TaskUs Balance Sheet Health
Financial Health criteria checks 5/6
TaskUs has a total shareholder equity of $440.7M and total debt of $264.2M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are $864.2M and $423.5M respectively. TaskUs's EBIT is $106.3M making its interest coverage ratio 4.9. It has cash and short-term investments of $125.8M.
Key information
60.0%
Debt to equity ratio
US$264.23m
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$125.78m |
| Equity | US$440.71m |
| Total liabilities | US$423.49m |
| Total assets | US$864.20m |
Recent financial health updates
Recent updates
TaskUs, Inc.'s (NASDAQ:TASK) Popularity With Investors Is Clear
Apr 05
TaskUs: 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 20TaskUs, Inc. (NASDAQ:TASK) Shares Could Be 39% Below Their Intrinsic Value Estimate
Feb 27TaskUs: Looking For GARP? You've Found It
Jan 25Are TaskUs, Inc. (NASDAQ:TASK) Investors Paying Above The Intrinsic Value?
Oct 28TaskUs Stock Is 30% Undervalued
Oct 26Financial Position Analysis
Short Term Liabilities: TASK's short term assets ($328.5M) exceed its short term liabilities ($101.8M).
Long Term Liabilities: TASK's short term assets ($328.5M) exceed its long term liabilities ($321.7M).
Debt to Equity History and Analysis
Debt Level: TASK's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: TASK's debt to equity ratio has increased from 20.8% to 60% over the past 5 years.
Debt Coverage: TASK's debt is well covered by operating cash flow (54.4%).
Interest Coverage: TASK's interest payments on its debt are well covered by EBIT (4.9x coverage).