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
Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jan 31
Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Oct 26Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jul 17Is Upwork (NASDAQ:UPWK) A Risky Investment?
Apr 09Is Upwork (NASDAQ:UPWK) Weighed On By Its Debt Load?
Dec 21Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Aug 15Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Upwork Inc. (NASDAQ:UPWK)
Jun 01Upwork: Made Significant Progress In Delivering Profitable Growth
May 05Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital
May 03Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion
Apr 16Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$12.25?
Mar 15Upwork: Green Shoots Are Emerging
Mar 12Upwork: Why I Will Remain On The Fence For Now
Mar 03Shareholders Shouldn’t Be Too Comfortable With Upwork's (NASDAQ:UPWK) Strong Earnings
Feb 22Upwork Is An Interesting Reasonable Growth Candidate
Feb 07Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jan 31Upwork: A Long-Term Investment In The Freelancing Industry
Jan 22Upwork Inc.'s (NASDAQ:UPWK) P/S Still Appears To Be Reasonable
Dec 25At US$13.86, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?
Dec 06Is Upwork Inc. (NASDAQ:UPWK) Worth US$13.8 Based On Its Intrinsic Value?
Nov 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Oct 26Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jul 17Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing
Jun 24Is Upwork (NASDAQ:UPWK) A Risky Investment?
Apr 09Is Upwork (NASDAQ:UPWK) Weighed On By Its Debt Load?
Dec 21Upwork: Decent Execution And A Slight Premium In Valuation
Oct 14Upwork reaffirms Q3 guidance; initiates search for new CFO
Sep 22Upwork: Wait For Better Buying Opportunities
Sep 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Aug 15Upwork Non-GAAP EPS of -$0.04 beats by $0.04, revenue of $156.9M beats by $9.12M
Jul 27Upwork: Long Growth Runway, But Shares Are Not Cheap
Jul 21BTIG lowers PT for Upwork to $30
Jul 11Financial Position Analysis
Short Term Liabilities: UPWK's short term assets ($848.0M) exceed its short term liabilities ($289.5M).
Long Term Liabilities: UPWK's short term assets ($848.0M) exceed its long term liabilities ($362.5M).
Debt to Equity History and Analysis
Debt Level: UPWK has more cash than its total debt.
Reducing Debt: UPWK's debt to equity ratio has increased from 20.1% to 102.2% over the past 5 years.
Debt Coverage: UPWK's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: UPWK earns more interest than it pays, so coverage of interest payments is not a concern.