Upwork Inc (UPWK) — Cash Flow-to-Debt Ratio
Upwork Inc (UPWK) has a Cash Flow-to-Debt Ratio of 0.10x as of December 2025, meaning its operating cash flow of $63.70 Million could theoretically repay 0% of its total liabilities ($669.26 Million) in one year. See Upwork Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Upwork Inc Cash Flow-to-Debt Ratio (2016–2025)
Historical debt coverage capacity for Upwork Inc across 10 annual periods. Also explore Upwork Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Upwork Inc (2016–2025)
Year-by-year debt coverage analysis for Upwork Inc. For market capitalisation and broader financial context, see Upwork Inc (UPWK) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | $248.26 Million | $669.26 Million | ▲ +53.7% |
| 2024 | 0.24x | $153.56 Million | $636.24 Million | ▲ +200.6% |
| 2023 | 0.08x | $52.71 Million | $656.47 Million | ▲ +480.6% |
| 2022 | 0.01x | $11.50 Million | $831.37 Million | ▲ +4.8% |
| 2021 | 0.01x | $10.84 Million | $821.54 Million | ▼ -86.4% |
| 2020 | 0.10x | $22.36 Million | $229.92 Million | ▲ +1618.9% |
| 2019 | 0.01x | $1.06 Million | $186.96 Million | ▼ -93.9% |
| 2018 | 0.09x | $13.74 Million | $147.83 Million | ▲ +812.4% |
| 2017 | -0.01x | $-4.00 Million | $306.56 Million | ▼ -216.0% |
| 2016 | 0.01x | $3.15 Million | $279.73 Million | — |