What is the debt ratio of Uber?

Uber Technologies has a total shareholder equity of $10.5B and total debt of $9.4B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are $35.9B and $25.4B respectively. Uber Technologies's EBIT is $316.0M making its interest coverage ratio 1.4.



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Uber Technologies long term debt for the quarter ending June 30, 2023 was $9.255B, a 0.17% decline year-over-year. Uber Technologies long term debt for 2022 was $9.265B, a 0.12% decline from 2021. Uber Technologies long term debt for 2021 was $9.276B, a 22.7% increase from 2020.

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Uber posted a profit of $394 million during the second quarter, compared with a loss of $2.60 billion a year earlier. That came in better than the $18 million loss that analysts polled by FactSet had expected and was driven predominantly by its operating profit, which totaled $326 million.

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Institutional Ownership and Shareholders Largest shareholders include Morgan Stanley, Fmr Llc, Vanguard Group Inc, BlackRock Inc., Jpmorgan Chase & Co, Public Investment Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Jennison Associates Llc, Capital World Investors, and State Street Corp .

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The company has been subsidizing rides to attract more customers and gain market share, which has resulted in a significant loss of revenue. Furthermore, Uber's business model is based on the concept of the gig economy, where drivers are independent contractors rather than employees.

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At the time, Uber was not just one of the world's fastest-growing companies - it was one of the most controversial, dogged by court cases, allegations of sexual harassment, and data breach scandals. Eventually shareholders had enough, and Travis Kalanick was forced out in 2017.

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Uber Agrees to Pay N.J. $100 Million in Dispute Over Drivers' Employment Status - The New York Times.

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Uber Technologies net income for the twelve months ending September 30, 2023 was $1.054B, a 111.92% decline year-over-year. Uber Technologies annual net income for 2022 was $-9.141B, a 1742.94% increase from 2021. Uber Technologies annual net income for 2021 was $-0.496B, a 92.67% decline from 2020.

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As of 2022, Uber has a 71% share of sales in the U.S. rideshare market, whereas Lyft only has 29%. However, both have seen significant sales increases since 2021. As of January 2022, Uber's sales are up 84%, and Lyft sales are up 62% year-over-year.

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The United States remains at the summit of the most popular countries among non-domestic Uber users. Mexico and Canada complete the top three, followed by Portugal, Spain, France and the UK. Europe remains a popular destination for Uber users, with five European countries in the top 10.

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Lyft: One of the largest Uber counterparts Both Uber and Lyft are innovative transportation companies with drivers as independent contractors and user-friendly apps. However, Lyft is smaller and for now operates only in the USA and Canada, compared to Uber's coverage (63 countries).

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There are times when so many people are requesting rides that there aren't enough cars on the road to help take them all, Uber's website says. In these cases of very high demand, prices may increase to help ensure that those who need a ride can get one.

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The Uber Black and Uber Black SUVs are the best options for an Uber driver to earn well. However, the answer to how much Uber Black Drivers make depends on various factors. Just like Uber's standard pay policy, Uber Black pay also depends on your location, the frequency of your work, and the time you're working.

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