Upstart Holdings Inc (UPST) — Net Asset Quality Index
Upstart Holdings Inc (UPST) has a Net Asset Quality Index of 26.9% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.97 Billion minus total liabilities of $2.18 Billion yields net assets of $798.82 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Upstart Holdings Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Upstart Holdings Inc Net Asset Quality Index Over Time (2018–2025)
This chart shows how Upstart Holdings Inc's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the index stands at 26.9%, representing net assets of $798.82 Million against total assets of $2.97 Billion USD. Explore cash efficiency ratio of Upstart Holdings Inc to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Upstart Holdings Inc (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Upstart Holdings Inc from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see UPST company net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 26.9% | $798.82 Million | $2.97 Billion | $2.18 Billion | ▲ +0.1 pp |
| 2024 | 26.8% | $633.22 Million | $2.37 Billion | $1.73 Billion | ▼ -4.7 pp |
| 2023 | 31.5% | $635.30 Million | $2.02 Billion | $1.38 Billion | ▼ -3.2 pp |
| 2022 | 34.7% | $672.43 Million | $1.94 Billion | $1.26 Billion | ▼ -9.6 pp |
| 2021 | 44.3% | $807.08 Million | $1.82 Billion | $1.01 Billion | ▼ -18.6 pp |
| 2020 | 62.9% | $300.25 Million | $477.25 Million | $177.00 Million | ▲ +78.6 pp |
| 2019 | -15.7% | $-61.69 Million | $393.46 Million | $455.15 Million | ▼ -31.7 pp |
| 2018 | 16.0% | $103.25 Million | $645.91 Million | $542.65 Million | — |