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. Read DraftKings Inc (DKNG) financial obligations for a breakdown of total debt and financial obligations.

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 book value and equity for net asset value and shareholders' equity analysis.

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
Lottery.com, Inc. Common Stock NASDAQ:LTRY	Gambling	472211.99%
bet-at-home.com AG F:ACX	Gambling	17.38%
The Lottery Corporation Ltd AU:TLC	Gambling	12.50%
Light & Wonder Inc AU:LNW	Gambling	3.63%
Tabcorp Holdings Ltd AU:TAH	Gambling	6.96%
Jumbo Interactive Ltd AU:JIN	Gambling	3.67%
Ainsworth Game Technology Ltd AU:AGI	Gambling	0.00%
Pointsbet Holdings Ltd AU:PBH	Gambling	4.14%

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

$11.40 Billion

Market Cap Rank

#2083 Global

#757 in USA

Share Price

$23.00

Change (1 day)

-1.37%

52-Week Range

$20.72 - $48.23

All Time High

$71.98