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Skillz (NYSE:SKLZ) Scaled Net Operating Assets

: 0.06 (As of Mar. 2023)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Skillz's operating assets for the quarter that ended in Mar. 2023 was $108.1 Mil. Skillz's operating liabilities for the quarter that ended in Mar. 2023 was $69.4 Mil. Skillz's Total Assets for the quarter that ended in Dec. 2022 was $621.3 Mil. Therefore, Skillz's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 0.06.


Skillz Scaled Net Operating Assets Historical Data

The historical data trend for Skillz's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skillz Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
- - -5.30 1.22 0.08

Skillz Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Scaled Net Operating Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.36 0.30 0.10 0.06

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, Skillz's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Skillz Scaled Net Operating Assets Distribution

For the Interactive Media industry and Communication Services sector, Skillz's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Skillz's Scaled Net Operating Assets falls in comparison to its industry or sector. The grey bar indicates the Scaled Net Operating Assets's extreme value range as defined by GuruFocus.



Skillz Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Skillz's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(131.511-54.513)/1021.124
=0.08

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=621.295 - 489.784
=131.511

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=342.894 - 284.723 - 3.658
=54.513

Skillz's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Dec. 2022 )
=(108.054-69.366)/621.295
=0.06

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=612.162 - 504.108
=108.054

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=357.776 - 285.129 - 3.281
=69.366

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skillz Scaled Net Operating Assets Related Terms

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Skillz (NYSE:SKLZ) Business Description

Skillz logo
Traded in Other Exchanges
Address
P.O. Box 445, San francisco, CA, USA, 94104
Skillz Inc is a mobile game development company. Its platform helps developers build multi-million dollar franchises by enabling social competition in their games.
Executives
Seth Schorr director PO BOX 445, SAN FRANCISCO CA 94104
Jason Roswig officer: President & CFO PO BOX 445, SAN FRANCISCO CA 94104
Henry M. Hoffman director PO BOX 445, SAN FRANCISCO CA 94104
Shari Glazer director PO BOX 445, SAN FRANCISCO CA 94104
Doris Fritz-bianchi officer: Head of People SKILLZ INC C/O CHARLOTTE EDELMAN, SAN FRANCISCO CA 94104
Vatsal Bhardwaj officer: Chief Product Officer SKILLZ INC C/O CHARLOTTE EDELMAN, SAN FRANCISCO CA 94104
Stanley Mbugua officer: Chief Accounting Officer SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Ian J Lee officer: Chief Financial Officer C/O SKILLZ INC., P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Christopher S Gaffney director C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Jerome Leon Bruckheimer director PHILPOTT MEEKS, 10030 VENTURA BOULEVARD, SUITE 380, ENCINO CA 91436
Scott D Henry officer: Chief Financial Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kent Wakeford director SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Vandana Mehta-krantz director SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Miriam Aguirre officer: Chief Technology Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Favian Garcia officer: Controller SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445

Skillz (NYSE:SKLZ) Headlines

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