The Michaels Companies Financials

Based on the key indicators related to Michaels Companies' liquidity, profitability, solvency, and operating efficiency, The Michaels Companies is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Michaels financials for your investing period. You should be able to track the changes in Michaels Companies individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Michaels Companies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Michaels Companies' financial statements are interrelated, with each one affecting the others. For example, an increase in Michaels Companies' assets may result in an increase in income on the income statement.
Evaluating Michaels Companies' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Michaels Companies' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Michaels Companies' relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
The Michaels Companies has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Michaels Companies stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Michaels Companies' odds of distress score SHOULD NOT be confused with the real chance of The Michaels Companies filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Michaels is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Michaels Companies' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Michaels Companies' official financial statements usually reflect Michaels Companies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of The Michaels Companies. For example, before you start analyzing numbers published by Michaels accountants, it's critical to develop an understanding of what Michaels Companies' liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Michaels Companies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Michaels Companies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Michaels Companies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Michaels Companies. Please utilize our Beneish M Score to check the likelihood of Michaels Companies' management manipulating its earnings.

Michaels Companies Company Summary

Michaels Companies competes with ScanSource, Jeld Wen, MYR, Freedom Internet, and Skyline. The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. As of April 14, 2021, The Michaels Companies, Inc. was taken private. Michaels Comp operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 11000 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS59408Q1067
Business Address39 West John
SectorConsumer Cyclical
IndustrySpecialty Retail
BenchmarkNYSE Composite
Websitewww.michaels.com
Phone972 409 1300
CurrencyUSD - US Dollar
You should never invest in Michaels Companies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Michaels Stock, because this is throwing your money away. Analyzing the key information contained in Michaels Companies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Michaels Companies Key Financial Ratios

Generally speaking, Michaels Companies' financial ratios allow both analysts and investors to convert raw data from Michaels Companies' financial statements into concise, actionable information that can be used to evaluate the performance of Michaels Companies over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that The Michaels Companies reports annually and quarterly.

Michaels Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Michaels Companies's current stock value. Our valuation model uses many indicators to compare Michaels Companies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Michaels Companies competition to find correlations between indicators driving Michaels Companies's intrinsic value. More Info.
The Michaels Companies is considered to be number one stock in cash and equivalents category among related companies. It is considered to be number one stock in beta category among related companies . The ratio of Cash And Equivalents to Beta for The Michaels Companies is about  357,357,357 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Michaels Companies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Michaels Companies' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Michaels Companies' earnings, one of the primary drivers of an investment's value.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Michaels Stock

If you are still planning to invest in The Michaels Companies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Michaels Companies' history and understand the potential risks before investing.
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