Skillz Return On Equity from 2010 to 2024

SKLZ Stock  USD 4.57  0.07  1.51%   
Skillz Platform Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to -0.51 in 2024. Return On Equity is a measure of the profitability of Skillz Platform in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.48)
Current Value
(0.51)
Quarterly Volatility
12.67630355
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skillz Platform financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skillz Platform's main balance sheet or income statement drivers, such as Tax Provision of 352.8 K, Depreciation And Amortization of 1.9 M or Interest Expense of 6.3 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0 or PTB Ratio of 0.59. Skillz financial statements analysis is a perfect complement when working with Skillz Platform Valuation or Volatility modules.
  
Check out the analysis of Skillz Platform Correlation against competitors.
For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.

Latest Skillz Platform's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Skillz Platform over the last few years. Return on Equity is the amount of Skillz Platform net income returned as a percentage of Skillz Platform equity. Return on equity measures Skillz Platform profitability by revealing how much profit Skillz Platform generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Skillz Platform's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skillz Platform's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.1710 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Skillz Return On Equity Regression Statistics

Arithmetic Mean(15.82)
Coefficient Of Variation(80.12)
Mean Deviation11.99
Median(25.82)
Standard Deviation12.68
Sample Variance160.69
Range25.527
R-Value0.85
Mean Square Error47.20
R-Squared0.73
Significance0.000053
Slope2.42
Total Sum of Squares2,250

Skillz Return On Equity History

2024 -0.51
2023 -0.48
2022 -1.58
2021 -0.29
2020 -0.52
2019 -1.6

About Skillz Platform Financial Statements

Skillz Platform investors use historical fundamental indicators, such as Skillz Platform's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Skillz Platform. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.48)(0.51)

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.

Additional 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.