Skillz Platform Stock Cash Per Share

SKLZ Stock  USD 4.54  0.10  2.16%   
Skillz Platform fundamentals help investors to digest information that contributes to Skillz Platform's financial success or failures. It also enables traders to predict the movement of Skillz Stock. The fundamental analysis module provides a way to measure Skillz Platform's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skillz Platform stock.
Last ReportedProjected for Next Year
Cash Per Share 14.46  11.34 
Cash Per Share is likely to drop to 11.34 in 2024.
  
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Skillz Platform Company Cash Per Share Analysis

Skillz Platform's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Skillz Platform Cash Per Share

    
  1.12 X  
Most of Skillz Platform's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skillz Platform is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Skillz Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Skillz Platform is extremely important. It helps to project a fair market value of Skillz Stock properly, considering its historical fundamentals such as Cash Per Share. Since Skillz Platform's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skillz Platform's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skillz Platform's interrelated accounts and indicators.
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Click cells to compare fundamentals

Skillz Cash Per Share Historical Pattern

Today, most investors in Skillz Platform Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skillz Platform's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Skillz Platform cash per share as a starting point in their analysis.
   Skillz Platform Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Skillz Common Stock Shares Outstanding

Common Stock Shares Outstanding

19.84 Million

At this time, Skillz Platform's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Skillz Platform has a Cash Per Share of 1.12 times. This is 36.0% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The cash per share for all United States stocks is 77.64% higher than that of the company.

Skillz Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skillz Platform's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skillz Platform could also be used in its relative valuation, which is a method of valuing Skillz Platform by comparing valuation metrics of similar companies.
Skillz Platform is currently under evaluation in cash per share category among its peers.

Skillz Platform ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skillz Platform's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skillz Platform's managers, analysts, and investors.
Environmental
Governance
Social

Skillz Fundamentals

About Skillz Platform Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skillz Platform's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillz Platform using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillz Platform based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.