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
DateValue
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