DraftKings Total Current Liabilities from 2010 to 2025

DKNG Stock  USD 30.59  0.45  1.49%   
DraftKings' Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is predicted to flatten to about 900.3 M. Total Current Liabilities is the total amount of liabilities that DraftKings is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2018-12-31
Previous Quarter
1.5 B
Current Value
1.3 B
Quarterly Volatility
557.3 M
 
Covid
Check DraftKings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DraftKings' main balance sheet or income statement drivers, such as Net Interest Income of 46.5 M, Depreciation And Amortization of 284.4 M or Interest Expense of 2.1 M, as well as many indicators such as Price To Sales Ratio of 3.57, Dividend Yield of 0.0 or PTB Ratio of 16.85. DraftKings financial statements analysis is a perfect complement when working with DraftKings Valuation or Volatility modules.
  
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Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.

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When determining whether DraftKings is a strong investment it is important to analyze DraftKings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DraftKings' future performance. For an informed investment choice regarding DraftKings Stock, refer to the following important reports:
Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotels, Restaurants & Leisure space 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 DraftKings. If investors know DraftKings 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 DraftKings 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
1.846
Earnings Share
(0.65)
Revenue Per Share
11.017
Quarterly Revenue Growth
0.369
Return On Assets
(0.05)
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' 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 DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' 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 DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' 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.