TaskUs (TaskUs) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is TaskUs Debt-to-Equity?

TaskUs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $23.9 Mil. TaskUs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $287.6 Mil. TaskUs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $440.7 Mil. TaskUs's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for TaskUs's Debt-to-Equity or its related term are showing as below:

TASK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 0.7 Max: 0.73
Current: 0.71

During the past 5 years, the highest Debt-to-Equity Ratio of TaskUs was 0.73. The lowest was 0.63. And the median was 0.70.

TASK's Debt-to-Equity is ranked worse than
78.59% of 2223 companies
in the Software industry
Industry Median: 0.21 vs TASK: 0.71

TaskUs Debt-to-Equity Historical Data

The historical data trend for TaskUs's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TaskUs Debt-to-Equity Chart

TaskUs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.70

0.73

0.63

0.68

0.71

TaskUs Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.68	0.65	0.67	0.73	0.71

Competitive Comparison of TaskUs's Debt-to-Equity

For the Information Technology Services subindustry, TaskUs's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TaskUs's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, TaskUs's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TaskUs's Debt-to-Equity falls into.

TaskUs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TaskUs's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(23.931	+	287.641)	/	440.711
	=	0.71

TaskUs's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(23.931	+	287.641)	/	440.711
	=	0.71

TaskUs (NAS:TASK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

TaskUs Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of TaskUs's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

TaskUs (TaskUs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TaskUs Inc (NAS:TASK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6VY:Germany

Address

1650 Independence Drive, Suite 100, New Braunfels, TX, USA, 78132

Website

https://www.taskus.com

TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.

Executives

Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Stephan Daoust	officer: Chief Operating Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Kelly L Tuminelli	director	TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
Jill A Greenthal	director	MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Rajnish Sinha	officer: Chief People Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Michelle H Gonzalez	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Claudia F Walsh	officer: General Counsel	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Bcp Fc Aggregator L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Jaspar Weir	director, 10 percent owner, officer: President	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bryce Maddock	director, 10 percent owner, officer: Chief Executive Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Susir Kumar	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Amit Dixit	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Jarrod Johnson	officer: Chief Customer Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Steven Amaya	officer: See Remarks	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132