TIGR Net Debt vs Total Liab 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 Net Debt and its Total Liab 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.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Up Fintech Holding Net Debt account and Total Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Up Fintech's Net Debt and Total Liab is -0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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 Net Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Up Fintech Holding are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Up Fintech's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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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