Upwork (Upwork) Interest Expense : $-2.5 Mil (TTM As of Dec. 2023)

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What is Upwork Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Upwork's interest expense for the three months ended in Dec. 2023 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.5 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Upwork's Operating Income for the three months ended in Dec. 2023 was $ 8.4 Mil. Upwork's Interest Expense for the three months ended in Dec. 2023 was $ 0.0 Mil. GuruFocus does not calculate Upwork's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Upwork Interest Expense Historical Data

The historical data trend for Upwork's Interest Expense 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.

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Upwork Interest Expense Chart

Upwork Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.31

-0.78

-2.18

-4.48

Upwork Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.12	-1.10	-0.71	-0.71	-

Upwork Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.5 Mil.

Upwork (NAS:UPWK) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Upwork's Interest Expense for the three months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $8.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $362.2 Mil.

Upwork's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Upwork's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Upwork (Upwork) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upwork Inc (NAS:UPWK) » Definitions » Interest Expense

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