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Skillz (Skillz) Cash-to-Debt : 2.14 (As of Mar. 2024)


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What is Skillz Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Skillz's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.14.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Skillz could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Skillz's Cash-to-Debt or its related term are showing as below:

SKLZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.58   Med: 2.22   Max: No Debt
Current: 2.14

During the past 6 years, Skillz's highest Cash to Debt Ratio was No Debt. The lowest was 1.58. And the median was 2.22.

SKLZ's Cash-to-Debt is ranked worse than
60.85% of 585 companies
in the Interactive Media industry
Industry Median: 4.57 vs SKLZ: 2.14

Skillz Cash-to-Debt Historical Data

The historical data trend for Skillz's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Skillz Cash-to-Debt Chart

Skillz Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial 2.66 No Debt 1.89 1.70 2.22

Skillz Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial 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 Premium Member Only 1.75 2.56 2.45 2.22 2.14

Competitive Comparison of Skillz's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Skillz's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Skillz's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Skillz's Cash-to-Debt falls into.



Skillz Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Skillz's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Skillz's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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  (NYSE:SKLZ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Skillz Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Skillz's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Skillz (Skillz) Business Description

Traded in Other Exchanges
Address
P.O. Box 445, San francisco, CA, USA, 94104
Skillz Inc is a mobile game development company. It is engaged in re-inventing competitive mobile gaming and thereby expanding the mobile gaming market.
Executives
Jason Roswig officer: President & CFO PO BOX 445, SAN FRANCISCO CA 94104
Andrew Paradise director, officer: Chief Executive Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Andrew Dahlinghaus officer: General Counsel P.O. BOX 445, SAN FRANCISCO CA 94104
Kevin Chessen director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Elly Ryu officer: Controller/Head of Accounting 245 FIRST STREET, SUITE 1800, CAMBRIDGE MA 02142
Alvin Lobo officer: Chief Financial Officer P.O. BOX 445, SAN FRANCISCO CA 94104
Alexander Mandel director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Stanley Mbugua officer: Chief Accounting Officer SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Seth Schorr director 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
Harry Sloan director, 10 percent owner, officer: CEO, Chairman 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jerome Leon Bruckheimer director PHILPOTT MEEKS, 10030 VENTURA BOULEVARD, SUITE 380, ENCINO CA 91436
Christopher S Gaffney director C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Casey Chafkin director, officer: Chief Revenue Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445

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