Skillz Platform Stock Fundamentals
| SKLZ Stock | USD 6.05 0.10 1.63% |
Skillz Platform fundamentals help investors to digest information that contributes to Skillz Platform's financial success or failures. It also enables traders to predict the movement of Skillz Stock. The fundamental analysis module provides a way to measure Skillz Platform's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skillz Platform stock.
At this time, Skillz Platform's Reconciled Depreciation is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 10 M in 2024, whereas Net Interest Income is likely to drop (9.8 M) in 2024. Skillz | Select Account or Indicator |
Skillz Platform Company Return On Equity Analysis
Skillz Platform's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Skillz Platform Return On Equity | -0.44 |
Most of Skillz Platform's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skillz Platform is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Skillz Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Skillz Platform has a Return On Equity of -0.4413. This is 104.25% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The return on equity for all United States stocks is 42.35% higher than that of the company.
Skillz Platform Fundamental Drivers Relationships
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 third in return on equity category among related companies. It is rated fourth in return on asset category among related companies . At this time, Skillz Platform's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Skillz Platform by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Skillz Platform's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skillz Platform's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skillz Platform could also be used in its relative valuation, which is a method of valuing Skillz Platform by comparing valuation metrics of similar companies.Skillz Platform is currently under evaluation in return on equity category among related companies.
Skillz Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.14 | ||||
| Profit Margin | (0.71) % | ||||
| Operating Margin | (0.78) % | ||||
| Current Valuation | (64.33 M) | ||||
| Shares Outstanding | 16 M | ||||
| Shares Owned By Insiders | 17.00 % | ||||
| Shares Owned By Institutions | 33.80 % | ||||
| Number Of Shares Shorted | 2.28 M | ||||
| Price To Book | 0.53 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 150.11 M | ||||
| Gross Profit | 238.99 M | ||||
| EBITDA | (113.99 M) | ||||
| Net Income | (106.69 M) | ||||
| Cash And Equivalents | 470.47 M | ||||
| Cash Per Share | 1.12 X | ||||
| Total Debt | 135.87 M | ||||
| Debt To Equity | 0.59 % | ||||
| Current Ratio | 8.61 X | ||||
| Book Value Per Share | 12.07 X | ||||
| Cash Flow From Operations | (69.62 M) | ||||
| Short Ratio | 13.44 X | ||||
| Earnings Per Share | (10.97) X | ||||
| Target Price | 10.17 | ||||
| Beta | 2.84 | ||||
| Market Capitalization | 116.39 M | ||||
| Total Asset | 395.5 M | ||||
| Retained Earnings | (979.8 M) | ||||
| Working Capital | 452.19 M | ||||
| Net Asset | 395.5 M |
About Skillz Platform Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Skillz Platform's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillz Platform using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillz Platform based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 225 K | 200 K | |
| Total Revenue | 150.1 M | 220.9 M | |
| Cost Of Revenue | 15.4 M | 16.7 M | |
| Stock Based Compensation To Revenue | 0.29 | 0.31 | |
| Sales General And Administrative To Revenue | 0.67 | 0.70 | |
| Research And Ddevelopement To Revenue | 0.19 | 0.11 | |
| Capex To Revenue | (0.09) | (0.08) | |
| Revenue Per Share | 7.18 | 8.61 | |
| Ebit Per Revenue | (0.77) | (0.81) |
Currently Active Assets on Macroaxis
When determining whether Skillz Platform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skillz Platform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skillz Platform Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skillz Platform Stock:Check out Skillz Platform Piotroski F Score and Skillz Platform Altman Z Score analysis. For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary 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.
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Is Skillz Platform's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skillz Platform. If investors know Skillz will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skillz Platform listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 30.538 | Earnings Share (10.97) | Revenue Per Share 7.185 | Quarterly Revenue Growth (0.32) | Return On Assets (0.14) |
The market value of Skillz Platform is measured differently than its book value, which is the value of Skillz that is recorded on the company's balance sheet. Investors also form their own opinion of Skillz Platform's value that differs from its market value or its book value, called intrinsic value, which is Skillz Platform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skillz Platform's market value can be influenced by many factors that don't directly affect Skillz Platform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skillz Platform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillz Platform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillz Platform's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.