Skillz Platform Stock Shares Outstanding
| SKLZ Stock | USD 6.85 0.51 8.04% |
Skillz Platform fundamentals help investors to digest information that contributes to Skillz Platform's financial success or failures. It also enables traders to predict the movement of Skillz Stock. The fundamental analysis module provides a way to measure Skillz Platform's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skillz Platform stock.
Common Stock Shares Outstanding is likely to drop to about 19.8 M in 2024. Skillz | Shares Outstanding |
Skillz Platform Company Shares Outstanding Analysis
Skillz Platform's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Skillz Platform Shares Outstanding | 14.6 M |
Most of Skillz Platform's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skillz Platform is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Skillz Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Skillz Platform is extremely important. It helps to project a fair market value of Skillz Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Skillz Platform's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skillz Platform's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skillz Platform's interrelated accounts and indicators.
Click cells to compare fundamentals
Skillz Shares Outstanding Historical Pattern
Today, most investors in Skillz Platform Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skillz Platform's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Skillz Platform shares outstanding as a starting point in their analysis.
Skillz Platform Shares Outstanding |
| Timeline |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Skillz Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, Skillz Platform has 14.6 M of shares currently outstending. This is 99.67% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The shares outstanding for all United States stocks is 97.45% higher than that of the company.
Skillz Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skillz Platform's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skillz Platform could also be used in its relative valuation, which is a method of valuing Skillz Platform by comparing valuation metrics of similar companies.Skillz Platform is currently under evaluation in shares outstanding category among related companies.
Skillz Platform ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skillz Platform's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skillz Platform's managers, analysts, and investors.Environmental | Governance | Social |
Skillz Fundamentals
| Return On Equity | -0.45 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (0.75) % | |||
| Operating Margin | (1.06) % | |||
| Current Valuation | (45.67 M) | |||
| Shares Outstanding | 14.6 M | |||
| Shares Owned By Insiders | 18.64 % | |||
| Shares Owned By Institutions | 34.80 % | |||
| Number Of Shares Shorted | 2.12 M | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 150.11 M | |||
| Gross Profit | 238.99 M | |||
| EBITDA | (113.99 M) | |||
| Net Income | (106.69 M) | |||
| Cash And Equivalents | 470.47 M | |||
| Cash Per Share | 1.12 X | |||
| Total Debt | 135.87 M | |||
| Debt To Equity | 0.59 % | |||
| Current Ratio | 8.61 X | |||
| Book Value Per Share | 10.12 X | |||
| Cash Flow From Operations | (69.62 M) | |||
| Short Ratio | 17.58 X | |||
| Earnings Per Share | (4.90) X | |||
| Target Price | 9.67 | |||
| Beta | 2.77 | |||
| Market Capitalization | 109.26 M | |||
| Total Asset | 395.5 M | |||
| Retained Earnings | (979.8 M) | |||
| Working Capital | 452.19 M | |||
| Net Asset | 395.5 M |
About Skillz Platform Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Skillz Platform's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillz Platform using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillz Platform based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Skillz Platform Piotroski F Score and Skillz Platform Altman Z Score analysis. For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
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 (4.90) | Revenue Per Share 6.455 | Quarterly Revenue Growth (0.43) | 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.