ThredUp Net Debt vs Total Current Assets Analysis

TDUP Stock

USD 8.26 0.73 9.69%

ThredUp financial indicator trend analysis is much more than just breaking down ThredUp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ThredUp is a good investment. Please check the relationship between ThredUp Net Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThredUp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ThredUp Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between ThredUp's Net Debt and Total Current Assets is 0.04. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of ThredUp, assuming nothing else is changed. The correlation between historical values of ThredUp's Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ThredUp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., ThredUp's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from ThredUp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ThredUp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThredUp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.As of 08/01/2025, Tax Provision is likely to grow to about 34.4 K, while Selling General Administrative is likely to drop slightly above 46.8 M.

	2022	2023	2024	2025 (projected)
Interest Expense	805K	2.2M	2.5M	1.7M
Depreciation And Amortization	20.5M	18.7M	21.9M	14.5M

Interest Expense Depreciation And Amortization

ThredUp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.95	0.76	0.98	0.68	0.67	0.87	0.91	0.92	0.29	-0.75	0.48	0.76	0.94	0.94	0.67	0.88	0.82	0.82	0.75	0.42	0.46	0.9	0.85	0.63	0.94
Short Long Term Debt Total	0.95		0.78	0.99	0.68	0.82	0.83	0.97	0.97	0.44	-0.84	0.55	0.69	0.97	0.87	0.47	0.73	0.83	0.88	0.57	0.33	0.41	0.94	0.9	0.55	0.81
Other Current Liab	0.76	0.78		0.77	0.66	0.79	0.94	0.83	0.81	0.53	-0.9	0.11	0.39	0.85	0.88	0.45	0.51	0.74	0.84	0.49	0.13	0.19	0.91	0.71	0.32	0.59
Total Current Liabilities	0.98	0.99	0.77		0.67	0.75	0.85	0.94	0.96	0.35	-0.8	0.55	0.76	0.96	0.9	0.57	0.81	0.83	0.87	0.66	0.39	0.41	0.93	0.9	0.61	0.89
Total Stockholder Equity	0.68	0.68	0.66	0.67		0.45	0.72	0.68	0.57	0.71	-0.48	0.02	0.13	0.71	0.78	0.61	0.52	0.49	0.38	0.74	-0.38	0.51	0.73	0.32	-0.13	0.57
Other Liab	0.67	0.82	0.79	0.75	0.45		0.78	0.87	0.84	0.63	-0.97	0.28	0.38	0.83	0.63	0.01	0.26	0.74	0.89	0.13	0.21	0.11	0.8	0.79	0.37	0.43
Net Tangible Assets	0.87	0.83	0.94	0.85	0.72	0.78		0.88	0.84	0.55	-0.88	0.09	0.45	0.9	0.94	0.53	0.61	0.81	0.83	0.62	0.18	0.32	0.89	0.71	0.38	0.73
Property Plant And Equipment Net	0.91	0.97	0.83	0.94	0.68	0.87	0.88		0.96	0.55	-0.88	0.37	0.58	1.0	0.86	0.35	0.62	0.89	0.88	0.51	0.29	0.49	0.91	0.86	0.51	0.72
Current Deferred Revenue	0.92	0.97	0.81	0.96	0.57	0.84	0.84	0.96		0.41	-0.86	0.5	0.69	0.96	0.85	0.4	0.71	0.79	0.92	0.54	0.44	0.34	0.93	0.93	0.64	0.79
Net Debt	0.29	0.44	0.53	0.35	0.71	0.63	0.55	0.55	0.41		-0.54	-0.31	-0.33	0.53	0.39	-0.08	-0.1	0.33	0.29	0.18	-0.55	0.32	0.48	0.12	-0.38	0.04
Retained Earnings	-0.75	-0.84	-0.9	-0.8	-0.48	-0.97	-0.88	-0.88	-0.86	-0.54		-0.27	-0.47	-0.87	-0.75	-0.19	-0.39	-0.81	-0.95	-0.25	-0.29	-0.1	-0.86	-0.83	-0.45	-0.54
Accounts Payable	0.48	0.55	0.11	0.55	0.02	0.28	0.09	0.37	0.5	-0.31	-0.27		0.82	0.35	0.25	0.3	0.56	0.27	0.5	0.16	0.55	-0.11	0.44	0.69	0.63	0.54
Cash	0.76	0.69	0.39	0.76	0.13	0.38	0.45	0.58	0.69	-0.33	-0.47	0.82		0.59	0.59	0.55	0.83	0.61	0.71	0.44	0.8	0.13	0.6	0.85	0.9	0.83
Non Current Assets Total	0.94	0.97	0.85	0.96	0.71	0.83	0.9	1.0	0.96	0.53	-0.87	0.35	0.59		0.9	0.43	0.68	0.89	0.87	0.58	0.28	0.51	0.92	0.85	0.51	0.77
Non Currrent Assets Other	0.94	0.87	0.88	0.9	0.78	0.63	0.94	0.86	0.85	0.39	-0.75	0.25	0.59	0.9		0.74	0.82	0.77	0.77	0.81	0.23	0.4	0.92	0.73	0.45	0.87
Other Assets	0.67	0.47	0.45	0.57	0.61	0.01	0.53	0.35	0.4	-0.08	-0.19	0.3	0.55	0.43	0.74		0.86	0.3	0.31	0.89	0.13	0.2	0.57	0.35	0.28	0.81
Cash And Short Term Investments	0.88	0.73	0.51	0.81	0.52	0.26	0.61	0.62	0.71	-0.1	-0.39	0.56	0.83	0.68	0.82	0.86		0.55	0.58	0.86	0.5	0.38	0.71	0.69	0.67	0.97
Net Receivables	0.82	0.83	0.74	0.83	0.49	0.74	0.81	0.89	0.79	0.33	-0.81	0.27	0.61	0.89	0.77	0.3	0.55		0.82	0.35	0.41	0.54	0.72	0.79	0.58	0.65
Common Stock Shares Outstanding	0.82	0.88	0.84	0.87	0.38	0.89	0.83	0.88	0.92	0.29	-0.95	0.5	0.71	0.87	0.77	0.31	0.58	0.82		0.32	0.53	0.08	0.88	0.96	0.68	0.69
Short Term Investments	0.75	0.57	0.49	0.66	0.74	0.13	0.62	0.51	0.54	0.18	-0.25	0.16	0.44	0.58	0.81	0.89	0.86	0.35	0.32		0.09	0.47	0.62	0.36	0.27	0.83
Non Current Liabilities Total	0.42	0.33	0.13	0.39	-0.38	0.21	0.18	0.29	0.44	-0.55	-0.29	0.55	0.8	0.28	0.23	0.13	0.5	0.41	0.53	0.09		0.0	0.21	0.65	0.96	0.49
Inventory	0.46	0.41	0.19	0.41	0.51	0.11	0.32	0.49	0.34	0.32	-0.1	-0.11	0.13	0.51	0.4	0.2	0.38	0.54	0.08	0.47	0.0		0.22	0.15	0.14	0.35
Other Current Assets	0.9	0.94	0.91	0.93	0.73	0.8	0.89	0.91	0.93	0.48	-0.86	0.44	0.6	0.92	0.92	0.57	0.71	0.72	0.88	0.62	0.21	0.22		0.84	0.44	0.78
Other Stockholder Equity	0.85	0.9	0.71	0.9	0.32	0.79	0.71	0.86	0.93	0.12	-0.83	0.69	0.85	0.85	0.73	0.35	0.69	0.79	0.96	0.36	0.65	0.15	0.84		0.81	0.76
Total Liab	0.63	0.55	0.32	0.61	-0.13	0.37	0.38	0.51	0.64	-0.38	-0.45	0.63	0.9	0.51	0.45	0.28	0.67	0.58	0.68	0.27	0.96	0.14	0.44	0.81		0.67
Total Current Assets	0.94	0.81	0.59	0.89	0.57	0.43	0.73	0.72	0.79	0.04	-0.54	0.54	0.83	0.77	0.87	0.81	0.97	0.65	0.69	0.83	0.49	0.35	0.78	0.76	0.67

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ThredUp Account Relationship Matchups

ThredUp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	142.9M	360.8M	301.9M	250.0M	171.2M	219.5M
Short Long Term Debt Total	59.7M	76.3M	84.8M	76.4M	58.8M	60.1M
Other Current Liab	13.5M	35.6M	29.9M	34.7M	46.7M	29.5M
Total Current Liabilities	62.6M	89.4M	84.4M	76.7M	61.5M	70.4M
Total Stockholder Equity	25.7M	205.7M	140.0M	103.9M	56.3M	56.5M
Other Liab	712K	1.9M	1.1M	3.0M	3.5M	3.6M
Net Tangible Assets	(183.2M)	(222.2M)	179.6M	117.9M	135.6M	142.4M
Property Plant And Equipment Net	64.8M	94.8M	138.6M	129.8M	97.3M	89.9M
Current Deferred Revenue	14.5M	19.1M	25.7M	17.8M	20.5M	16.7M
Net Debt	(4.8M)	(8.3M)	46.8M	20.3M	27.0M	28.3M
Retained Earnings	(252.2M)	(315.3M)	(407.6M)	(478.9M)	(555.9M)	(528.1M)
Accounts Payable	23.1M	13.3M	7.8M	9.5M	8.3M	9.3M
Cash	64.5M	84.6M	38.0M	56.1M	31.9M	42.0M
Non Current Assets Total	67.8M	132.4M	167.8M	156.1M	114.3M	108.2M
Non Currrent Assets Other	275K	11.5M	7.0M	6.2M	6.2M	5.0M
Other Assets	2.1M	3.0M	132.4M	7.0M	8.0M	7.6M
Cash And Short Term Investments	64.5M	205.8M	104.9M	64.2M	44.2M	42.0M
Net Receivables	1.8M	4.1M	4.7M	7.8M	3.6M	4.1M
Common Stock Shares Outstanding	92.7M	98.4M	99.8M	104.9M	112.0M	106.8M
Liabilities And Stockholders Equity	142.9M	360.8M	301.9M	250.0M	171.2M	219.5M
Non Current Liabilities Total	54.7M	65.7M	77.5M	69.4M	53.4M	67.3M
Inventory	3.5M	9.8M	17.5M	15.7M	690K	655.5K
Other Current Assets	5.3M	8.6M	7.1M	6.2M	8.5M	6.3M
Other Stockholder Equity	524.9M	522.2M	551.9M	585.2M	612.1M	522.1M
Total Liab	117.2M	155.1M	161.9M	146.1M	114.9M	118.6M
Total Current Assets	75.2M	228.4M	134.2M	93.9M	56.9M	111.2M
Accumulated Other Comprehensive Income	(247.0M)	(1.1M)	(4.2M)	(2.4M)	3K	3.2K
Short Term Debt	6.9M	15.6M	16.7M	9.8M	3.9M	3.7M
Property Plant Equipment	26.1M	64.8M	94.8M	92.5M	106.4M	65.8M
Long Term Debt	31.2M	27.6M	25.8M	22.0M	18.2M	18.6M
Capital Lease Obligations	25.2M	40.9M	55.1M	50.6M	36.8M	38.3M
Net Invested Capital	60.1M	241.1M	169.7M	129.8M	78.3M	94.0M
Property Plant And Equipment Gross	64.8M	55.5M	138.6M	177.7M	158.5M	113.9M
Short Long Term Debt	3.3M	7.8M	3.9M	3.8M	3.9M	4.6M
Non Current Liabilities Other	1.9M	1.1M	51.7M	2.8M	2.8M	2.6M
Net Working Capital	12.6M	139M	49.8M	17.2M	(4.6M)	(4.4M)

Pair Trading with ThredUp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ThredUp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ThredUp will appreciate offsetting losses from the drop in the long position's value.

Moving together with ThredUp Stock

0.8	FL	Foot Locker	Pair Corr
0.78	JL	J Long Group	Pair Corr

Moving against ThredUp Stock

0.49	BGI	Birks Group	Pair Corr
0.4	CAL	Continental	Pair Corr

The ability to find closely correlated positions to ThredUp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ThredUp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ThredUp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ThredUp to buy it.

The correlation of ThredUp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ThredUp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ThredUp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ThredUp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for ThredUp Stock Analysis

When running ThredUp's price analysis, check to measure ThredUp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ThredUp is operating at the current time. Most of ThredUp's value examination focuses on studying past and present price action to predict the probability of ThredUp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThredUp's price. Additionally, you may evaluate how the addition of ThredUp to your portfolios can decrease your overall portfolio volatility.

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