Upwork Balance Sheet Health
Financial Health criteria checks 5/6
Upwork has a total shareholder equity of $411.2M and total debt of $357.5M, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are $1.1B and $651.5M respectively. Upwork's EBIT is $60.1M making its interest coverage ratio -2.1. It has cash and short-term investments of $601.2M.
Key information
86.9%
Debt to equity ratio
US$357.47m
Debt
| Interest coverage ratio | -2.1x |
| Cash | US$601.18m |
| Equity | US$411.17m |
| Total liabilities | US$651.49m |
| Total assets | US$1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U2PW34's short term assets ($904.3M) exceed its short term liabilities ($284.4M).
Long Term Liabilities: U2PW34's short term assets ($904.3M) exceed its long term liabilities ($367.0M).
Debt to Equity History and Analysis
Debt Level: U2PW34 has more cash than its total debt.
Reducing Debt: U2PW34's debt to equity ratio has increased from 7.7% to 86.9% over the past 5 years.
Debt Coverage: U2PW34's debt is well covered by operating cash flow (39.1%).
Interest Coverage: U2PW34 earns more interest than it pays, so coverage of interest payments is not a concern.