Upstart Holdings Inc (UPST) - Total Assets
Based on the latest financial reports, Upstart Holdings Inc (UPST) holds total assets worth $2.97 Billion USD as of December 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. Explore debt repayment capacity of Upstart Holdings Inc to assess how comfortably operating cash covers total debt obligations.
Upstart Holdings Inc - Total Assets Trend (2018–2025)
This chart illustrates how Upstart Holdings Inc's total assets have evolved over time, based on quarterly financial data. See UPST total equity for net asset value and shareholders' equity analysis.
Upstart Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Upstart Holdings Inc's total assets of $2.97 Billion consist of 23.3% current assets and 76.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.29 Million | 0.3% |
| Goodwill | $67.06 Million | 2.3% |
Asset Composition Trend (2018–2025)
This chart illustrates how Upstart Holdings 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. For live market cap, price, and company overview, see UPST stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Upstart Holdings Inc's current assets represent 23.3% of total assets in 2025, a decrease from 98.0% in 2018.
- Cash Position: Cash and equivalents constituted 21.9% of total assets in 2025, up from 11.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 2.3% of total assets.
Upstart Holdings Inc Competitors by Total Assets
Key competitors of Upstart Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SLM Corp
NASDAQ:SLM
|
USA | $29.41 Billion |
|
Capri Global Capital Limited
NSE:CGCL
|
India | Rs326.76 Billion |
|
ZIP Co Ltd
AU:ZIP
|
Australia | AU$3.50 Billion |
|
Beijing Cuiwei Tower Co Ltd
SHG:603123
|
China | CN¥6.14 Billion |
|
Direct Finance TA
TA:DIFI
|
Israel | ILA10.37 Billion |
|
Fusion Micro Finance Limited
NSE:FUSION
|
India | Rs82.95 Billion |
|
Michlol Finance Ltd
TA:MCLL
|
Israel | ILA2.13 Billion |
|
EN Shoham Business Ltd
TA:SHOM
|
Israel | ILA1.08 Billion |
Upstart Holdings 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 | 3.32 | 2.15 | 3.74 |
| Quick Ratio | 3.32 | 2.15 | 3.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $531.38 Million | $298.28 Million | $216.43 Million |
Upstart Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Upstart Holdings 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 | 3.77 |
| Latest Market Cap to Assets Ratio | 0.90 |
| Asset Growth Rate (YoY) | 25.7% |
| Total Assets | $2.97 Billion |
| Market Capitalization | $2.69 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Upstart Holdings Inc's assets close to their book value (0.90x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Upstart Holdings Inc's assets grew by 25.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Upstart Holdings Inc (2018–2025)
The table below shows the annual total assets of Upstart Holdings Inc from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.97 Billion | +25.68% |
| 2024-12-31 | $2.37 Billion | +17.34% |
| 2023-12-31 | $2.02 Billion | +4.19% |
| 2022-12-31 | $1.94 Billion | +6.35% |
| 2021-12-31 | $1.82 Billion | +281.44% |
| 2020-12-31 | $477.25 Million | +21.30% |
| 2019-12-31 | $393.46 Million | -39.08% |
| 2018-12-31 | $645.91 Million | -- |
About Upstart Holdings Inc
Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company operates through three segments: Personal Lending, Auto Lending, and Other. Its platform includes unsecured personal loans, small dollar loans, auto refinance, auto retail loans, and auto secured personal loan, and home equity lines of cred… Read more