ThredUp Inc
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.
ThredUp Inc (TDUP) - Total Assets
Latest total assets as of September 2025: $172.47 Million USD
Based on the latest financial reports, ThredUp Inc (TDUP) holds total assets worth $172.47 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ThredUp Inc - Total Assets Trend (2018–2024)
This chart illustrates how ThredUp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ThredUp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
ThredUp Inc's total assets of $172.47 Million consist of 33.2% current assets and 66.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.6% |
| Accounts Receivable | $3.57 Million | 2.1% |
| Inventory | $690.00K | 0.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $10.75 Million | 6.3% |
Asset Composition Trend (2018–2024)
This chart illustrates how ThredUp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ThredUp Inc's current assets represent 33.2% of total assets in 2024, a decrease from 52.6% in 2018.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, up from 14.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 6.3% of total assets.
ThredUp Inc Competitors by Total Assets
Key competitors of ThredUp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lambo Group Bhd
KLSE:0018
|
Malaysia | RM182.69 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
China | CN¥3.51 Billion |
|
Interpark Co. Ltd
KQ:035080
|
Korea | ₩1.70 Trillion |
|
Oasis Home Holding Berhad
KLSE:0357
|
Malaysia | RM84.51 Million |
|
YES24 Co.Ltd
KQ:053280
|
Korea | ₩503.32 Billion |
|
Hyundai Home Shopping Network Corp
KO:057050
|
Korea | ₩5.06 Trillion |
|
Mister International Enterprise Corp.
TWO:2941
|
Taiwan | NT$631.99 Million |
|
H.H.Galaxy Co., Ltd.
TWO:2949
|
Taiwan | NT$2.47 Billion |
ThredUp Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - ThredUp Inc generates 1.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ThredUp Inc is currently not profitable relative to its asset base.
ThredUp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.96 | 1.20 |
| Quick Ratio | 0.92 | 0.86 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.03 Million | $ -3.04 Million | $ 12.60 Million |
ThredUp Inc - Advanced Valuation Insights
This section examines the relationship between ThredUp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.96 |
| Latest Market Cap to Assets Ratio | 2.03 |
| Asset Growth Rate (YoY) | -31.5% |
| Total Assets | $171.22 Million |
| Market Capitalization | $347.81 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ThredUp Inc's assets at a significant premium ( 2.03x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: ThredUp Inc's assets decreased by 31.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ThredUp Inc (2018–2024)
The table below shows the annual total assets of ThredUp Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $171.22 Million | -31.50% |
| 2023-12-31 | $249.97 Million | -17.22% |
| 2022-12-31 | $301.95 Million | -16.32% |
| 2021-12-31 | $360.83 Million | +152.48% |
| 2020-12-31 | $142.91 Million | +16.61% |
| 2019-12-31 | $122.56 Million | +159.46% |
| 2018-12-31 | $47.24 Million | -- |