Upwork Balance Sheet Health
Financial Health criteria checks 4/6
Upwork has a total shareholder equity of $348.9M and total debt of $356.5M, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are $1.0B and $651.9M respectively. Upwork's EBIT is $26.8M making its interest coverage ratio -1.1. It has cash and short-term investments of $490.6M.
Key information
102.2%
Debt to equity ratio
US$356.55m
Debt
Interest coverage ratio | -1.1x |
Cash | US$490.61m |
Equity | US$348.88m |
Total liabilities | US$651.94m |
Total assets | US$1.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U2PW34's short term assets ($848.0M) exceed its short term liabilities ($289.5M).
Long Term Liabilities: U2PW34's short term assets ($848.0M) exceed its long term liabilities ($362.5M).
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 20.1% to 102.2% over the past 5 years.
Debt Coverage: U2PW34's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: U2PW34 earns more interest than it pays, so coverage of interest payments is not a concern.