UP Fintech Holding (UP Fintech Holding) Debt-to-EBITDA : 28.12 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is UP Fintech Holding Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

UP Fintech Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.1 Mil. UP Fintech Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $161.7 Mil. UP Fintech Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was $5.9 Mil. UP Fintech Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 28.12.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for UP Fintech Holding's Debt-to-EBITDA or its related term are showing as below:

TIGR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.62 Med: 4.65 Max: 37.52
Current: 5.05

During the past 8 years, the highest Debt-to-EBITDA Ratio of UP Fintech Holding was 37.52. The lowest was -0.62. And the median was 4.65.

TIGR's Debt-to-EBITDA is ranked worse than
75.24% of 412 companies
in the Capital Markets industry
Industry Median: 1.565 vs TIGR: 5.05

UP Fintech Holding Debt-to-EBITDA Historical Data

The historical data trend for UP Fintech Holding's Debt-to-EBITDA 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.

UP Fintech Holding Debt-to-EBITDA Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

-0.62

0.28

8.17

37.52

4.65

UP Fintech Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															7.32	3.49	4.09	4.47	28.12

Competitive Comparison of UP Fintech Holding's Debt-to-EBITDA

For the Capital Markets subindustry, UP Fintech Holding's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

UP Fintech Holding's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UP Fintech Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where UP Fintech Holding's Debt-to-EBITDA falls into.

UP Fintech Holding Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

UP Fintech Holding's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.134	+	161.665)	/	35.684
	=	4.65

UP Fintech Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.134	+	161.665)	/	5.896
	=	28.12

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

UP Fintech Holding (NAS:TIGR) Debt-to-EBITDA Explanation

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

UP Fintech Holding Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of UP Fintech Holding's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

UP Fintech Holding (UP Fintech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UP Fintech Holding Ltd (NAS:TIGR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TIGR:Mexico 0A32:UK 1M5:Germany

Address

No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.itiger.com

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.