Upwork (Upwork) Debt-to-Equity : 0.97 (As of Dec. 2023)

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What is Upwork Debt-to-Equity?

Upwork's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.7 Mil. Upwork's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $362.2 Mil. Upwork's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $381.1 Mil. Upwork's debt to equity for the quarter that ended in Dec. 2023 was 0.97.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Upwork's Debt-to-Equity or its related term are showing as below:

UPWK' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.08 Med: 0.14 Max: 2.34
Current: 0.97

During the past 8 years, the highest Debt-to-Equity Ratio of Upwork was 2.34. The lowest was -1.08. And the median was 0.14.

UPWK's Debt-to-Equity is ranked worse than
86.97% of 422 companies
in the Interactive Media industry
Industry Median: 0.16 vs UPWK: 0.97

Upwork Debt-to-Equity Historical Data

The historical data trend for Upwork's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Upwork Debt-to-Equity Chart

Upwork Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.12

2.25

2.34

0.97

Upwork Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.34	1.28	1.21	1.08	0.97

Competitive Comparison of Upwork's Debt-to-Equity

For the Internet Content & Information subindustry, Upwork's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Upwork's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Upwork's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Upwork's Debt-to-Equity falls into.

Upwork Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Upwork's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.687	+	362.175)	/	381.075
	=	0.97

Upwork's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.687	+	362.175)	/	381.075
	=	0.97

Upwork (NAS:UPWK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Upwork Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Upwork's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Upwork (Upwork) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upwork Inc (NAS:UPWK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UPWK:Mexico UP2:Germany U2PW34:Brazil

Address

475 Brannan Street, Suite 430, San Francisco, CA, USA, 94107

Website

https://www.upwork.com

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to Clients.

Executives

Olivier Marie	officer: Chief Accounting Officer	C/O UPWORK, INC., 475 BRANNAN STREET SUITE 430, SAN FRANCISCO CA 94107
Hayden Brown	director, officer: President & CEO	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Gary Steele	director	C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Erica Gessert	officer: Chief Financial Officer	C/O UPWORK INC., 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO CA 94107
Jeff Mccombs	officer: Chief Financial Officer	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Eric Gilpin	officer: Senior VP, Sales	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Leela Srinivasan	director	C/O UPWORK, INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Kevin Harvey	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Thomas Layton	director, other: Chairman	C/O TICKETMASTER ONLINE CITYSEARCH INC, 790 E COLORADO BLVD STE 200, PASADENA CA 91101
Elizabeth A Nelson	director	MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Anilu Vazquez-ubarri	director	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Gregory C. Gretsch	director	C/O RESPONSYS, INC., 900 CHERRY AVENUE, 5TH FLOOR, SAN BRUNO CA 94066
Brian K Kinion	officer: Chief Financial Officer	C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Stephane Kasriel	director	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Han-shen Yuan	officer: SVP, Engineering	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043