Skillz Platform Stock Today

SKLZ Stock  USD 5.73  0.10  1.78%   

Performance

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Odds Of Distress

Over 81

 
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Skillz Platform is trading at 5.73 as of the 28th of November 2024; that is 1.78 percent increase since the beginning of the trading day. The stock's open price was 5.63. Skillz Platform has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Skillz Platform are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
18th of December 2020
Category
Communication Services
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. The company has 14.44 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 20.16 trading days to cover. More on Skillz Platform

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Skillz Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanAndrew Paradise
Thematic Ideas
(View all Themes)
Business ConcentrationInteractive Home Entertainment, Electronic Gaming & Multimedia, Communication Services, NYSE Composite, Online Gaming, Video Games, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.3842
Notably Down
Slightly volatile
Gross Profit Margin1.020.8989
Moderately Up
Pretty Stable
Total Current Liabilities47.5 M54.8 M
Fairly Down
Slightly volatile
Non Current Liabilities Total165.2 M135.5 M
Fairly Up
Slightly volatile
Total Assets519.4 M395.5 M
Significantly Up
Slightly volatile
Total Current Assets320.8 M324.4 M
Fairly Down
Slightly volatile
Debt Levels
Skillz Platform can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Skillz Platform's financial leverage. It provides some insight into what part of Skillz Platform's total assets is financed by creditors.
Liquidity
Skillz Platform currently holds 135.87 M in liabilities with Debt to Equity (D/E) ratio of 0.59, which is about average as compared to similar companies. Skillz Platform has a current ratio of 8.44, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Skillz Platform's use of debt, we should always consider it together with its cash and equity.

Depreciation

1.86 Million
Skillz Platform (SKLZ) is traded on New York Stock Exchange in USA. It is located in 6625 Badura Avenue, Las Vegas, NV, United States, 89118 and employs 225 people. Skillz Platform is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 100.6 M. Skillz Platform conducts business under Entertainment sector and is part of Communication Services industry. The entity has 14.44 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 20.16 trading days to cover. Skillz Platform currently holds about 470.47 M in cash with (69.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12.
Check Skillz Platform Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Skillz Platform is $100.6 Million. 30% of Skillz Platform outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Skillz Ownership Details

Skillz Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
52.5 K
Trexquant Investment Lp2024-06-30
49.7 K
Group One Trading, Lp2024-06-30
49.3 K
Millennium Management Llc2024-06-30
42 K
T. Rowe Price Associates, Inc.2024-06-30
34.6 K
D. E. Shaw & Co Lp2024-09-30
28.5 K
Bank Of America Corp2024-06-30
27.6 K
Northern Trust Corp2024-09-30
23.9 K
Two Sigma Advisers, Llc2024-06-30
23.7 K
Vanguard Group Inc2024-09-30
477.1 K
Renaissance Technologies Corp2024-09-30
398.6 K
View Skillz Platform Diagnostics

Skillz Platform Historical Income Statement

At this time, Skillz Platform's Income Tax Expense is fairly stable compared to the past year. View More Fundamentals

Skillz Stock Against Markets

Skillz Platform Corporate Management

Christopher GaffneyIndependent DirectorProfile
Stefan GerhardVP FinProfile
Stanley MbuguaChief Accounting OfficerProfile
Charlotte EdelmanGeneral Counsel and Corporate SecretaryProfile
Vandana KrantzIndependent DirectorProfile

Additional Tools for Skillz Stock Analysis

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.