Debt-to-EBITDA measures a company's ability to pay off its debt.
Skillz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.3 Mil. Skillz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $285.1 Mil. Skillz's annualized EBITDA for the quarter that ended in Mar. 2023 was $-125.6 Mil.
Skillz's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -2.30.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Skillz's Debt-to-EBITDA or its related term are showing as below:
SKLZ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.53 Med: -0.73 Max: -0.47
Current: -0.98
During the past 5 years, the highest Debt-to-EBITDA Ratio of Skillz was -0.47. The lowest was -1.53. And the median was -0.73.
SKLZ's Debt-to-EBITDA is ranked worse than 100% of 277
companies
in the Interactive Media industry
Industry Median: 0.78
vs SKLZ: -0.98
Skillz Debt-to-EBITDA Historical Data
The historical data trend for Skillz's Debt-to-EBITDA 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
Debt-to-EBITDA
-
-0.47
-
-1.53
-0.73
Skillz Quarterly Data
Dec18
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Debt-to-EBITDA
-0.55
-1.57
-1.03
-0.50
-2.30
Competitive Comparison
For the Electronic Gaming & Multimedia subindustry, Skillz's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution
For the Interactive Media industry and Communication Services sector, Skillz's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Skillz's Debt-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the Debt-to-EBITDA's extreme value range as defined by GuruFocus.
Skillz Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Skillz's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2023) EBITDA data.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Skillz Debt-to-EBITDA Related Terms
Thank you for viewing the detailed overview of Skillz's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Skillz Inc is a mobile game development company. Its platform helps developers build multi-million dollar franchises by enabling social competition in their games.
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