Upwork Depreciation And Amortization vs Research Development Analysis

UPWK Stock  USD 16.97  0.06  0.35%   
Upwork financial indicator trend analysis is much more than just breaking down Upwork Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upwork Inc is a good investment. Please check the relationship between Upwork Depreciation And Amortization and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upwork Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upwork Inc Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Upwork's Depreciation And Amortization and Research Development is 0.61. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of Upwork Inc, assuming nothing else is changed. The correlation between historical values of Upwork's Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Upwork Inc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Upwork's Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from Upwork's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upwork Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upwork Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Upwork's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.22 this year, although the value of Selling General Administrative will most likely fall to about 84.8 M.
 2023 2024 (projected)
Depreciation And Amortization12.7M11.5M
Interest Income1.5M1.4M

Upwork fundamental ratios Correlations

0.950.950.960.810.940.850.70.930.91-0.930.870.820.610.780.790.940.990.91-0.380.870.750.990.760.950.86
0.950.820.830.610.820.680.510.850.96-0.860.780.780.410.640.641.00.980.8-0.260.70.710.970.910.820.71
0.950.821.00.90.950.90.770.890.78-0.910.870.740.710.830.870.80.910.96-0.490.920.740.910.571.00.91
0.960.831.00.90.960.920.80.920.79-0.930.90.750.740.860.890.820.920.94-0.460.920.760.920.581.00.92
0.810.610.90.90.880.970.90.840.53-0.790.810.770.840.760.770.580.750.75-0.390.990.510.750.240.90.93
0.940.820.950.960.880.910.880.970.76-0.870.880.760.810.860.870.80.90.88-0.340.910.820.880.570.950.95
0.850.680.90.920.970.910.90.890.63-0.870.880.820.880.830.810.650.80.76-0.490.970.590.780.340.910.92
0.70.510.770.80.90.880.90.880.45-0.70.760.620.970.80.780.470.640.62-0.290.880.650.60.160.780.94
0.930.850.890.920.840.970.890.880.8-0.90.90.760.810.870.840.820.910.8-0.290.880.810.880.610.90.94
0.910.960.780.790.530.760.630.450.8-0.90.710.650.420.610.610.960.930.8-0.460.610.770.930.910.780.67
-0.93-0.86-0.91-0.93-0.79-0.87-0.87-0.7-0.9-0.9-0.87-0.71-0.69-0.81-0.8-0.85-0.91-0.860.6-0.83-0.75-0.92-0.66-0.91-0.85
0.870.780.870.90.810.880.880.760.90.71-0.870.790.680.940.910.760.850.79-0.290.850.670.830.540.870.81
0.820.780.740.750.770.760.820.620.760.65-0.710.790.530.590.550.770.830.58-0.20.830.340.80.530.740.66
0.610.410.710.740.840.810.880.970.810.42-0.690.680.530.770.730.380.540.57-0.470.80.640.510.080.720.89
0.780.640.830.860.760.860.830.80.870.61-0.810.940.590.770.990.620.730.79-0.360.770.790.710.420.820.81
0.790.640.870.890.770.870.810.780.840.61-0.80.910.550.730.990.620.740.86-0.360.780.80.730.430.860.82
0.941.00.80.820.580.80.650.470.820.96-0.850.760.770.380.620.620.970.8-0.260.680.690.970.920.80.68
0.990.980.910.920.750.90.80.640.910.93-0.910.850.830.540.730.740.970.87-0.320.830.721.00.820.90.81
0.910.80.960.940.750.880.760.620.80.8-0.860.790.580.570.790.860.80.87-0.50.780.810.880.650.950.81
-0.38-0.26-0.49-0.46-0.39-0.34-0.49-0.29-0.29-0.460.6-0.29-0.2-0.47-0.36-0.36-0.26-0.32-0.5-0.36-0.39-0.35-0.17-0.48-0.38
0.870.70.920.920.990.910.970.880.880.61-0.830.850.830.80.770.780.680.830.78-0.360.540.820.350.930.94
0.750.710.740.760.510.820.590.650.810.77-0.750.670.340.640.790.80.690.720.81-0.390.540.70.650.730.75
0.990.970.910.920.750.880.780.60.880.93-0.920.830.80.510.710.730.971.00.88-0.350.820.70.820.910.8
0.760.910.570.580.240.570.340.160.610.91-0.660.540.530.080.420.430.920.820.65-0.170.350.650.820.560.4
0.950.821.01.00.90.950.910.780.90.78-0.910.870.740.720.820.860.80.90.95-0.480.930.730.910.560.92
0.860.710.910.920.930.950.920.940.940.67-0.850.810.660.890.810.820.680.810.81-0.380.940.750.80.40.92
Click cells to compare fundamentals

Upwork Account Relationship Matchups

Upwork fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets446.4M529.2M1.1B1.1B1.0B700.0M
Short Long Term Debt Total39.5M31.2M584.4M581.9M367.9M230.9M
Other Current Liab127.1M160.4M196.1M194.5M251.7M169.6M
Total Current Liabilities149.1M198.7M233.6M247.7M293.0M199.4M
Total Stockholder Equity259.4M299.3M259.5M248.9M381.1M224.2M
Other Liab6.0M7.5M9.9M8.2M9.5M5.8M
Net Tangible Assets137.9M299.3M259.5M248.9M286.2M300.5M
Property Plant And Equipment Net43.4M47.9M32.0M29.7M31.5M27.7M
Current Deferred Revenue13.8M16.8M22.1M25.1M17.4M13.3M
Net Debt(8.9M)(62.9M)397.2M452.6M288.2M302.6M
Retained Earnings(172.0M)(194.8M)(251.1M)(340.9M)(294.1M)(308.8M)
Accounts Payable652K6.5M5.0M7.5M5.1M3.8M
Cash48.4M94.1M187.2M129.4M79.6M98.6M
Non Current Assets Total165.7M168.4M151.4M149.3M154.2M163.5M
Non Currrent Assets Other829K1.7M1.2M1.5M1.4M1.2M
Other Assets829K1.7M1.2M1.5M1.7M1.1M
Long Term Debt10.7M3.1M561.3M564.3M356.1M213.3M
Cash And Short Term Investments133.9M169.7M684.8M686.6M550.1M330.4M
Net Receivables30.2M47.0M66.8M64.9M103.1M53.7M
Common Stock Shares Outstanding109.8M118.7M127.2M130.5M137.3M119.3M
Short Term Investments85.5M75.6M497.6M557.2M470.5M245.8M
Liabilities And Stockholders Equity446.4M529.2M1.1B1.1B1.0B700.0M
Non Current Liabilities Total37.9M31.2M587.9M583.7M363.5M276.4M
Other Current Assets114.9M144.1M178.1M179.4M230.2M152.2M
Other Stockholder Equity603.3M494.1M511.1M592.9M674.9M425.5M
Total Liab187.0M229.9M821.5M831.4M656.5M475.8M
Property Plant And Equipment Gross43.4M28.1M21.3M22.1M72.4M76.0M
Short Long Term Debt10.3M5.7M7.6M7.6M8.7M7.5M
Total Current Assets280.6M360.8M929.7M930.9M883.4M536.5M
Accumulated Other Comprehensive Income(143.5M)(172.0M)(528K)(3.1M)205K215.3K
Non Current Liabilities Other6.0M20.5M16.8M11.2M1.3M1.2M
Short Term Debt7.6M11.3M6.3M6.5M5.7M7.8M
Intangible Assets6.0M3.3M667K3.0M2.7M4.4M
Property Plant Equipment43.4M28.1M21.3M22.1M25.4M20.7M
Net Invested Capital277.7M310.0M820.8M813.1M737.2M507.4M
Net Working Capital131.5M162.1M696.0M683.2M590.4M380.4M
Retained Earnings Total Equity(172.0M)(194.8M)(251.1M)(340.9M)(306.9M)(322.2M)
Long Term Debt Total10.7M3.1M561.3M564.3M648.9M681.3M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Upwork Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Upwork Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Upwork Inc Stock. Highlighted below are key reports to facilitate an investment decision about Upwork Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upwork Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Upwork. If investors know Upwork will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Upwork listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.7
Earnings Share
0.62
Revenue Per Share
5.676
Quarterly Revenue Growth
0.103
Return On Assets
0.0371
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Upwork's market value can be influenced by many factors that don't directly affect Upwork's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.