DraftKings Inc
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot… Read more
DraftKings Inc - Asset Resilience Ratio
DraftKings Inc (DKNG) has an Asset Resilience Ratio of 0.78% as of September 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2020)
This chart shows how DraftKings Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down DraftKings Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $32.68 Million | 0.78% |
| Total Liquid Assets | $32.68 Million | 0.78% |
Asset Resilience Insights
- Limited Liquidity: DraftKings Inc maintains only 0.78% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
DraftKings Inc Industry Peers by Asset Resilience Ratio
Compare DraftKings Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
RGB International Bhd
KLSE:0037 |
Gambling | 12.95% |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ |
Gambling | 0.00% |
|
Olympia Industries Bhd
KLSE:3018 |
Gambling | 1.07% |
|
Magnum Bhd
KLSE:3859 |
Gambling | 0.37% |
|
bet-at-home.com AG
F:ACX |
Gambling | 17.38% |
|
Apple iSports Group Inc
OTCQB:AAPI |
Gambling | 0.03% |
|
Accel Entertainment Inc
NYSE:ACEL |
Gambling | 1.82% |
|
PlayAGS Inc
NYSE:AGS |
Gambling | 0.61% |
Annual Asset Resilience Ratio for DraftKings Inc (2020–2020)
The table below shows the annual Asset Resilience Ratio data for DraftKings Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.09% | $2.96 Million | $3.44 Billion | -- |