Upwork Inc (UPWK) — Defensive Interval Ratio

Latest as of December 2025: 255 days

Upwork Inc (UPWK) has a Defensive Interval Ratio of 255 days as of December 2025. Defensive assets of $454.66 Million (cash $-, short-term investments $378.43 Million, receivables $76.24 Million) cover 255 days of daily cash needs of $1.78 Million/day. Check tangible equity quality of Upwork Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

255 days
Days of operational coverage

Defensive Assets

$454.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.78 Million
Current Liabilities ÷ 365

Current Liabilities

$650.17 Million
USD

Upwork Inc Defensive Interval Ratio (2016–2025)

This chart shows how Upwork Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 255 days, meaning defensive assets of $454.66 Million can fund 255 days of operations without new revenue. Also explore Upwork Inc (UPWK) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Upwork Inc (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Upwork Inc from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Upwork Inc market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 255 days $454.66 Million $1.78 Million/day $- $378.43 Million ▼ -278 days
2024 533 days $391.83 Million $735.43K/day $- $316.34 Million ▼ -182 days
2023 714 days $573.52 Million $802.75K/day $- $470.46 Million ▼ -202 days
2022 917 days $622.12 Million $678.61K/day $- $557.23 Million ▲ +35 days
2021 882 days $564.39 Million $640.09K/day $- $497.57 Million ▲ +657 days
2020 225 days $122.59 Million $544.51K/day $- $75.57 Million ▼ -58 days
2019 283 days $115.64 Million $408.49K/day $- $85.48 Million ▼ -62 days
2018 345 days $120.50 Million $349.59K/day $- $98.19 Million ▲ +241 days
2017 104 days $32.56 Million $314.09K/day $- $1.80 Million ▼ -12 days
2016 115 days $27.02 Million $234.01K/day $- $1.70 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)