Skillz Selling And Marketing Expenses vs Other Operating Expenses Analysis

SKLZ Stock

USD 7.04 0.08 1.12%

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 Selling And Marketing Expenses and its Other Operating Expenses 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 tightly coupled 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.

Selling And Marketing Expenses vs Other Operating Expenses

Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillz Platform Selling And Marketing Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Skillz Platform's Selling And Marketing Expenses and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses 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 Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Skillz Platform are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., Skillz Platform's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Selling And Marketing Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Skillz Platform. It is also known as Skillz Platform overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 tightly coupled 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 0.70 in 2024, whereas Selling General Administrative is likely to drop slightly above 86.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	359.4M	239.0M	134.7M	204.2M
Total Revenue	384.1M	269.7M	150.1M	220.9M

Gross Profit Total Revenue

Skillz Platform fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Common Stock Shares Outstanding	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab
Other Current Liab		0.98	0.98	-0.82	0.43	0.92	0.94	0.84	0.97	0.89	0.74	0.95	0.87	0.93	0.94	0.84	-0.34	0.91	0.83	0.89	0.93	0.97	0.92	0.91	0.97	0.94
Total Current Liabilities	0.98		0.98	-0.72	0.6	0.91	0.91	0.93	0.97	0.87	0.81	0.96	0.91	0.97	0.92	0.86	-0.36	0.88	0.86	0.92	0.93	0.96	0.88	0.86	0.91	0.9
Net Tangible Assets	0.98	0.98		-0.77	0.55	0.95	0.94	0.9	0.97	0.94	0.75	0.93	0.92	0.93	0.88	0.8	-0.43	0.92	0.79	0.93	0.96	0.96	0.92	0.84	0.93	0.89
Retained Earnings	-0.82	-0.72	-0.77		0.05	-0.81	-0.92	-0.47	-0.77	-0.81	-0.26	-0.7	-0.68	-0.63	-0.69	-0.52	0.54	-0.89	-0.47	-0.78	-0.82	-0.8	-0.88	-0.76	-0.93	-0.78
Accounts Payable	0.43	0.6	0.55	0.05		0.5	0.33	0.79	0.49	0.41	0.71	0.5	0.64	0.63	0.37	0.5	-0.25	0.36	0.51	0.56	0.51	0.46	0.37	0.24	0.24	0.31
Other Assets	0.92	0.91	0.95	-0.81	0.5		0.97	0.77	0.91	0.92	0.53	0.81	0.92	0.81	0.73	0.63	-0.65	0.97	0.58	0.97	1.0	0.9	0.98	0.73	0.92	0.78
Common Stock Shares Outstanding	0.94	0.91	0.94	-0.92	0.33	0.97		0.73	0.92	0.92	0.5	0.85	0.89	0.82	0.79	0.66	-0.6	0.99	0.63	0.95	0.98	0.93	0.97	0.82	0.98	0.85
Other Current Assets	0.84	0.93	0.9	-0.47	0.79	0.77	0.73		0.84	0.78	0.9	0.88	0.85	0.94	0.81	0.86	-0.3	0.7	0.85	0.82	0.8	0.84	0.72	0.69	0.7	0.75
Total Current Assets	0.97	0.97	0.97	-0.77	0.49	0.91	0.92	0.84		0.87	0.74	0.98	0.94	0.95	0.91	0.75	-0.32	0.92	0.84	0.93	0.92	1.0	0.86	0.94	0.94	0.96
Common Stock	0.89	0.87	0.94	-0.81	0.41	0.92	0.92	0.78	0.87		0.55	0.79	0.85	0.78	0.73	0.63	-0.57	0.91	0.59	0.9	0.93	0.86	0.91	0.73	0.89	0.77
Property Plant Equipment	0.74	0.81	0.75	-0.26	0.71	0.53	0.5	0.9	0.74	0.55		0.84	0.64	0.89	0.85	0.88	0.14	0.45	0.94	0.57	0.57	0.72	0.48	0.7	0.56	0.73
Total Assets	0.95	0.96	0.93	-0.7	0.5	0.81	0.85	0.88	0.98	0.79	0.84		0.88	0.98	0.96	0.84	-0.17	0.82	0.93	0.86	0.85	0.97	0.77	0.95	0.89	0.97
Short Long Term Debt Total	0.87	0.91	0.92	-0.68	0.64	0.92	0.89	0.85	0.94	0.85	0.64	0.88		0.89	0.73	0.6	-0.52	0.92	0.69	0.98	0.93	0.94	0.83	0.78	0.83	0.82
Total Stockholder Equity	0.93	0.97	0.93	-0.63	0.63	0.81	0.82	0.94	0.95	0.78	0.89	0.98	0.89		0.93	0.87	-0.21	0.79	0.94	0.86	0.84	0.95	0.76	0.88	0.83	0.91
Other Liab	0.94	0.92	0.88	-0.69	0.37	0.73	0.79	0.81	0.91	0.73	0.85	0.96	0.73	0.93		0.92	-0.03	0.73	0.95	0.72	0.77	0.9	0.74	0.93	0.87	0.95
Property Plant And Equipment Net	0.84	0.86	0.8	-0.52	0.5	0.63	0.66	0.86	0.75	0.63	0.88	0.84	0.6	0.87	0.92		-0.05	0.56	0.9	0.6	0.67	0.75	0.67	0.71	0.71	0.76
Net Debt	-0.34	-0.36	-0.43	0.54	-0.25	-0.65	-0.6	-0.3	-0.32	-0.57	0.14	-0.17	-0.52	-0.21	-0.03	-0.05		-0.64	0.13	-0.63	-0.63	-0.35	-0.66	-0.05	-0.43	-0.11
Cash	0.91	0.88	0.92	-0.89	0.36	0.97	0.99	0.7	0.92	0.91	0.45	0.82	0.92	0.79	0.73	0.56	-0.64		0.57	0.97	0.98	0.92	0.95	0.79	0.95	0.83
Non Current Assets Total	0.83	0.86	0.79	-0.47	0.51	0.58	0.63	0.85	0.84	0.59	0.94	0.93	0.69	0.94	0.95	0.9	0.13	0.57		0.63	0.63	0.83	0.55	0.86	0.7	0.88
Non Currrent Assets Other	0.89	0.92	0.93	-0.78	0.56	0.97	0.95	0.82	0.93	0.9	0.57	0.86	0.98	0.86	0.72	0.6	-0.63	0.97	0.63		0.97	0.94	0.91	0.76	0.89	0.81
Long Term Debt	0.93	0.93	0.96	-0.82	0.51	1.0	0.98	0.8	0.92	0.93	0.57	0.85	0.93	0.84	0.77	0.67	-0.63	0.98	0.63	0.97		0.92	0.98	0.76	0.93	0.81
Cash And Short Term Investments	0.97	0.96	0.96	-0.8	0.46	0.9	0.93	0.84	1.0	0.86	0.72	0.97	0.94	0.95	0.9	0.75	-0.35	0.92	0.83	0.94	0.92		0.86	0.94	0.94	0.96
Common Stock Total Equity	0.92	0.88	0.92	-0.88	0.37	0.98	0.97	0.72	0.86	0.91	0.48	0.77	0.83	0.76	0.74	0.67	-0.66	0.95	0.55	0.91	0.98	0.86		0.7	0.94	0.76
Non Current Liabilities Total	0.91	0.86	0.84	-0.76	0.24	0.73	0.82	0.69	0.94	0.73	0.7	0.95	0.78	0.88	0.93	0.71	-0.05	0.79	0.86	0.76	0.76	0.94	0.7		0.9	1.0
Other Stockholder Equity	0.97	0.91	0.93	-0.93	0.24	0.92	0.98	0.7	0.94	0.89	0.56	0.89	0.83	0.83	0.87	0.71	-0.43	0.95	0.7	0.89	0.93	0.94	0.94	0.9		0.92
Total Liab	0.94	0.9	0.89	-0.78	0.31	0.78	0.85	0.75	0.96	0.77	0.73	0.97	0.82	0.91	0.95	0.76	-0.11	0.83	0.88	0.81	0.81	0.96	0.76	1.0	0.92

Click cells to compare fundamentals

Skillz Platform Account Relationship Matchups

Skillz Platform fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	7.5M	25.3M	64.7M	45.7M	51.8M	36.5M
Total Current Liabilities	10.5M	47.4M	86.8M	49.5M	54.8M	47.5M
Net Tangible Assets	18.7M	235.0M	457.7M	278.4M	320.2M	200.5M
Retained Earnings	(90.3M)	(215.3M)	(419.7M)	(873.1M)	(979.8M)	(930.8M)
Accounts Payable	2.9M	22.0M	19.8M	1.7M	1.7M	1.6M
Other Assets	116K	3.9M	3.5M	3.8M	4.3M	2.5M
Other Current Assets	4.4M	10.5M	16.7M	4.7M	6.4M	8.2M
Total Current Assets	35.1M	273.2M	590.6M	501.7M	324.4M	320.8M
Common Stock	29K	37K	40K	41K	47.2K	34.7K
Property Plant Equipment	3.6M	5.3M	24.5M	3.5M	4.0M	3.8M

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.

MSFT	Microsoft
CRM	Salesforce
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Skillz Selling And Marketing Expenses vs Other Operating Expenses Analysis

Selling And Marketing Expenses vs Other Operating Expenses

Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Selling And Marketing Expenses

Other Operating Expenses

Skillz Platform fundamental ratios Correlations

Skillz Platform Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skillz Platform fundamental ratios Accounts

Also Currently Popular

Additional Tools for Skillz Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Other Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Cash	+ 0.99	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.98	Other Current Liab
Net Tangible Assets	+ 0.98	Other Current Liab

Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Cash	- 0.89	Retained Earnings
Common Stock Total Equity	- 0.88	Retained Earnings
Long Term Debt	- 0.82	Retained Earnings
Retained Earnings	- 0.82	Other Current Liab