WeWork Inc. financial data

Industry
Opeators of Nonresidential Buildings
Location
12 East 49 Th Street, 3 Rd Floor, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
BowX Acquisition Corp. (to 10/20/2021)
Latest financial report
10-Q - Q2 2023 - Aug 8, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 35.7 % -40.3%
Debt-to-equity -569 % +42.6%
Return On Equity 56.3 % -14.7%
Return On Assets -11.2 % +35.2%
Operating Margin -44.1 % +35.2%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 413M USD +135%
Weighted Average Number of Shares Outstanding, Basic 1.63B shares +114%
Weighted Average Number of Shares Outstanding, Diluted 1.63B shares +114%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.36B USD +13.5%
Revenue from Contract with Customer, Excluding Assessed Tax 2.26B USD +15.8%
Costs and Expenses 4.83B USD -2.9%
Operating Income (Loss) -1.48B USD +26.5%
Nonoperating Income (Expense) -374M USD +51.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.85B USD +33.8%
Income Tax Expense (Benefit) 6M USD +66.7%
Net Income (Loss) Attributable to Parent -1.9B USD +29.4%
Earnings Per Share, Basic -1.89 USD/shares -352%
Earnings Per Share, Diluted -1.89 USD/shares -352%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 205M USD -67.2%
Accounts Receivable, after Allowance for Credit Loss, Current 118M USD +15.7%
Other Assets, Current 286M USD -6.23%
Assets, Current 744M USD -38.6%
Operating Lease, Right-of-Use Asset 9.28B USD -22%
Intangible Assets, Net (Excluding Goodwill) 52M USD -8.77%
Goodwill 685M USD +1.18%
Other Assets, Noncurrent 400M USD -45.8%
Assets 15.1B USD -23.3%
Liabilities, Current 2.19B USD +4.24%
Operating Lease, Liability, Noncurrent 13.3B USD -19%
Other Liabilities, Noncurrent 277M USD +21%
Liabilities 18.7B USD -15%
Accumulated Other Comprehensive Income (Loss), Net of Tax 97M USD -41.2%
Retained Earnings (Accumulated Deficit) -16.8B USD -10.8%
Stockholders' Equity Attributable to Parent -3.72B USD -39.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -3.56B USD -53.9%
Liabilities and Equity 15.1B USD -23.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -284M USD +16%
Net Cash Provided by (Used in) Financing Activities 353M USD +1505%
Net Cash Provided by (Used in) Investing Activities -61M USD +30.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 239M USD -62.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 69M USD +50%
Deferred Tax Assets, Valuation Allowance 6.04B USD +4.64%
Deferred Tax Assets, Gross 8.36B USD 0%
Operating Lease, Liability 14.3B USD -17.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.7B USD +24.3%
Lessee, Operating Lease, Liability, to be Paid 24.8B USD -14.2%
Operating Lease, Liability, Current 879M USD +1.85%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.26B USD -5.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.2B USD -5.38%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +22.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.4B USD -8.36%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.28B USD -5.76%
Deferred Tax Assets, Operating Loss Carryforwards 3.42B USD +12.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.27B USD -6.97%
Operating Lease, Payments 540M USD -0.19%
Additional Paid in Capital 13B USD +5.21%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 616M USD -8.61%
Deferred Tax Assets, Net of Valuation Allowance 2.32B USD -10.4%
Share-based Payment Arrangement, Expense 29M USD -84.7%
Interest Expense 516M USD +13.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%