Skillz Non Current Liabilities Total vs Other Stockholder Equity Analysis

SKLZ Stock  USD 4.64  0.27  5.50%   
Skillz Platform financial indicator trend analysis is much more than just breaking down Skillz Platform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skillz Platform is a good investment. Please check the relationship between Skillz Platform Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillz Platform Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Skillz Platform's Non Current Liabilities Total and Other Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Skillz Platform, assuming nothing else is changed. The correlation between historical values of Skillz Platform's Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Skillz Platform are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Skillz Platform's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from Skillz Platform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skillz Platform current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.At this time, Skillz Platform's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.67 in 2024, whereas Selling General Administrative is likely to drop slightly above 86.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M24.0M3.2M6.3M
Depreciation And Amortization11.7M13.2M2.0M1.9M

Skillz Platform fundamental ratios Correlations

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0.980.98-0.720.60.910.910.930.970.870.810.960.910.970.920.86-0.360.880.860.920.910.960.880.860.890.9
0.970.98-0.770.550.950.940.90.970.940.750.930.920.930.880.8-0.430.920.790.930.920.960.920.840.910.89
-0.76-0.72-0.770.05-0.81-0.92-0.47-0.77-0.81-0.26-0.7-0.68-0.63-0.69-0.520.54-0.89-0.47-0.78-0.67-0.8-0.88-0.76-0.93-0.78
0.490.60.550.050.50.330.790.490.410.710.50.640.630.370.5-0.250.360.510.560.640.460.370.240.180.31
0.880.910.95-0.810.50.970.770.910.920.530.810.920.810.730.63-0.650.970.580.970.920.90.980.730.880.78
0.90.910.94-0.920.330.970.730.920.920.50.850.890.820.790.66-0.60.990.630.950.890.930.970.820.950.85
0.880.930.9-0.470.790.770.730.840.780.90.880.850.940.810.86-0.30.70.850.820.850.840.720.690.660.75
0.940.970.97-0.770.490.910.920.840.870.740.980.940.950.910.75-0.320.920.840.930.941.00.860.940.920.96
0.860.870.94-0.810.410.920.920.780.870.550.790.850.780.730.63-0.570.910.590.90.850.860.910.730.860.77
0.80.810.75-0.260.710.530.50.90.740.550.840.640.890.850.880.140.450.940.570.640.720.480.70.550.73
0.940.960.93-0.70.50.810.850.880.980.790.840.880.980.960.84-0.170.820.930.860.880.970.770.950.880.97
0.830.910.92-0.680.640.920.890.850.940.850.640.880.890.730.6-0.520.920.690.981.00.940.830.780.790.82
0.940.970.93-0.630.630.810.820.940.950.780.890.980.890.930.87-0.210.790.940.860.890.950.760.880.820.91
0.950.920.88-0.690.370.730.790.810.910.730.850.960.730.930.92-0.030.730.950.720.720.90.740.930.890.95
0.910.860.8-0.520.50.630.660.860.750.630.880.840.60.870.92-0.050.560.90.60.590.750.670.710.720.76
-0.31-0.36-0.430.54-0.25-0.65-0.6-0.3-0.32-0.570.14-0.17-0.52-0.21-0.03-0.05-0.640.13-0.63-0.52-0.35-0.66-0.05-0.36-0.11
0.850.880.92-0.890.360.970.990.70.920.910.450.820.920.790.730.56-0.640.570.970.920.920.950.790.920.83
0.860.860.79-0.470.510.580.630.850.840.590.940.930.690.940.950.90.130.570.630.690.830.550.860.710.88
0.850.920.93-0.780.560.970.950.820.930.90.570.860.980.860.720.6-0.630.970.630.980.940.910.760.840.81
0.830.910.92-0.670.640.920.890.850.940.850.640.881.00.890.720.59-0.520.920.690.980.940.820.780.790.82
0.930.960.96-0.80.460.90.930.841.00.860.720.970.940.950.90.75-0.350.920.830.940.940.860.940.930.96
0.890.880.92-0.880.370.980.970.720.860.910.480.770.830.760.740.67-0.660.950.550.910.820.860.70.910.76
0.860.860.84-0.760.240.730.820.690.940.730.70.950.780.880.930.71-0.050.790.860.760.780.940.70.911.0
0.920.890.91-0.930.180.880.950.660.920.860.550.880.790.820.890.72-0.360.920.710.840.790.930.910.910.93
0.90.90.89-0.780.310.780.850.750.960.770.730.970.820.910.950.76-0.110.830.880.810.820.960.761.00.93
Click cells to compare fundamentals

Skillz Platform Account Relationship Matchups

Skillz Platform fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.5M25.3M68.7M33.2M51.8M35.0M
Total Current Liabilities10.5M47.4M86.8M49.5M54.8M47.5M
Net Tangible Assets18.7M235.0M457.7M278.4M320.2M200.5M
Retained Earnings(90.3M)(215.3M)(419.7M)(873.1M)(979.8M)(930.8M)
Accounts Payable2.9M22.0M19.8M1.7M1.7M1.6M
Other Assets116K3.9M3.5M3.8M4.3M2.5M
Other Current Assets4.4M10.5M16.7M4.7M6.4M8.2M
Total Current Assets35.1M273.2M590.6M501.7M324.4M320.8M
Common Stock29K37K40K41K47.2K34.7K
Property Plant Equipment3.6M5.3M24.5M3.5M4.0M3.8M

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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.