Skillz Balance Sheet Health
Financial Health criteria checks 6/6
Skillz has a total shareholder equity of $182.1M and total debt of $124.3M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are $382.4M and $200.3M respectively.
Key information
68.3%
Debt to equity ratio
US$124.35m
Debt
Interest coverage ratio | n/a |
Cash | US$290.60m |
Equity | US$182.07m |
Total liabilities | US$200.28m |
Total assets | US$382.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKLZ *'s short term assets ($311.6M) exceed its short term liabilities ($65.0M).
Long Term Liabilities: SKLZ *'s short term assets ($311.6M) exceed its long term liabilities ($135.3M).
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 261.2% to 68.3% 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 21% each year