Skillz (SKLZ) Interest Coverage Ratio (2020 - 2023)
Skillz (SKLZ) recorded quarterly Interest Coverage Ratio of 13.79 in Q3 2023, up 21.95% on a QoQ basis from 17.67 in Q2 2023, and down 9.69% year-over-year from 15.27 in Q3 2022.
Skillz (SKLZ) Interest Coverage Ratio (2020 - 2023) Analysis & Trends
Skillz has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 13.79 for Q3 2023.
- Quarterly Interest Coverage Ratio fell 9.69% year-over-year to 13.79 in Q3 2023, while the trailing twelve-month figure through Jun 2024 was 23.37 (down 11.6% YoY) and the FY2022 annual result came in at 17.56, up 92.7% from the prior year.
- Interest Coverage Ratio climbed to 13.79 in Q3 2023, from 17.67 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 7.39 in Q2 2022 and troughed at 2190.42 in Q1 2021.
- A 4-year average of 556.87 and a median of 49.98 in 2020 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio plunged 14727.46% — and 2022, when it surged 99.64%.
- Tracing SKLZ's Interest Coverage Ratio over 4 years: stood at 1600.54 in 2020, then jumped by 93.92% to 97.25 in 2021, then increased by 23.81% to 74.1 in 2022, then surged by 81.39% to 13.79 in 2023.
- Business Quant data shows SKLZ's Interest Coverage Ratio at 13.79 in Q3 2023, 17.67 in Q2 2023, and 9.18 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | - |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | - |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | -29.40 |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | -2.05 |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | - |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | - |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | 8.93 |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | - |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | -8.69 |
| 10 | Playstudios | 70.83 Mn | -32.85 Mn | 37.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -13.79 |
| Jun 30, 2023 | -17.67 |
| Mar 31, 2023 | -9.18 |
| Dec 31, 2022 | -74.10 |
| Sep 30, 2022 | -12.57 |
| Jun 30, 2022 | -7.39 |
| Mar 31, 2022 | -17.91 |
| Dec 31, 2021 | -97.25 |
| Sep 30, 2021 | -966.24 |
| Jun 30, 2021 | -2,062.52 |
| Mar 31, 2021 | -2,190.42 |
| Dec 31, 2020 | -1,600.54 |
| Sep 30, 2020 | -1,219.54 |
| Jun 30, 2020 | -13.91 |
| Mar 31, 2020 | -49.98 |