UP Fintech Holding (UP Fintech Holding) Total Current Assets : $3,690.0 Mil (As of Dec. 2023)

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What is UP Fintech Holding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. UP Fintech Holding's total current assets for the quarter that ended in Dec. 2023 was $3,690.0 Mil.

UP Fintech Holding Total Current Assets Historical Data

The historical data trend for UP Fintech Holding's Total Current Assets 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.

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UP Fintech Holding Total Current Assets Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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769.75

2,152.22

3,271.27

3,738.58

3,689.97

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
Total Current Assets	Get a 7-Day Free Trial															3,738.58	3,787.04	3,689.90	3,430.22	3,689.97

UP Fintech Holding Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

UP Fintech Holding's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	751.656	+	1308.938	+	0	+	1629.378
	=	3,690.0

UP Fintech Holding's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	751.656	+	1308.938	+	0	+	1629.378
	=	3,690.0

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

UP Fintech Holding (NAS:TIGR) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

UP Fintech Holding's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	751.656	-	3257.332	+	0.75 * 753.361	+	0.5 * 0
=	-1,940.7

UP Fintech Holding Total Current Assets 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 » Total Current Assets

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.