Dicks Other Stockholder Equity vs Non Current Assets Total Analysis

DKS Stock

USD 212.28 4.84 2.23%

Dicks Sporting financial indicator trend analysis is much more than just examining Dicks Sporting Goods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dicks Sporting Goods is a good investment. Please check the relationship between Dicks Sporting Other Stockholder Equity and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. 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.

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dicks Sporting Goods Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.

The correlation between Dicks Sporting's Other Stockholder Equity and Non Current Assets Total is -0.9. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Dicks Sporting Goods, assuming nothing else is changed. The correlation between historical values of Dicks Sporting's Other Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Dicks Sporting Goods are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Dicks Sporting's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.9

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Other Stockholder Equity

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Dicks Sporting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dicks Sporting Goods 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. 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.

Selling General Administrative is likely to gain to about 2.8 B in 2024, whereas Tax Provision is likely to drop slightly above 249.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.7B	4.3B	4.5B	4.8B
Total Revenue	12.3B	12.4B	13.0B	13.6B

Gross Profit Total Revenue

Dicks Sporting fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Cash	Long Term Debt	Other Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash And Short Term Investments
Total Assets		0.61	0.98	0.32	0.93	0.14	0.97	0.95	-0.91	0.99	0.98	0.97	0.99	-0.26	0.79	0.85	0.87	0.17	-0.09	0.97	0.94	0.97	0.71	0.87	0.97	0.85
Total Stockholder Equity	0.61		0.55	-0.03	0.73	0.58	0.43	0.69	-0.38	0.52	0.63	0.67	0.66	0.22	0.87	0.45	0.37	0.71	0.46	0.6	0.41	0.57	0.85	0.33	0.57	0.45
Non Current Assets Total	0.98	0.55		0.26	0.89	0.07	0.96	0.94	-0.9	0.97	0.91	0.93	0.97	-0.26	0.76	0.74	0.79	0.12	-0.13	0.92	0.92	0.99	0.67	0.92	0.95	0.74
Non Currrent Assets Other	0.32	-0.03	0.26		0.16	-0.54	0.44	0.19	-0.46	0.4	0.37	0.25	0.33	-0.55	0.31	0.52	0.54	-0.39	-0.7	0.32	0.53	0.32	0.15	0.47	0.29	0.52
Other Assets	0.93	0.73	0.89	0.16		0.41	0.83	0.93	-0.77	0.88	0.92	0.98	0.92	-0.04	0.76	0.76	0.75	0.36	0.22	0.9	0.78	0.85	0.7	0.68	0.91	0.76
Common Stock Shares Outstanding	0.14	0.58	0.07	-0.54	0.41		-0.07	0.25	0.19	0.02	0.18	0.27	0.16	0.45	0.23	0.06	-0.04	0.68	0.95	0.11	-0.1	0.05	0.38	-0.2	0.09	0.06
Non Current Liabilities Total	0.97	0.43	0.96	0.44	0.83	-0.07		0.88	-0.95	0.99	0.94	0.91	0.94	-0.43	0.7	0.86	0.92	-0.03	-0.3	0.93	0.98	0.94	0.58	0.92	0.94	0.86
Inventory	0.95	0.69	0.94	0.19	0.93	0.25	0.88		-0.87	0.92	0.92	0.95	0.95	-0.04	0.79	0.7	0.77	0.37	0.05	0.91	0.83	0.93	0.74	0.81	0.96	0.7
Other Stockholder Equity	-0.91	-0.38	-0.9	-0.46	-0.77	0.19	-0.95	-0.87		-0.94	-0.89	-0.86	-0.87	0.31	-0.63	-0.78	-0.9	-0.02	0.39	-0.89	-0.91	-0.87	-0.51	-0.87	-0.95	-0.78
Total Liab	0.99	0.52	0.97	0.4	0.88	0.02	0.99	0.92	-0.94		0.96	0.94	0.97	-0.35	0.76	0.86	0.9	0.06	-0.22	0.95	0.97	0.97	0.66	0.91	0.96	0.86
Total Current Assets	0.98	0.63	0.91	0.37	0.92	0.18	0.94	0.92	-0.89	0.96		0.97	0.96	-0.26	0.78	0.92	0.92	0.2	-0.07	0.97	0.92	0.9	0.7	0.79	0.95	0.92
Other Current Liab	0.97	0.67	0.93	0.25	0.98	0.27	0.91	0.95	-0.86	0.94	0.97		0.97	-0.13	0.78	0.83	0.84	0.29	0.05	0.96	0.86	0.91	0.71	0.76	0.96	0.83
Total Current Liabilities	0.99	0.66	0.97	0.33	0.92	0.16	0.94	0.95	-0.87	0.97	0.96	0.97		-0.21	0.85	0.83	0.83	0.21	-0.07	0.96	0.92	0.97	0.78	0.85	0.95	0.83
Other Liab	-0.26	0.22	-0.26	-0.55	-0.04	0.45	-0.43	-0.04	0.31	-0.35	-0.26	-0.13	-0.21		-0.03	-0.45	-0.43	0.59	0.53	-0.2	-0.54	-0.3	0.17	-0.52	-0.16	-0.45
Accounts Payable	0.79	0.87	0.76	0.31	0.76	0.23	0.7	0.79	-0.63	0.76	0.78	0.78	0.85	-0.03		0.65	0.6	0.41	0.02	0.77	0.71	0.8	0.95	0.64	0.72	0.65
Cash	0.85	0.45	0.74	0.52	0.76	0.06	0.86	0.7	-0.78	0.86	0.92	0.83	0.83	-0.45	0.65		0.93	-0.02	-0.21	0.88	0.88	0.74	0.56	0.67	0.79	1.0
Long Term Debt	0.87	0.37	0.79	0.54	0.75	-0.04	0.92	0.77	-0.9	0.9	0.92	0.84	0.83	-0.43	0.6	0.93		-0.01	-0.31	0.86	0.91	0.77	0.51	0.76	0.87	0.93
Other Current Assets	0.17	0.71	0.12	-0.39	0.36	0.68	-0.03	0.37	-0.02	0.06	0.2	0.29	0.21	0.59	0.41	-0.02	-0.01		0.66	0.2	-0.09	0.1	0.5	-0.13	0.23	-0.02
Common Stock	-0.09	0.46	-0.13	-0.7	0.22	0.95	-0.3	0.05	0.39	-0.22	-0.07	0.05	-0.07	0.53	0.02	-0.21	-0.31	0.66		-0.11	-0.34	-0.16	0.16	-0.39	-0.12	-0.21
Property Plant Equipment	0.97	0.6	0.92	0.32	0.9	0.11	0.93	0.91	-0.89	0.95	0.97	0.96	0.96	-0.2	0.77	0.88	0.86	0.2	-0.11		0.89	0.9	0.68	0.77	0.96	0.88
Short Long Term Debt Total	0.94	0.41	0.92	0.53	0.78	-0.1	0.98	0.83	-0.91	0.97	0.92	0.86	0.92	-0.54	0.71	0.88	0.91	-0.09	-0.34	0.89		0.94	0.58	0.94	0.88	0.88
Property Plant And Equipment Net	0.97	0.57	0.99	0.32	0.85	0.05	0.94	0.93	-0.87	0.97	0.9	0.91	0.97	-0.3	0.8	0.74	0.77	0.1	-0.16	0.9	0.94		0.71	0.94	0.91	0.74
Current Deferred Revenue	0.71	0.85	0.67	0.15	0.7	0.38	0.58	0.74	-0.51	0.66	0.7	0.71	0.78	0.17	0.95	0.56	0.51	0.5	0.16	0.68	0.58	0.71		0.51	0.63	0.56
Net Debt	0.87	0.33	0.92	0.47	0.68	-0.2	0.92	0.81	-0.87	0.91	0.79	0.76	0.85	-0.52	0.64	0.67	0.76	-0.13	-0.39	0.77	0.94	0.94	0.51		0.82	0.67
Retained Earnings	0.97	0.57	0.95	0.29	0.91	0.09	0.94	0.96	-0.95	0.96	0.95	0.96	0.95	-0.16	0.72	0.79	0.87	0.23	-0.12	0.96	0.88	0.91	0.63	0.82		0.79
Cash And Short Term Investments	0.85	0.45	0.74	0.52	0.76	0.06	0.86	0.7	-0.78	0.86	0.92	0.83	0.83	-0.45	0.65	1.0	0.93	-0.02	-0.21	0.88	0.88	0.74	0.56	0.67	0.79

Click cells to compare fundamentals

Dicks Sporting Account Relationship Matchups

Dicks Sporting fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	7.8B	9.0B	9.0B	10.2B	10.7B
Total Stockholder Equity	1.7B	2.3B	2.1B	2.5B	2.6B	1.3B
Non Current Assets Total	4.2B	4.0B	3.9B	4.0B	5.3B	5.5B
Non Currrent Assets Other	133.9M	155.6M	202.9M	230.2M	129.0M	111.4M
Other Assets	148.3M	207.1M	237.9M	271.4M	312.2M	327.8M
Common Stock Shares Outstanding	89.1M	92.6M	109.6M	99.3M	85.9M	107.2M
Liabilities And Stockholders Equity	6.6B	7.8B	9.0B	9.0B	10.2B	10.7B
Non Current Liabilities Total	2.8B	2.9B	4.2B	3.8B	4.8B	5.0B
Inventory	2.2B	2.0B	2.3B	2.8B	2.8B	3.0B
Other Stockholder Equity	(914.4M)	(726.0M)	(1.9B)	(2.4B)	(3.0B)	(2.8B)
Total Liab	4.9B	5.4B	6.9B	6.5B	7.5B	7.9B
Total Current Assets	2.4B	3.8B	5.1B	5.0B	4.9B	5.1B
Other Current Liab	426.0M	559.1M	633.6M	658.0M	722.6M	758.7M
Total Current Liabilities	2.1B	2.6B	2.7B	2.6B	2.8B	2.9B
Other Liab	140.4M	183.6M	197.5M	167.7M	192.9M	293.4M
Accounts Payable	1.0B	1.3B	1.3B	1.2B	1.3B	644.5M
Cash	69.3M	1.7B	2.6B	1.9B	1.8B	1.9B
Long Term Debt	224.1M	418.5M	1.9B	1.5B	1.5B	1.6B
Other Current Assets	79.5M	88.5M	95.6M	128.4M	121.0M	84.1M
Common Stock	836K	849K	756K	821K	804K	924.3K
Property Plant Equipment	1.4B	3.5B	3.4B	3.5B	4.0B	4.2B
Short Long Term Debt Total	3.1B	3.2B	4.5B	4.2B	4.3B	4.5B
Property Plant And Equipment Net	3.7B	3.5B	3.4B	3.5B	3.9B	4.1B
Current Deferred Revenue	226.0M	260.3M	317.4M	230.6M	248.2M	162.7M
Net Debt	3.0B	1.5B	1.9B	2.3B	2.5B	2.6B
Retained Earnings	2.6B	3.1B	4.0B	4.9B	5.6B	5.9B
Cash And Short Term Investments	69.3M	1.7B	2.6B	1.9B	1.8B	1.9B
Net Receivables	58.9M	59.5M	70.2M	79.5M	119.0M	60.9M
Short Term Debt	423.0M	472.7M	480.3M	546.8M	492.9M	517.5M
Common Stock Total Equity	1.0M	938K	836K	849K	976.4K	1.0M
Property Plant And Equipment Gross	3.7B	3.5B	3.4B	3.5B	7.0B	7.3B
Intangible Assets	94.8M	90.1M	86.8M	60.4M	56.7M	78.6M
Net Tangible Assets	1.4B	2.0B	1.8B	2.2B	2.6B	1.7B
Long Term Debt Total	224.1M	418.5M	1.9B	1.5B	1.8B	1.9B
Capital Surpluse	1.3B	1.4B	1.5B	1.4B	1.6B	1.2B

Pair Trading with Dicks Sporting

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 Dicks Sporting 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 Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting 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 Dicks Sporting - 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 Dicks Sporting Goods to buy it.

The correlation of Dicks Sporting 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 Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods 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 Dicks Sporting 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 Correlation Correlation Matching

Additional Tools for Dicks Stock Analysis

When running Dicks Sporting's price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.

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Dicks Other Stockholder Equity vs Non Current Assets Total Analysis

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Non Current Assets Total

Dicks Sporting fundamental ratios Correlations

Dicks Sporting Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dicks Sporting fundamental ratios Accounts

Pair Trading with Dicks Sporting

Additional Tools for Dicks Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets

Retained Earnings	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Non Current Liabilities Total
Total Liab	- 0.94	Other Stockholder Equity
Short Long Term Debt Total	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Total Assets
Long Term Debt	- 0.9	Other Stockholder Equity