UP Fintech Holding (UP Fintech Holding) Equity-to-Asset : 0.13 (As of Dec. 2023)

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What is UP Fintech Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. UP Fintech Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $489.0 Mil. UP Fintech Holding's Total Assets for the quarter that ended in Dec. 2023 was $3,746.0 Mil. Therefore, UP Fintech Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

TIGR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.41 Med: 0.12 Max: 0.26
Current: 0.13

During the past 8 years, the highest Equity to Asset Ratio of UP Fintech Holding was 0.26. The lowest was -0.41. And the median was 0.12.

TIGR's Equity-to-Asset is ranked worse than
83.6% of 805 companies
in the Capital Markets industry
Industry Median: 0.5 vs TIGR: 0.13

UP Fintech Holding Equity-to-Asset Historical Data

The historical data trend for UP Fintech Holding's Equity-to-Asset 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 Equity-to-Asset Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.26

0.11

0.13

0.12

0.13

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
Equity-to-Asset	Get a 7-Day Free Trial															0.12	0.12	0.13	0.14	0.13

Competitive Comparison of UP Fintech Holding's Equity-to-Asset

For the Capital Markets subindustry, UP Fintech Holding's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Capital Markets Industry

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

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

UP Fintech Holding Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

UP Fintech Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	488.976	/	3746.047
	=	0.13

UP Fintech Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	488.976	/	3746.047
	=	0.13

UP Fintech Holding (NAS:TIGR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

UP Fintech Holding Equity-to-Asset Related Terms

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UP Fintech Holding (UP Fintech Holding) Business Description

Industry

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

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.