How much debt does TaskUs have?
According to TaskUs's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TaskUs's total debt stands at $305.20M. This is broken down into:
- Long-term debt: $274.30M
- Short-term debt: $30.90M
The company's net debt, which accounts for cash and cash equivalents, is $113.03M. In terms of overall financial obligations, TaskUs's total liabilities amount to $456.38M.
Debt Ratios and Metrics
To better understand TaskUs's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.61 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 32.02% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.29 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 35.57% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 38.05% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TaskUs's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$305.20M
Long-term Debt
$274.30M
Short-term Debt
$30.90M
Net Debt
$113.03M
Total Liabilities
$456.38M
Interest Coverage
4.29
Debt to Equity Ratio
0.61
Debt Ratio
32.02%
TaskUs Historical Debt Metrics
TaskUs Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $305.20M | $274.30M | $30.90M | $113.03M | $456.38M | 0.61 | 32.02% | 4.29 | 35.57% | 38.05% |
| 2023 | $311.57M | $287.64M | $23.93M | $185.80M | $423.49M | 0.71 | 36.05% | 4.38 | 36.76% | 41.42% |
| 2022 | $311.55M | $296.61M | $26.56M | $177.56M | $446.40M | 0.68 | 34.54% | 7.04 | 36.71% | 40.61% |
| 2021 | $238.38M | $187.24M | $51.13M | $174.79M | $370.86M | 0.63 | 31.78% | -8.34 | 33.06% | 38.60% |
| 2020 | $244.75M | $198.77M | $45.98M | $137.02M | $372.37M | 0.73 | 34.59% | 6.73 | 37.23% | 42.21% |
| 2019 | $207.31M | $204.87M | $2.43M | $169.76M | $313.18M | 0.70 | 33.95% | 3.94 | 40.78% | 41.07% |
| 2018 | $83.10M | $82.65M | $450.00K | $57.82M | $186.64M | 0.21 | 14.20% | 0.00 | 17.17% | 17.25% |
Related Metrics
Explore detailed financial metrics and analysis for TASK.