Upstart Depreciation vs Other Non Cash Items Analysis
UPST Stock | USD 74.06 2.63 3.68% |
Upstart Holdings financial indicator trend analysis is much more than just breaking down Upstart Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upstart Holdings is a good investment. Please check the relationship between Upstart Holdings Depreciation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upstart Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upstart Holdings Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Upstart Holdings' Depreciation and Other Non Cash Items is 0.12. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Upstart Holdings, assuming nothing else is changed. The correlation between historical values of Upstart Holdings' Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Upstart Holdings are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Upstart Holdings' Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Upstart Holdings value has been used up. For tax purposes Upstart Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, Upstart Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Other Non Cash Items
Most indicators from Upstart Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upstart Holdings 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 Upstart Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.Sales General And Administrative To Revenue is likely to gain to 0.43 in 2024, whereas Tax Provision is likely to drop (441 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 50.6M | 105.6M | 156.2M | 164.0M | Net Interest Income | 47.3M | 94.7M | 130.9M | 137.4M |
Upstart Holdings fundamental ratios Correlations
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Upstart Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Upstart Stock Analysis
When running Upstart Holdings' price analysis, check to measure Upstart Holdings' 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 Upstart Holdings is operating at the current time. Most of Upstart Holdings' value examination focuses on studying past and present price action to predict the probability of Upstart Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Upstart Holdings' price. Additionally, you may evaluate how the addition of Upstart Holdings to your portfolios can decrease your overall portfolio volatility.