Skillz (NYSE:SKLZ) Equity-to-Asset

: 0.42 (As of Mar. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skillz's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $254.4 Mil. Skillz's Total Assets for the quarter that ended in Mar. 2023 was $612.2 Mil. Therefore, Skillz's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.42.

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

SKLZ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.59 Max: 0.87
Current: 0.42

During the past 5 years, the highest Equity to Asset Ratio of Skillz was 0.87. The lowest was 0.20. And the median was 0.59.

SKLZ's Equity-to-Asset is ranked worse than
75.21% of 609 companies
in the Interactive Media industry
Industry Median: 0.65 vs SKLZ: 0.42

Skillz Equity-to-Asset Historical Data

The historical data trend for Skillz's Equity-to-Asset 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

Equity-to-Asset

0.48

0.20

0.60

0.45

Skillz Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Equity-to-Asset											0.59	0.59	0.56	0.45	0.42

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, Skillz's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Annual Data Quarterly Data

Skillz Equity-to-Asset Distribution

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

* The bar in red indicates where Skillz's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.

Skillz Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Skillz's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	278.401	/	621.295
	=	0.45

Skillz's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	254.386	/	612.162
	=	0.42

Skillz (NYSE:SKLZ) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Skillz Equity-to-Asset Related Terms

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

Skillz (NYSE:SKLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Skillz Inc (NYSE:SKLZ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SKLZ:Mexico

Address

P.O. Box 445, San francisco, CA, USA, 94104

Website

https://www.skillz.com

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