.92	-0.35	-0.07	0.93		-0.24	0.9	0.91	0.79	0.92	0.91	0.61	0.87	-0.9
Retained Earnings	-0.27	0.04	-0.27	-0.19	-0.17	0.25	-0.19	-0.26	0.55	-0.15	-0.34	0.2	-0.51	0.4	0.32	-0.47	-0.24		-0.4	-0.57	0.03	-0.52	-0.48	-0.55	-0.55	0.3
Net Receivables	0.94	-0.42	0.94	0.93	0.86	-0.5	0.93	0.94	-0.53	0.84	0.91	0.38	0.88	-0.36	-0.12	0.83	0.9	-0.4		0.9	0.52	0.95	0.92	0.85	0.93	-0.88
Common Stock Shares Outstanding	0.92	-0.28	0.91	0.88	0.88	-0.33	0.88	0.91	-0.66	0.87	0.95	0.56	0.94	-0.46	-0.19	0.92	0.91	-0.57	0.9		0.69	0.97	0.96	0.66	0.88	-0.83
Short Term Investments	0.76	0.14	0.75	0.76	0.82	-0.15	0.75	0.75	-0.39	0.88	0.78	0.96	0.65	-0.27	-0.01	0.68	0.79	0.03	0.52	0.69		0.62	0.66	0.06	0.49	-0.7
Other Stockholder Equity	0.93	-0.35	0.92	0.89	0.89	-0.45	0.89	0.92	-0.61	0.87	0.95	0.47	0.92	-0.41	-0.16	0.91	0.92	-0.52	0.95	0.97	0.62		0.97	0.75	0.92	-0.88
Long Term Investments	0.91	-0.33	0.9	0.87	0.88	-0.29	0.87	0.9	-0.64	0.86	0.92	0.54	0.92	-0.45	-0.2	0.91	0.91	-0.48	0.92	0.96	0.66	0.97		0.66	0.86	-0.8
Total Current Assets	0.67	-0.5	0.68	0.65	0.56	-0.66	0.66	0.68	-0.42	0.51	0.63	-0.13	0.68	-0.28	-0.14	0.61	0.61	-0.55	0.85	0.66	0.06	0.75	0.66		0.87	-0.71
Property Plant And Equipment Net	0.89	-0.26	0.89	0.85	0.81	-0.63	0.85	0.89	-0.56	0.8	0.88	0.29	0.92	-0.37	-0.14	0.88	0.87	-0.55	0.93	0.88	0.49	0.92	0.86	0.87		-0.9
Net Debt	-0.93	0.16	-0.92	-0.93	-0.91	0.72	-0.92	-0.93	0.5	-0.92	-0.9	-0.51	-0.81	0.34	0.09	-0.79	-0.9	0.3	-0.88	-0.83	-0.7	-0.88	-0.8	-0.71	-0.9

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Up Fintech Account Relationship Matchups

Up Fintech fundamental ratios 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	322.6M	306.5M
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	3.4B	3.6B
Non Currrent Assets Other	3.0M	4.3M	5.0M	4.8M	3.4B	3.5B
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

0.64	PT	Pintec Technology	Pair Corr
0.42	RM	Regional Management Corp	Pair Corr
0.42	XP	Xp Inc	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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