Skillz Balance Sheet Health
Financial Health criteria checks 6/6
Skillz has a total shareholder equity of $199.5M and total debt of $125.2M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are $390.2M and $190.7M respectively.
Key information
62.8%
Debt to equity ratio
US$125.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$301.44m |
| Equity | US$199.46m |
| Total liabilities | US$190.72m |
| Total assets | US$390.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKLZ *'s short term assets ($321.8M) exceed its short term liabilities ($55.5M).
Long Term Liabilities: SKLZ *'s short term assets ($321.8M) exceed its long term liabilities ($135.2M).
Debt to Equity History and Analysis
Debt Level: SKLZ * has more cash than its total debt.
Reducing Debt: SKLZ *'s debt to equity ratio has reduced from 78.3% to 62.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SKLZ * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SKLZ * has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.8% each year