Skillz Change In Cash vs Begin Period Cash Flow Analysis

SKLZ Stock

USD 6.37 0.01 0.16%

Skillz Platform financial indicator trend analysis is much more than just breaking down Skillz Platform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skillz Platform is a good investment. Please check the relationship between Skillz Platform Change In Cash and its Begin Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillz Platform Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Skillz Platform's Change In Cash and Begin Period Cash Flow is -0.29. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Skillz Platform, assuming nothing else is changed. The correlation between historical values of Skillz Platform's Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Skillz Platform are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Skillz Platform's Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Most indicators from Skillz Platform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skillz Platform current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.At this time, Skillz Platform's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.70 in 2024, whereas Selling General Administrative is likely to drop slightly above 86.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	359.4M	239.0M	134.7M	204.2M
Total Revenue	384.1M	269.7M	150.1M	220.9M

Gross Profit Total Revenue

Skillz Platform fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Common Stock Shares Outstanding	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab
Other Current Liab		0.98	0.98	-0.82	0.43	0.92	0.94	0.84	0.97	0.89	0.74	0.95	0.87	0.93	0.94	0.84	-0.34	0.91	0.83	0.89	0.93	0.97	0.92	0.91	0.97	0.94
Total Current Liabilities	0.98		0.98	-0.72	0.6	0.91	0.91	0.93	0.97	0.87	0.81	0.96	0.91	0.97	0.92	0.86	-0.36	0.88	0.86	0.92	0.93	0.96	0.88	0.86	0.91	0.9
Net Tangible Assets	0.98	0.98		-0.77	0.55	0.95	0.94	0.9	0.97	0.94	0.75	0.93	0.92	0.93	0.88	0.8	-0.43	0.92	0.79	0.93	0.96	0.96	0.92	0.84	0.93	0.89
Retained Earnings	-0.82	-0.72	-0.77		0.05	-0.81	-0.92	-0.47	-0.77	-0.81	-0.26	-0.7	-0.68	-0.63	-0.69	-0.52	0.54	-0.89	-0.47	-0.78	-0.82	-0.8	-0.88	-0.76	-0.93	-0.78
Accounts Payable	0.43	0.6	0.55	0.05		0.5	0.33	0.79	0.49	0.41	0.71	0.5	0.64	0.63	0.37	0.5	-0.25	0.36	0.51	0.56	0.51	0.46	0.37	0.24	0.24	0.31
Other Assets	0.92	0.91	0.95	-0.81	0.5		0.97	0.77	0.91	0.92	0.53	0.81	0.92	0.81	0.73	0.63	-0.65	0.97	0.58	0.97	1.0	0.9	0.98	0.73	0.92	0.78
Common Stock Shares Outstanding	0.94	0.91	0.94	-0.92	0.33	0.97		0.73	0.92	0.92	0.5	0.85	0.89	0.82	0.79	0.66	-0.6	0.99	0.63	0.95	0.98	0.93	0.97	0.82	0.98	0.85
Other Current Assets	0.84	0.93	0.9	-0.47	0.79	0.77	0.73		0.84	0.78	0.9	0.88	0.85	0.94	0.81	0.86	-0.3	0.7	0.85	0.82	0.8	0.84	0.72	0.69	0.7	0.75
Total Current Assets	0.97	0.97	0.97	-0.77	0.49	0.91	0.92	0.84		0.87	0.74	0.98	0.94	0.95	0.91	0.75	-0.32	0.92	0.84	0.93	0.92	1.0	0.86	0.94	0.94	0.96
Common Stock	0.89	0.87	0.94	-0.81	0.41	0.92	0.92	0.78	0.87		0.55	0.79	0.85	0.78	0.73	0.63	-0.57	0.91	0.59	0.9	0.93	0.86	0.91	0.73	0.89	0.77
Property Plant Equipment	0.74	0.81	0.75	-0.26	0.71	0.53	0.5	0.9	0.74	0.55		0.84	0.64	0.89	0.85	0.88	0.14	0.45	0.94	0.57	0.57	0.72	0.48	0.7	0.56	0.73
Total Assets	0.95	0.96	0.93	-0.7	0.5	0.81	0.85	0.88	0.98	0.79	0.84		0.88	0.98	0.96	0.84	-0.17	0.82	0.93	0.86	0.85	0.97	0.77	0.95	0.89	0.97
Short Long Term Debt Total	0.87	0.91	0.92	-0.68	0.64	0.92	0.89	0.85	0.94	0.85	0.64	0.88		0.89	0.73	0.6	-0.52	0.92	0.69	0.98	0.93	0.94	0.83	0.78	0.83	0.82
Total Stockholder Equity	0.93	0.97	0.93	-0.63	0.63	0.81	0.82	0.94	0.95	0.78	0.89	0.98	0.89		0.93	0.87	-0.21	0.79	0.94	0.86	0.84	0.95	0.76	0.88	0.83	0.91
Other Liab	0.94	0.92	0.88	-0.69	0.37	0.73	0.79	0.81	0.91	0.73	0.85	0.96	0.73	0.93		0.92	-0.03	0.73	0.95	0.72	0.77	0.9	0.74	0.93	0.87	0.95
Property Plant And Equipment Net	0.84	0.86	0.8	-0.52	0.5	0.63	0.66	0.86	0.75	0.63	0.88	0.84	0.6	0.87	0.92		-0.05	0.56	0.9	0.6	0.67	0.75	0.67	0.71	0.71	0.76
Net Debt	-0.34	-0.36	-0.43	0.54	-0.25	-0.65	-0.6	-0.3	-0.32	-0.57	0.14	-0.17	-0.52	-0.21	-0.03	-0.05		-0.64	0.13	-0.63	-0.63	-0.35	-0.66	-0.05	-0.43	-0.11
Cash	0.91	0.88	0.92	-0.89	0.36	0.97	0.99	0.7	0.92	0.91	0.45	0.82	0.92	0.79	0.73	0.56	-0.64		0.57	0.97	0.98	0.92	0.95	0.79	0.95	0.83
Non Current Assets Total	0.83	0.86	0.79	-0.47	0.51	0.58	0.63	0.85	0.84	0.59	0.94	0.93	0.69	0.94	0.95	0.9	0.13	0.57		0.63	0.63	0.83	0.55	0.86	0.7	0.88
Non Currrent Assets Other	0.89	0.92	0.93	-0.78	0.56	0.97	0.95	0.82	0.93	0.9	0.57	0.86	0.98	0.86	0.72	0.6	-0.63	0.97	0.63		0.97	0.94	0.91	0.76	0.89	0.81
Long Term Debt	0.93	0.93	0.96	-0.82	0.51	1.0	0.98	0.8	0.92	0.93	0.57	0.85	0.93	0.84	0.77	0.67	-0.63	0.98	0.63	0.97		0.92	0.98	0.76	0.93	0.81
Cash And Short Term Investments	0.97	0.96	0.96	-0.8	0.46	0.9	0.93	0.84	1.0	0.86	0.72	0.97	0.94	0.95	0.9	0.75	-0.35	0.92	0.83	0.94	0.92		0.86	0.94	0.94	0.96
Common Stock Total Equity	0.92	0.88	0.92	-0.88	0.37	0.98	0.97	0.72	0.86	0.91	0.48	0.77	0.83	0.76	0.74	0.67	-0.66	0.95	0.55	0.91	0.98	0.86		0.7	0.94	0.76
Non Current Liabilities Total	0.91	0.86	0.84	-0.76	0.24	0.73	0.82	0.69	0.94	0.73	0.7	0.95	0.78	0.88	0.93	0.71	-0.05	0.79	0.86	0.76	0.76	0.94	0.7		0.9	1.0
Other Stockholder Equity	0.97	0.91	0.93	-0.93	0.24	0.92	0.98	0.7	0.94	0.89	0.56	0.89	0.83	0.83	0.87	0.71	-0.43	0.95	0.7	0.89	0.93	0.94	0.94	0.9		0.92
Total Liab	0.94	0.9	0.89	-0.78	0.31	0.78	0.85	0.75	0.96	0.77	0.73	0.97	0.82	0.91	0.95	0.76	-0.11	0.83	0.88	0.81	0.81	0.96	0.76	1.0	0.92

Click cells to compare fundamentals

Skillz Platform Account Relationship Matchups

Skillz Platform fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	7.5M	25.3M	64.7M	45.7M	51.8M	36.5M
Total Current Liabilities	10.5M	47.4M	86.8M	49.5M	54.8M	47.5M
Net Tangible Assets	18.7M	235.0M	457.7M	278.4M	320.2M	200.5M
Retained Earnings	(90.3M)	(215.3M)	(419.7M)	(873.1M)	(979.8M)	(930.8M)
Accounts Payable	2.9M	22.0M	19.8M	1.7M	1.7M	1.6M
Other Assets	116K	3.9M	3.5M	3.8M	4.3M	2.5M
Other Current Assets	4.4M	10.5M	16.7M	4.7M	6.4M	8.2M
Total Current Assets	35.1M	273.2M	590.6M	501.7M	324.4M	320.8M
Common Stock	29K	37K	40K	41K	47.2K	34.7K
Property Plant Equipment	3.6M	5.3M	24.5M	3.5M	4.0M	3.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

MSFT	Microsoft
GOOG	Alphabet Inc Class C
C	Citigroup

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:

How To Invest In Skillz

Details

Is Skillz Stock a good investment?

Details

What is Skillz Platform's Net Worth?

Details

Largest Interactive Home Entertainment Companies

View

Largest Electronic Gaming & Multimedia Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Transaction History View history of all your transactions and understand their impact on performance
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators

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

(5.11)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Skillz Change In Cash vs Begin Period Cash Flow Analysis

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

Correlation Coefficient

Change In Cash

Begin Period Cash Flow

Skillz Platform fundamental ratios Correlations

Skillz Platform Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skillz Platform fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Skillz Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Other Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Cash	+ 0.99	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.98	Other Current Liab
Net Tangible Assets	+ 0.98	Other Current Liab

Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Cash	- 0.89	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings
Long Term Debt	- 0.82	Retained Earnings
Retained Earnings	- 0.82	Other Current Liab