Columbia Sportswear Stock Return On Asset

COLM Stock  USD 81.18  1.56  1.96%   
Columbia Sportswear fundamentals help investors to digest information that contributes to Columbia Sportswear's financial success or failures. It also enables traders to predict the movement of Columbia Stock. The fundamental analysis module provides a way to measure Columbia Sportswear's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbia Sportswear stock.
As of the 29th of March 2024, Return On Assets is likely to grow to 0.12.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Columbia Return On Asset Analysis

Columbia Sportswear's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.7B1.7B878.7M
Total Revenue3.1B3.5B3.5B1.9B

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Columbia Sportswear Return On Asset

    
  0.07  
Most of Columbia Sportswear's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Sportswear is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Columbia Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Columbia Sportswear is extremely important. It helps to project a fair market value of Columbia Stock properly, considering its historical fundamentals such as Return On Asset. Since Columbia Sportswear's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Columbia Sportswear's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Columbia Sportswear's interrelated accounts and indicators.
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Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Columbia Total Assets

Total Assets

1.64 Billion

At this time, Columbia Sportswear's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Columbia Sportswear has a Return On Asset of 0.07. This is 93.58% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.45% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 150.0% lower than that of the firm.

Columbia Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Sportswear's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Columbia Sportswear could also be used in its relative valuation, which is a method of valuing Columbia Sportswear by comparing valuation metrics of similar companies.
Columbia Sportswear is currently under evaluation in return on asset category among related companies.

Columbia Fundamentals

About Columbia Sportswear Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Columbia Sportswear's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Sportswear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Sportswear based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Return On Assets 0.09  0.12 

Pair Trading with Columbia Sportswear

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Sportswear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Sportswear will appreciate offsetting losses from the drop in the long position's value.

Moving against Columbia Stock

  0.43DXYN Dixie GroupPairCorr
The ability to find closely correlated positions to Columbia Sportswear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Sportswear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Sportswear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Sportswear to buy it.
The correlation of Columbia Sportswear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Sportswear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Sportswear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Sportswear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Columbia Sportswear is a strong investment it is important to analyze Columbia Sportswear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Columbia Sportswear's future performance. For an informed investment choice regarding Columbia Stock, refer to the following important reports:
Check out Columbia Sportswear Piotroski F Score and Columbia Sportswear Altman Z Score analysis.
To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Columbia Sportswear's price analysis, check to measure Columbia Sportswear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Sportswear is operating at the current time. Most of Columbia Sportswear's value examination focuses on studying past and present price action to predict the probability of Columbia Sportswear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Sportswear's price. Additionally, you may evaluate how the addition of Columbia Sportswear to your portfolios can decrease your overall portfolio volatility.
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Is Columbia Sportswear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbia Sportswear. If investors know Columbia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbia Sportswear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.2
Earnings Share
4.09
Revenue Per Share
56.951
Quarterly Revenue Growth
(0.09)
The market value of Columbia Sportswear is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Sportswear's value that differs from its market value or its book value, called intrinsic value, which is Columbia Sportswear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Sportswear's market value can be influenced by many factors that don't directly affect Columbia Sportswear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Sportswear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Sportswear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Sportswear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.