Skillz Platform is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Skillz Platform's Liabilities And Stockholders Equity is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 162.5 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 48.6 M in 2025. Key indicators impacting Skillz Platform's financial strength include:
The essential information of the day-to-day investment outlook for Skillz Platform includes many different criteria found on its balance sheet. An individual investor should monitor Skillz Platform's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Skillz Platform.
Please note, the imprecision that can be found in Skillz Platform's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Skillz Platform. Check Skillz Platform's Beneish M Score to see the likelihood of Skillz Platform's management manipulating its earnings.
Skillz Platform Stock Summary
Skillz Platform competes with Bilibili, Take Two, NetEase, Roblox Corp, and Electronic Arts. Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California. Skillz operates under Electronic Gaming Multimedia classification in the United States and is traded on New York Stock Exchange. It employs 650 people.
Specialization
Communication Services, Electronic Gaming & Multimedia
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Skillz Platform. It measures of how well Skillz is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Skillz Platform brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Skillz had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Skillz Platform has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Skillz Platform's current stock value. Our valuation model uses many indicators to compare Skillz Platform value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skillz Platform competition to find correlations between indicators driving Skillz Platform's intrinsic value. More Info.
Skillz Platform is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Skillz Platform's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Skillz Platform's earnings, one of the primary drivers of an investment's value.
Skillz Platform's Earnings Breakdown by Geography
Skillz Platform Systematic Risk
Skillz Platform's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Skillz Platform volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Skillz Platform correlated with the market. If Beta is less than 0 Skillz Platform generally moves in the opposite direction as compared to the market. If Skillz Platform Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skillz Platform is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skillz Platform is generally in the same direction as the market. If Beta > 1 Skillz Platform moves generally in the same direction as, but more than the movement of the benchmark.
Skillz Platform Thematic Clasifications
Skillz Platform is part of several thematic ideas from Online Gaming to Video Games. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Skillz Platform Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skillz Platform's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Skillz Platform growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Skillz Platform help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Skillz Platform. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skillz Platform based on widely used predictive technical indicators. In general, we focus on analyzing Skillz Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skillz Platform's daily price indicators and compare them against related drivers.
When running Skillz Platform's price analysis, check to measure Skillz Platform's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skillz Platform is operating at the current time. Most of Skillz Platform's value examination focuses on studying past and present price action to predict the probability of Skillz Platform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillz Platform's price. Additionally, you may evaluate how the addition of Skillz Platform to your portfolios can decrease your overall portfolio volatility.