Upstart Holdings (Upstart Holdings) Debt-to-Equity : 1.74 (As of Dec. 2023)

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What is Upstart Holdings Debt-to-Equity?

Upstart Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $387.4 Mil. Upstart Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $715.3 Mil. Upstart Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $635.3 Mil. Upstart Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Upstart Holdings's Debt-to-Equity or its related term are showing as below:

UPST' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.16 Med: 0.63 Max: 1.74
Current: 1.74

During the past 7 years, the highest Debt-to-Equity Ratio of Upstart Holdings was 1.74. The lowest was -2.16. And the median was 0.63.

UPST's Debt-to-Equity is ranked worse than
59.07% of 430 companies
in the Credit Services industry
Industry Median: 1.185 vs UPST: 1.74

Upstart Holdings Debt-to-Equity Historical Data

The historical data trend for Upstart Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Upstart Holdings Debt-to-Equity Chart

Upstart Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-2.16

0.27

0.99

1.62

1.74

Upstart Holdings Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.62	1.75	1.61	1.71	1.74

Competitive Comparison of Upstart Holdings's Debt-to-Equity

For the Credit Services subindustry, Upstart Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Upstart Holdings's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Upstart Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Upstart Holdings's Debt-to-Equity falls into.

Upstart Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Upstart Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(387.425	+	715.323)	/	635.305
	=	1.74

Upstart Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(387.425	+	715.323)	/	635.305
	=	1.74

Upstart Holdings (NAS:UPST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Upstart Holdings Debt-to-Equity Related Terms

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Upstart Holdings (Upstart Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Upstart Holdings Inc (NAS:UPST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UPST:Mexico 855:Germany 855:Germany

Address

2950 S. Delaware Street, Suite 300, San Mateo, CA, USA, 94403

Website

https://www.upstart.com

Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The revenue of the company comprised of fees paid by banks.

Executives

Sanjay Datta	officer: Chief Financial Officer	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Scott Darling	officer: Chief Legal Officer	C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Paul Gu	director, officer: SVP, Product and Data Science	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Natalia Mirgorodskaya	officer: Corporate Controller	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Dave Girouard	director, 10 percent owner, officer: Chief Executive Officer	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Kerry Whorton Cooper	director	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Alison Nicoll	officer: General Counsel	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Daniel S Loeb	10 percent owner, other: See Footnote (1)	THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Third Point Llc	10 percent owner	55 HUDSON YARDS, NEW YORK NY 10001
Cassidy Sukhinder Singh	director	C/O URBAN OUTFITTERS INC, 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Mary Hentges	director	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Anna M. Counselman	officer: SVP, People and Operations	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 300, SAN MATEO CA 94403
Jeff Huber	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robert S Schwartz	director	C/O THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022