Upwork Balance Sheet Health
Financial Health criteria checks 5/6
Upwork has a total shareholder equity of $361.1M and total debt of $357.0M, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are $1.0B and $647.5M respectively. Upwork's EBIT is $50.7M making its interest coverage ratio -1.9. It has cash and short-term investments of $497.7M.
Key information
98.9%
Debt to equity ratio
US$357.01m
Debt
| Interest coverage ratio | -1.9x |
| Cash | US$497.74m |
| Equity | US$361.10m |
| Total liabilities | US$647.47m |
| Total assets | US$1.01b |
Recent financial health updates
These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely
Aug 01
Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jan 31Health 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 21Recent updates
Upwork: The Selloff Is Overdone
Aug 12These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely
Aug 01Upwork: Stock Can Potentially Soar, As AI Fears Dissipate
Jul 22Upwork: Just Like For Fiverr, Study The Nitty-Gritty Financials
Jul 11Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?
Jun 20Upwork: Time To Buy This Stock As It Gains Share (Rating Upgrade)
Jun 14Increases 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 22Financial Position Analysis
Short Term Liabilities: UPWK's short term assets ($855.7M) exceed its short term liabilities ($285.1M).
Long Term Liabilities: UPWK's short term assets ($855.7M) exceed its long term liabilities ($362.4M).
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 18.3% to 98.9% over the past 5 years.
Debt Coverage: UPWK's debt is well covered by operating cash flow (20.9%).
Interest Coverage: UPWK earns more interest than it pays, so coverage of interest payments is not a concern.