Upwork Ebit vs Gross Profit Analysis
UPWK Stock | USD 16.02 0.64 4.16% |
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 Ebit and its Gross Profit 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upwork Inc Ebit account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Upwork's Ebit and Gross Profit is -0.56. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit 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 Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Upwork Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Upwork's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Upwork Inc minus its cost of goods sold. It is profit before Upwork operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 Amortization | 12.7M | 11.5M | Interest Income | 1.5M | 1.4M |
Upwork fundamental ratios Correlations
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Upwork Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Upwork fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 446.4M | 529.2M | 1.1B | 1.1B | 1.0B | 700.0M | |
Short Long Term Debt Total | 39.5M | 31.2M | 584.4M | 581.9M | 367.9M | 230.9M | |
Other Current Liab | 127.1M | 160.4M | 196.1M | 194.5M | 251.7M | 169.6M | |
Total Current Liabilities | 149.1M | 198.7M | 233.6M | 247.7M | 293.0M | 199.4M | |
Total Stockholder Equity | 259.4M | 299.3M | 259.5M | 248.9M | 381.1M | 224.2M | |
Other Liab | 6.0M | 7.5M | 9.9M | 8.2M | 9.5M | 5.8M | |
Net Tangible Assets | 137.9M | 299.3M | 259.5M | 248.9M | 286.2M | 300.5M | |
Property Plant And Equipment Net | 43.4M | 47.9M | 32.0M | 29.7M | 31.5M | 27.7M | |
Current Deferred Revenue | 13.8M | 16.8M | 22.1M | 25.1M | 17.4M | 13.3M | |
Net Debt | (8.9M) | (62.9M) | 397.2M | 452.6M | 288.2M | 302.6M | |
Retained Earnings | (172.0M) | (194.8M) | (251.1M) | (340.9M) | (294.1M) | (308.8M) | |
Accounts Payable | 652K | 6.5M | 5.0M | 7.5M | 5.1M | 3.8M | |
Cash | 48.4M | 94.1M | 187.2M | 129.4M | 79.6M | 98.6M | |
Non Current Assets Total | 165.7M | 168.4M | 151.4M | 149.3M | 154.2M | 163.5M | |
Non Currrent Assets Other | 829K | 1.7M | 1.2M | 1.5M | 1.4M | 1.2M | |
Other Assets | 829K | 1.7M | 1.2M | 1.5M | 1.7M | 1.1M | |
Long Term Debt | 10.7M | 3.1M | 561.3M | 564.3M | 356.1M | 213.3M | |
Cash And Short Term Investments | 133.9M | 169.7M | 684.8M | 686.6M | 550.1M | 330.4M | |
Net Receivables | 30.2M | 47.0M | 66.8M | 64.9M | 103.1M | 53.7M | |
Common Stock Shares Outstanding | 109.8M | 118.7M | 127.2M | 130.5M | 137.3M | 119.3M | |
Short Term Investments | 85.5M | 75.6M | 497.6M | 557.2M | 470.5M | 245.8M | |
Liabilities And Stockholders Equity | 446.4M | 529.2M | 1.1B | 1.1B | 1.0B | 700.0M | |
Non Current Liabilities Total | 37.9M | 31.2M | 587.9M | 583.7M | 363.5M | 276.4M | |
Other Current Assets | 114.9M | 144.1M | 178.1M | 179.4M | 230.2M | 152.2M | |
Other Stockholder Equity | 603.3M | 494.1M | 511.1M | 592.9M | 674.9M | 425.5M | |
Total Liab | 187.0M | 229.9M | 821.5M | 831.4M | 656.5M | 475.8M | |
Property Plant And Equipment Gross | 43.4M | 28.1M | 21.3M | 22.1M | 72.4M | 76.0M | |
Short Long Term Debt | 10.3M | 5.7M | 7.6M | 7.6M | 8.7M | 7.5M | |
Total Current Assets | 280.6M | 360.8M | 929.7M | 930.9M | 883.4M | 536.5M | |
Accumulated Other Comprehensive Income | (143.5M) | (172.0M) | (528K) | (3.1M) | 205K | 215.3K | |
Non Current Liabilities Other | 6.0M | 20.5M | 16.8M | 11.2M | 1.3M | 1.2M | |
Short Term Debt | 7.6M | 11.3M | 6.3M | 6.5M | 5.7M | 7.8M | |
Intangible Assets | 6.0M | 3.3M | 667K | 3.0M | 2.7M | 4.4M | |
Property Plant Equipment | 43.4M | 28.1M | 21.3M | 22.1M | 25.4M | 20.7M | |
Net Invested Capital | 277.7M | 310.0M | 820.8M | 813.1M | 737.2M | 507.4M | |
Net Working Capital | 131.5M | 162.1M | 696.0M | 683.2M | 590.4M | 380.4M | |
Retained Earnings Total Equity | (172.0M) | (194.8M) | (251.1M) | (340.9M) | (306.9M) | (322.2M) | |
Long Term Debt Total | 10.7M | 3.1M | 561.3M | 564.3M | 648.9M | 681.3M |
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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.