TaskUs Balance Sheet Health
Financial Health criteria checks 6/6
TaskUs has a total shareholder equity of $489.8M and total debt of $259.4M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are $942.1M and $452.3M respectively. TaskUs's EBIT is $110.4M making its interest coverage ratio 5. It has cash and short-term investments of $180.4M.
Key information
53.0%
Debt to equity ratio
US$259.45m
Debt
| Interest coverage ratio | 5x |
| Cash | US$180.38m |
| Equity | US$489.79m |
| Total liabilities | US$452.31m |
| Total assets | US$942.10m |
Recent financial health updates
Is TaskUs (NASDAQ:TASK) Using Too Much Debt?
Dec 07
Does TaskUs (NASDAQ:TASK) Have A Healthy Balance Sheet?
Jun 21We Think TaskUs (NASDAQ:TASK) Can Stay On Top Of Its Debt
Mar 01Recent updates
Earnings Not Telling The Story For TaskUs, Inc. (NASDAQ:TASK) After Shares Rise 34%
Dec 16Is TaskUs (NASDAQ:TASK) Using Too Much Debt?
Dec 07TaskUs Ekes Out Growth But Low-End Pricing Pressures Grow
Nov 12Getting In Cheap On TaskUs, Inc. (NASDAQ:TASK) Might Be Difficult
Nov 01We Like These Underlying Return On Capital Trends At TaskUs (NASDAQ:TASK)
Sep 30TaskUs: A Return To Growth But Margins Are Under Pressure
Aug 28Does TaskUs (NASDAQ:TASK) Deserve A Spot On Your Watchlist?
Aug 13TaskUs, Inc.'s (NASDAQ:TASK) 25% Jump Shows Its Popularity With Investors
Jul 17Does TaskUs (NASDAQ:TASK) Have A Healthy Balance Sheet?
Jun 21TaskUs Seeks Return To Growth Amid AI Disruption
Jun 07TaskUs, Inc. (NASDAQ:TASK) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
May 24TaskUs (NASDAQ:TASK) Might Have The Makings Of A Multi-Bagger
May 02TaskUs, Inc.'s (NASDAQ:TASK) Popularity With Investors Is Clear
Apr 05TaskUs: Digital Experiences, AI Services To Drive Revenue Growth
Mar 06We Think TaskUs (NASDAQ:TASK) Can Stay On Top Of Its Debt
Mar 01Returns At TaskUs (NASDAQ:TASK) Are On The Way Up
Jan 02Returns On Capital Are Showing Encouraging Signs At TaskUs (NASDAQ:TASK)
Sep 08TaskUs (NASDAQ:TASK) Might Have The Makings Of A Multi-Bagger
May 01Is There An Opportunity With TaskUs, Inc.'s (NASDAQ:TASK) 32% Undervaluation?
Jan 21TaskUs (NASDAQ:TASK) Shareholders Will Want The ROCE Trajectory To Continue
Dec 09Statutory Profit Doesn't Reflect How Good TaskUs' (NASDAQ:TASK) Earnings Are
Nov 16TaskUs launches $100M stock buyback plan
Sep 07Returns At TaskUs (NASDAQ:TASK) Are On The Way Up
Aug 18TaskUs Q2 2022 Earnings Preview
Aug 08TaskUs Produces Enviable Growth And Profits Amid Economic Slowdown
Jul 28Wells Fargo cuts price target on TaskUs to $20 from $37
Jul 14TaskUs: The Baby That Went Out With The Bathwater
Jun 20Financial Position Analysis
Short Term Liabilities: TASK's short term assets ($419.4M) exceed its short term liabilities ($139.1M).
Long Term Liabilities: TASK's short term assets ($419.4M) exceed its long term liabilities ($313.2M).
Debt to Equity History and Analysis
Debt Level: TASK's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: TASK's debt to equity ratio has reduced from 54.5% to 53% over the past 5 years.
Debt Coverage: TASK's debt is well covered by operating cash flow (53.2%).
Interest Coverage: TASK's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TaskUs, Inc. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Cassie Chan | BofA Global Research |
| Matthew VanVliet | BTIG |