$SoFi Technologies Inc.(SOFI)$

2023-12-15

$SoFi Technologies Inc.(SOFI)$ 🚀 Is there a silver lining to SOFI hitting their capital ratios in 2024?

Yes. It means SoFi is going to "pay off" $4B of "debt" next year. This will vastly improve their valuation multiples. Let me explain:

SoFi's debt includes about $4B in warehouse facilities. These are lines of credit they have from other banks that they use to fund loans. It's one of the three funding sources they use for their loans, which are warehouse facilities, deposits, and their own capital.

Is Meme Mania Brewing Again?

The broader market took continued rally after FOMC released dovish signals last week, with the major index DJI and SPX hitting new highs. It seems that US stock market starts an unstoppable rally. Generally, meme stocks may skyrocket in a bull market. ------------ Is meme mania brewing again? Which meme stocks will you bet?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":252335516663872,"tweetId":"252335516663872","gmtCreate":1702636921856,"gmtModify":1702636926301,"author":{"id":9000000000000136,"idStr":"9000000000000136","authorId":9000000000000136,"authorIdStr":"9000000000000136","name":"JimmyTurner","avatar":"https://static.tigerbbs.com/9412ae10bafb07946890558126185d43","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":158,"starInvestorFlag":false},"themes":[{"themeId":"010a3e159fbb41d6ba0123e73888a762","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Is Meme Mania Brewing Again?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":010a3e159fbb41d6ba0123e73888a762}&rnconfig={\"headerBarHidden\": true}","description":"The broader market took continued rally after FOMC released dovish signals last week, with the major index DJI and SPX hitting new highs.\nIt seems that US stock market starts an unstoppable rally. \nGenerally, meme stocks may skyrocket in a bull market.\n------------\nIs meme mania brewing again?\nWhich meme stocks will you bet?","image":"https://community-static.tradeup.com/news/b0536b7168d4ee61e10914b57a0091d6"}],"images":[{"img":"https://community-static.tradeup.com/news/bd5d36a35aa9d0cd557cd7f69f243aaa","width":"500","height":"354"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/bd5d36a35aa9d0cd557cd7f69f243aaa","width":"500","height":"354"}],"html":"<html><head></head><body> <a data-mention-id=\"SOFI\" class=\"teditor-mention\" data-mention-name=\"SoFi Technologies Inc.\" href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> <v-v data-views=\"1\"></v-v>🚀 Is there a silver lining to SOFI hitting their capital ratios in 2024? Yes. It means SoFi is going to \"pay off\" $4B of \"debt\" next year. This will vastly improve their valuation multiples. Let me explain: SoFi's debt includes about $4B in warehouse facilities. These are lines of credit they have from other banks that they use to fund loans. It's one of the three funding sources they use for their loans, which are warehouse facilities, deposits, and their own capital.<img src=\"https://community-static.tradeup.com/news/bd5d36a35aa9d0cd557cd7f69f243aaa\" tg-width=\"500\" tg-height=\"354\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"SOFI\" class=\"teditor-mention\" data-mention-name=\"SoFi Technologies Inc.\" href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> <v-v data-views=\"1\"></v-v>🚀 Is there a silver lining to SOFI hitting their capital ratios in 2024? Yes. It means SoFi is going to \"pay off\" $4B of \"debt\" next year. This will vastly improve their valuation multiples. Let me explain: SoFi's debt includes about $4B in warehouse facilities. These are lines of credit they have from other banks that they use to fund loans. It's one of the three funding sources they use for their loans, which are warehouse facilities, deposits, and their own capital.<img src=\"https://community-static.tradeup.com/news/bd5d36a35aa9d0cd557cd7f69f243aaa\" tg-width=\"500\" tg-height=\"354\"></body></html>","text":"$SoFi Technologies Inc.(SOFI)$ 🚀 Is there a silver lining to SOFI hitting their capital ratios in 2024? Yes. It means SoFi is going to \"pay off\" $4B of \"debt\" next year. This will vastly improve their valuation multiples. Let me explain: SoFi's debt includes about $4B in warehouse facilities. These are lines of credit they have from other banks that they use to fund loans. It's one of the three funding sources they use for their loans, which are warehouse facilities, deposits, and their own capital.","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/252335516663872","repostId":0,"isVote":1,"tweetType":1,"viewCount":752,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SOFI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":420,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/252335516663872"}