Skillz Price Book Value Ratio from 2010 to 2024
| SKLZ Stock | USD 6.53 0.09 1.40% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 0.63548464 | Current Value 0.6 | Quarterly Volatility 71.43596645 |
Check Skillz Platform financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skillz main balance sheet or income statement drivers, such as Tax Provision of 352.8 K, Depreciation And Amortization of 3 M or Interest Expense of 6.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0 or PTB Ratio of 0.6. Skillz financial statements analysis is a perfect complement when working with Skillz Platform Valuation or Volatility modules.
Skillz | Price Book Value Ratio |
Latest Skillz Platform's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Skillz Platform over the last few years. It is Skillz Platform's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skillz Platform's overall financial position and show how it may be relating to other accounts over time.
| Price Book Value Ratio | 10 Years Trend |
|
Price Book Value Ratio |
| Timeline |
Skillz Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 104.71 | |
| Geometric Mean | 36.69 | |
| Coefficient Of Variation | 68.22 | |
| Mean Deviation | 64.74 | |
| Median | 153.26 | |
| Standard Deviation | 71.44 | |
| Sample Variance | 5,103 | |
| Range | 153 | |
| R-Value | (0.83) | |
| Mean Square Error | 1,720 | |
| R-Squared | 0.69 | |
| Significance | 0.0001 | |
| Slope | (13.24) | |
| Total Sum of Squares | 71,443 |
Skillz Price Book Value Ratio History
About Skillz Platform Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Skillz Platform income statement, its balance sheet, and the statement of cash flows. Skillz Platform investors use historical funamental indicators, such as Skillz Platform's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Skillz Platform investors may use each financial statement separately, they are all related. The changes in Skillz Platform's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skillz Platform's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Skillz Platform Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Skillz Platform. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | 0.64 | 0.60 |
Currently Active Assets on Macroaxis
When determining whether Skillz Platform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skillz Platform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skillz Platform Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skillz Platform Stock:Check out the analysis of Skillz Platform Correlation against competitors. For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary 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.
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Is Skillz Platform's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skillz Platform. If investors know Skillz will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skillz Platform listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 30.538 | Earnings Share (5.11) | Revenue Per Share 7.185 | Quarterly Revenue Growth (0.32) | Return On Assets (0.14) |
The market value of Skillz Platform is measured differently than its book value, which is the value of Skillz that is recorded on the company's balance sheet. Investors also form their own opinion of Skillz Platform's value that differs from its market value or its book value, called intrinsic value, which is Skillz Platform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skillz Platform's market value can be influenced by many factors that don't directly affect Skillz Platform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skillz Platform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillz Platform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillz Platform's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.