DraftKings Inc - Asset Resilience Ratio

Latest as of September 2022: 0.78%

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. Check DraftKings Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$32.68 Million
Cash + Short-term Investments

Total Assets

$4.19 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2020)

This chart shows how DraftKings Inc's Asset Resilience Ratio has changed over time. See DraftKings Inc net asset quality index to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market cap of DraftKings Inc.

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
Ainsworth Game Technology Ltd
AU:AGI
Gambling 0.00%
Aristocrat Leisure Ltd
AU:ALL
Gambling 12.43%
The Lottery Corporation Ltd
AU:TLC
Gambling 1.43%
Light & Wonder Inc
AU:LNW
Gambling 3.63%
Tabcorp Holdings Ltd
AU:TAH
Gambling 6.96%
Jumbo Interactive Ltd
AU:JIN
Gambling 3.67%
Pointsbet Holdings Ltd
AU:PBH
Gambling 4.14%
Pollard Banknote Limited
TO:PBL
Gambling -4.43%

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 --
pp = percentage points

About DraftKings Inc

NASDAQ:DKNG USA Gambling
Market Cap
$13.08 Billion
Market Cap Rank
#1885 Global
#701 in USA
Share Price
$26.39
Change (1 day)
+0.27%
52-Week Range
$20.72 - $48.23
All Time High
$71.98
About

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