Buckle Total Current Assets vs Cash And Short Term Investments Analysis

BKE Stock  USD 36.76  0.12  0.33%   
Buckle financial indicator trend analysis is way more than just evaluating Buckle Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Buckle Inc is a good investment. Please check the relationship between Buckle Total Current Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Buckle Inc Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Buckle's Total Current Assets and Cash And Short Term Investments is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Buckle Inc, assuming nothing else is changed. The correlation between historical values of Buckle's Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Buckle Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Buckle's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Buckle Inc balance sheet. This account contains Buckle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Buckle Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Buckle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buckle Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At present, Buckle's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit653.0M676.0M619.1M317.5M
Total Revenue1.3B1.3B1.3B742.2M

Buckle fundamental ratios Correlations

0.440.770.750.790.410.490.770.820.80.560.930.440.640.730.650.240.920.770.620.910.84-0.18-0.10.510.8
0.440.690.20.60.440.070.460.540.620.190.380.440.580.570.140.010.380.630.770.340.29-0.09-0.19-0.020.32
0.770.690.390.920.630.140.760.890.930.440.690.40.810.890.30.140.690.960.930.620.49-0.36-0.270.360.54
0.750.20.390.39-0.20.930.520.610.430.190.820.460.650.260.930.340.840.320.20.930.880.420.520.370.93
0.790.60.920.390.780.190.540.881.00.450.660.220.760.990.260.090.630.990.90.580.43-0.39-0.40.390.46
0.410.440.63-0.20.78-0.40.190.450.750.430.19-0.040.270.86-0.27-0.110.180.790.750.04-0.06-0.67-0.820.21-0.12
0.490.070.140.930.19-0.40.220.440.23-0.040.60.260.540.050.850.290.580.09-0.030.730.680.550.680.210.79
0.770.460.760.520.540.190.220.650.560.490.740.620.550.480.530.250.80.60.570.750.73-0.220.020.40.71
0.820.540.890.610.880.450.440.650.880.440.860.330.850.830.420.040.750.870.790.770.57-0.16-0.150.520.64
0.80.620.930.431.00.750.230.560.880.420.670.230.790.980.310.140.650.980.890.60.47-0.38-0.340.380.51
0.560.190.440.190.450.43-0.040.490.440.420.530.190.160.480.11-0.090.440.470.30.420.24-0.39-0.460.630.3
0.930.380.690.820.660.190.60.740.860.670.530.480.660.590.650.090.920.640.520.960.830.020.010.580.81
0.440.440.40.460.22-0.040.260.620.330.230.190.480.430.140.56-0.090.640.250.420.550.50.340.210.170.51
0.640.580.810.650.760.270.540.550.850.790.160.660.430.670.570.280.70.750.740.690.560.170.20.330.71
0.730.570.890.260.990.860.050.480.830.980.480.590.140.670.130.050.540.980.890.480.32-0.49-0.530.40.34
0.650.140.30.930.26-0.270.850.530.420.310.110.650.560.570.130.440.790.20.120.840.860.440.630.220.91
0.240.010.140.340.09-0.110.290.250.040.14-0.090.09-0.090.280.050.440.310.08-0.030.280.460.050.440.080.49
0.920.380.690.840.630.180.580.80.750.650.440.920.640.70.540.790.310.620.540.960.920.120.140.50.89
0.770.630.960.320.990.790.090.60.870.980.470.640.250.750.980.20.080.620.930.550.4-0.45-0.440.390.43
0.620.770.930.20.90.75-0.030.570.790.890.30.520.420.740.890.12-0.030.540.930.430.31-0.32-0.420.220.31
0.910.340.620.930.580.040.730.750.770.60.420.960.550.690.480.840.280.960.550.430.930.170.240.510.93
0.840.290.490.880.43-0.060.680.730.570.470.240.830.50.560.320.860.460.920.40.310.930.20.350.340.92
-0.18-0.09-0.360.42-0.39-0.670.55-0.22-0.16-0.38-0.390.020.340.17-0.490.440.050.12-0.45-0.320.170.20.72-0.060.28
-0.1-0.19-0.270.52-0.4-0.820.680.02-0.15-0.34-0.460.010.210.2-0.530.630.440.14-0.44-0.420.240.350.72-0.160.49
0.51-0.020.360.370.390.210.210.40.520.380.630.580.170.330.40.220.080.50.390.220.510.34-0.06-0.160.39
0.80.320.540.930.46-0.120.790.710.640.510.30.810.510.710.340.910.490.890.430.310.930.920.280.490.39
Click cells to compare fundamentals

Buckle Account Relationship Matchups

Buckle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets867.9M845.8M780.9M837.6M889.8M454.3M
Other Current Liab43.5M14.3M83.8M75.2M73.6M77.2M
Total Current Liabilities172.6M206.4M248.5M226.0M221.5M232.5M
Total Stockholder Equity389.1M396.6M312.9M376.3M413.2M296.1M
Property Plant And Equipment Net463.9M379.8M359.4M383.8M409.7M430.1M
Net Debt156.6M(12.5M)34.4M51.7M47.2M49.6M
Retained Earnings236.4M238.1M145.1M196.8M220.0M210.7M
Accounts Payable26.5M43.4M60.0M44.8M46.0M25.2M
Cash221.0M318.8M254.0M252.1M268.2M281.6M
Non Current Assets Total489.1M408.6M389.7M414.2M445.6M467.8M
Non Currrent Assets Other9.3M10.5M10.9M9.8M15K14.3K
Cash And Short Term Investments233.5M322.1M266.9M273.1M290.4M164.3M
Net Receivables3.1M2.8M12.1M12.6M8.7M5.2M
Common Stock Shares Outstanding48.8M49.0M49.4M49.6M50.0M52.6M
Liabilities And Stockholders Equity867.9M845.8M780.9M837.6M889.8M454.3M
Non Current Liabilities Total306.1M242.8M219.4M235.2M255.1M267.9M
Inventory121.3M101.1M102.1M125.1M126.3M86.3M
Other Current Assets20.9M11.2M10.1M12.5M18.8M13.9M
Other Stockholder Equity152.3M158.1M167.3M179.0M192.7M104.7M
Total Liab478.7M449.2M468.0M461.3M476.6M500.4M
Property Plant And Equipment Gross463.9M379.8M712.1M737.7M769.9M808.3M
Total Current Assets378.8M437.2M391.2M423.3M444.3M269.6M
Common Stock Total Equity488K490K492K494K568.1K403.3K
Short Term Investments12.5M3.4M12.9M21.0M22.2M29.6M
Other Liab15.9M18.3M19.4M20.6M23.7M34.2M
Other Assets25.1M28.8M30.3M8.4M9.6M10.3M
Common Stock492K494K497K501K504K431.2K
Property Plant Equipment113.8M379.8M359.4M383.8M441.4M463.5M
Net Tangible Assets389.1M396.6M312.9M376.3M432.8M415.2M
Capital Surpluse152.3M158.1M167.3M179.0M205.8M153.0M
Long Term Investments15.9M18.3M19.4M20.6M25.0M22.8M
Current Deferred Revenue15.3M66.9M16.5M16.8M16.7M25.7M
Short Term Debt87.3M81.8M88.3M89.2M85.3M60.2M
Cash And Equivalents221.0M318.8M254.0M252.1M289.9M247.6M
Net Invested Capital389.1M396.6M312.9M376.3M413.2M305.5M
Net Working Capital206.2M230.9M142.7M197.3M222.8M176.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Buckle Stock

When determining whether Buckle Inc is a strong investment it is important to analyze Buckle'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 Buckle's future performance. For an informed investment choice regarding Buckle Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Specialty Retail space 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 Buckle. If investors know Buckle 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 Buckle 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
(0.20)
Dividend Share
1.4
Earnings Share
4.23
Revenue Per Share
24.981
Quarterly Revenue Growth
(0.07)
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle'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 Buckle's market value can be influenced by many factors that don't directly affect Buckle'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 Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle'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.