Skillz Other Liab vs Long Term Debt Analysis

SKLZ Stock  USD 4.54  0.03  0.66%   
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 Other Liab and its Long Term Debt 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.

Other Liab vs Long Term Debt

Other Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillz Platform Other Liab account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Skillz Platform's Other Liab and Long Term Debt is 0.72. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Long Term Debt 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 Other Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Skillz Platform are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Liab i.e., Skillz Platform's Other Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Long Term Debt

Long-term debt is a debt that Skillz Platform has held for over one year. Long-term debt appears on Skillz Platform balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Skillz Platform balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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0.860.860.84-0.760.240.730.820.690.940.730.70.950.780.880.930.71-0.050.790.860.760.780.940.70.911.0
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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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.