Shareholders Equity ratio Analysis of DraftKings Inc - Deep Dive


Shareholders Equity of DKNG
Dec-23
21.30
Not Good Shareholders Equity
Dec-22
32.74
Not Good Shareholders Equity
Growth
-34.94
%
Shareholders Equity Analysis of DraftKings Inc
Shareholders Equity Ratio of DKNG drastically fell by -34.94 % this year.
Shareholders Equity Ratio with value of 78.41 was highest in Year Dec-20 in last Five Years.
Shareholders Equity Ratio of DKNG trending down for at least three Years.
Latest Shareholders Equity Ratio with value of 21.30 is Greater than Average Shareholders Equity of 16.12 in last five years.
Other Shareholders Equity Related Info of DKNG that may interest you.
DraftKings Inc Overview
CodePricePrevious PricePrice ChangeSector
DKNG38.9138.98 0.180 % Gambling
Fundamental AnalysisTechnical Analysis
Defination of Shareholders Equity
The Shareholders Equity Ratio measures how much the company's assets are funded using shareholder's equity instead of debt. This metric also tells how much shareholders claim on the company's assets in a time of liquidation.    more ..
Shareholders Equity Formula

Shareholders Equity Related Ratios
DebtToEquityRatioReturnOnEquity

Tsr Stability Index
Poor Stability Stock
FY - Historical Shareholders Equity of DraftKings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Shareholders Equity21.3032.7441.2578.41-93.11-61.870
Change-34.94 %-20.64 %-47.39 %184.21 %-50.51 %
FY Chart of Shareholders Equity of DraftKings Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)