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[DKNG] DraftKings Inc - Debt / Equity
Data updated 2023-Aug-20 (Sunday)Note: Detailed Statistics for Debt / Equity in Balance Sheet for DraftKings Inc [NASDAQ:DKNG] with frequency distribution chart that analyze trends & history . Debt to Equity is a leverage ratio calculated as Total Liabilities / Total Shareholder Equity. Debt to Equity Ratio measures financial risk considering proportion of debt that can be covered by shareholder equity. High Debt / Equity implies higher risk. View Balance Sheet for broader context
Share
Quarterly Debt / Equity values for DraftKings Inc are rounded to enhance readability
| 2023-Jun | 2023-Mar | 2022-Dec | 2022-Sep | 2022-Jun | 2022-Mar | |
|---|---|---|---|---|---|---|
| Debt / Equity | 254.2% | 267.3% | 205.4% | 192.1% | 135.5% | 170.4% |
| Sequential Quarter Growth | -4.9% | +30.2% | +6.9% | +41.8% | -20.5% | +19.6% |
| Quarter-on Quarter Growth | +87.6% | +56.9% | +44.2% | +44.2% | +38.7% | +82.9% |
Annual Debt / Equity values for DraftKings Inc are rounded to enhance readability
| 2022-Dec | 2022-Jan | 2021-Jan | 2020-Jan | 2019-Jan | 2017-Dec | |
|---|---|---|---|---|---|---|
| Debt / Equity | 205.4% | 205.4% | 142.4% | 30.7% | -760.0% | - |
| Year-on-Year Growth | 0.0% | +44.2% | +363.7% | +104.0% | ||
| 2-yr CAGR | +20.1% | +158.6% | ||||
| 3-yr CAGR | +88.4% | |||||
| 4-yr CAGR | ||||||
| 5-yr CAGR |
Frequency distribution of quarterly Debt / Equity values from 2019-Jun-30 grouped into buckets. Latest Debt / Equity value is 254 as of 2023-Jun-30
Subsequent stock performance post earnings date till next announcement for DraftKings Inc mapped with quarterly Debt / Equity values reported at that time. Most recent value denoted with star
Select frequency and calculation type for Debt / Equity above for vertical axis in scatter chart. Additionally choose type of performance for horizontal axis
Bayesian (Conditional Probability) analysis for DraftKings Inc with subsequent post-earnings performance given Debt / Equity values. Analysis uses quarterly data and subsequent relative performance benchmarked to S&P 500 index. Most recent quarter is denoted with a star and corresponding partial performance is excluded from calculations
| Underperform (relative perf.) | Outperform (relative perf.) | |
|---|---|---|
| Debt / Equity - Low | 17% | 83% |
| Debt / Equity - Medium | 100% | 0% |
| Debt / Equity - High | 40% | 60% |
| Debt / Equity (Sequential growth %) - Low | 40% | 60% |
| Debt / Equity (Sequential growth %) - Medium | 40% | 60% |
| Debt / Equity (Sequential growth %) - High | 60% | 40% |
| Debt / Equity (QoQ growth %) - Low | 75% | 25% |
| Debt / Equity (QoQ growth %) - Medium | 25% | 75% |
| Debt / Equity (QoQ growth %) - High | 75% | 25% |
Related to DraftKings Inc
Information for DraftKings Inc
Current Detail : Recent daily/monthly performance & benchmark comparison
Historical Detail : Historical performance & related information using Time Machine
Financial Statements : Analyze Income Statement, Balance Sheet & Cashflow Statement and also compare with peers Currently Viewing
Bayesian Statement Classifier : Investigate historical financial statements to make probabalistic predictions using Artificial Intelligence
Anomaly Detection : Investigate unusual recent performance & technicals with historical context using AI
Historical Seasonality : Seasonal performance by calendar months
Technical History : Popular Technical indicator trends (RSI, MACD etc.)
Metric Deciles : Contextualizing recent performance & technical levels into historical decile buckets
Dollar Cost Averaging : Dollar Cost Average (DCA) over time in your portfolio
Moving Averages : Key Simple & Exponential Moving Averages
Historical Analogues : Insights from closest historical matches to recent performance using Artificial Intelligence
Chart Pattern Matching : Insights from similar historical charts to recent chart using Artificial Intelligence
News Stories : News stories on 2025-Apr-17 on Google
SEC Reports : Quarterly reports around 2025-Apr-17 on SEC Edgar
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Market Performance : Recent performance across covered assets
Historical Performance : Prior & Subsequent performance across assets on a historical date
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Pair Correlations : Performance Correlations with other assets
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Side-by-Side Comparison : Contrast with other assets over time in a side-by-side presentation
Sector : Consumer Discretionary sector performance which includes DraftKings Inc
Industry : Digital Services industry performance which includes DraftKings Inc