Skechers Net Debt vs Total Stockholder Equity Analysis

SKX Stock

USD 68.24 0.46 0.68%

Skechers USA financial indicator trend analysis is much more than just breaking down Skechers USA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skechers USA is a good investment. Please check the relationship between Skechers USA Net Debt and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Skechers USA's Net Debt and Total Stockholder Equity is 0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Skechers USA, assuming nothing else is changed. The correlation between historical values of Skechers USA's Net Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Skechers USA are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Skechers USA's Net Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Skechers USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skechers USA 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.At this time, Skechers USA's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 158.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	6.3B	7.4B	8.0B	8.4B
Depreciation And Amortization	139.6M	153.7M	181.9M	191.0M

Total Revenue Depreciation And Amortization

Skechers USA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Other Assets	Long Term Debt
Total Assets		0.95	0.99	0.99	0.98	0.99	0.82	0.99	0.75	0.82	0.99	0.93	0.85	0.99	0.46	0.94	0.96	0.93	0.98	0.98	0.9	0.87	0.24	0.97	0.75	0.52
Short Long Term Debt Total	0.95		0.92	0.92	0.88	0.98	0.93	0.89	0.63	0.76	0.97	0.87	0.79	0.9	0.29	0.99	0.85	0.91	0.98	0.89	0.91	0.85	0.05	0.95	0.85	0.65
Other Current Liab	0.99	0.92		0.99	0.98	0.97	0.79	0.99	0.75	0.79	0.97	0.91	0.83	0.99	0.42	0.9	0.97	0.89	0.96	0.98	0.89	0.89	0.19	0.95	0.69	0.45
Total Current Liabilities	0.99	0.92	0.99		0.98	0.97	0.8	0.98	0.78	0.8	0.97	0.9	0.83	0.99	0.47	0.91	0.97	0.91	0.97	0.98	0.88	0.87	0.24	0.95	0.7	0.46
Total Stockholder Equity	0.98	0.88	0.98	0.98		0.95	0.73	1.0	0.73	0.8	0.96	0.94	0.83	0.99	0.52	0.86	0.97	0.91	0.93	0.98	0.88	0.86	0.31	0.95	0.66	0.41
Property Plant And Equipment Net	0.99	0.98	0.97	0.97	0.95		0.9	0.96	0.69	0.76	1.0	0.91	0.79	0.96	0.38	0.96	0.93	0.94	0.99	0.94	0.93	0.86	0.14	0.98	0.76	0.54
Net Debt	0.82	0.93	0.79	0.8	0.73	0.9		0.76	0.49	0.45	0.89	0.7	0.5	0.76	0.05	0.9	0.73	0.8	0.87	0.71	0.86	0.69	-0.15	0.86	0.7	0.53
Retained Earnings	0.99	0.89	0.99	0.98	1.0	0.96	0.76		0.7	0.79	0.97	0.94	0.82	0.98	0.46	0.87	0.97	0.91	0.94	0.97	0.91	0.88	0.23	0.97	0.66	0.41
Accounts Payable	0.75	0.63	0.75	0.78	0.73	0.69	0.49	0.7		0.64	0.68	0.55	0.67	0.79	0.61	0.69	0.81	0.6	0.74	0.8	0.42	0.5	0.57	0.57	0.55	0.48
Cash	0.82	0.76	0.79	0.8	0.8	0.76	0.45	0.79	0.64		0.74	0.85	1.0	0.81	0.58	0.78	0.73	0.75	0.8	0.88	0.66	0.8	0.37	0.76	0.79	0.63
Non Current Assets Total	0.99	0.97	0.97	0.97	0.96	1.0	0.89	0.97	0.68	0.74		0.91	0.78	0.96	0.37	0.95	0.93	0.94	0.98	0.94	0.93	0.86	0.14	0.98	0.74	0.51
Non Currrent Assets Other	0.93	0.87	0.91	0.9	0.94	0.91	0.7	0.94	0.55	0.85	0.91		0.86	0.9	0.41	0.84	0.87	0.88	0.89	0.92	0.89	0.86	0.19	0.94	0.75	0.51
Cash And Short Term Investments	0.85	0.79	0.83	0.83	0.83	0.79	0.5	0.82	0.67	1.0	0.78	0.86		0.84	0.57	0.81	0.76	0.77	0.84	0.9	0.69	0.84	0.34	0.79	0.8	0.63
Net Receivables	0.99	0.9	0.99	0.99	0.99	0.96	0.76	0.98	0.79	0.81	0.96	0.9	0.84		0.51	0.89	0.98	0.89	0.96	0.99	0.86	0.86	0.29	0.94	0.68	0.45
Common Stock Shares Outstanding	0.46	0.29	0.42	0.47	0.52	0.38	0.05	0.46	0.61	0.58	0.37	0.41	0.57	0.51		0.32	0.51	0.47	0.39	0.56	0.2	0.28	0.88	0.34	0.26	0.24
Non Current Liabilities Total	0.94	0.99	0.9	0.91	0.86	0.96	0.9	0.87	0.69	0.78	0.95	0.84	0.81	0.89	0.32		0.84	0.88	0.98	0.89	0.85	0.81	0.12	0.91	0.89	0.72
Inventory	0.96	0.85	0.97	0.97	0.97	0.93	0.73	0.97	0.81	0.73	0.93	0.87	0.76	0.98	0.51	0.84		0.85	0.92	0.97	0.8	0.76	0.36	0.89	0.62	0.39
Other Current Assets	0.93	0.91	0.89	0.91	0.91	0.94	0.8	0.91	0.6	0.75	0.94	0.88	0.77	0.89	0.47	0.88	0.85		0.91	0.89	0.9	0.83	0.22	0.94	0.72	0.51
Total Liab	0.98	0.98	0.96	0.97	0.93	0.99	0.87	0.94	0.74	0.8	0.98	0.89	0.84	0.96	0.39	0.98	0.92	0.91		0.95	0.88	0.85	0.18	0.95	0.82	0.62
Total Current Assets	0.98	0.89	0.98	0.98	0.98	0.94	0.71	0.97	0.8	0.88	0.94	0.92	0.9	0.99	0.56	0.89	0.97	0.89	0.95		0.83	0.86	0.35	0.92	0.73	0.51
Short Term Debt	0.9	0.91	0.89	0.88	0.88	0.93	0.86	0.91	0.42	0.66	0.93	0.89	0.69	0.86	0.2	0.85	0.8	0.9	0.88	0.83		0.89	-0.11	0.98	0.64	0.36
Intangible Assets	0.87	0.85	0.89	0.87	0.86	0.86	0.69	0.88	0.5	0.8	0.86	0.86	0.84	0.86	0.28	0.81	0.76	0.83	0.85	0.86	0.89		-0.07	0.91	0.65	0.4
Other Stockholder Equity	0.24	0.05	0.19	0.24	0.31	0.14	-0.15	0.23	0.57	0.37	0.14	0.19	0.34	0.29	0.88	0.12	0.36	0.22	0.18	0.35	-0.11	-0.07		0.06	0.14	0.2
Property Plant And Equipment Gross	0.97	0.95	0.95	0.95	0.95	0.98	0.86	0.97	0.57	0.76	0.98	0.94	0.79	0.94	0.34	0.91	0.89	0.94	0.95	0.92	0.98	0.91	0.06		0.71	0.46
Other Assets	0.75	0.85	0.69	0.7	0.66	0.76	0.7	0.66	0.55	0.79	0.74	0.75	0.8	0.68	0.26	0.89	0.62	0.72	0.82	0.73	0.64	0.65	0.14	0.71		0.93
Long Term Debt	0.52	0.65	0.45	0.46	0.41	0.54	0.53	0.41	0.48	0.63	0.51	0.51	0.63	0.45	0.24	0.72	0.39	0.51	0.62	0.51	0.36	0.4	0.2	0.46	0.93

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Skechers USA Account Relationship Matchups

Skechers USA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	5.8B	6.5B	6.9B	7.5B	7.9B
Short Long Term Debt Total	1.3B	2.0B	1.7B	1.6B	2.0B	2.1B
Other Current Liab	210.2M	208.7M	265.4M	294.1M	320.1M	336.1M
Total Current Liabilities	1.2B	1.2B	1.4B	1.6B	1.7B	1.7B
Total Stockholder Equity	2.3B	2.5B	3.3B	3.6B	4.0B	4.2B
Property Plant And Equipment Net	1.8B	2.1B	2.4B	2.5B	2.8B	2.9B
Net Debt	453.5M	633.6M	865.7M	1.0B	834.1M	875.8M
Retained Earnings	2.0B	2.1B	2.9B	3.3B	3.8B	4.0B
Accounts Payable	764.8M	744.1M	876.3M	957.4M	709.1M	374.6M
Cash	824.9M	1.4B	796.3M	615.7M	1.1B	1.2B
Non Current Assets Total	2.1B	2.5B	3.1B	3.2B	3.6B	3.8B
Non Currrent Assets Other	45.7M	95.3M	75.1M	83.1M	136.1M	142.9M
Cash And Short Term Investments	936.9M	1.5B	894.9M	717.9M	1.3B	1.3B
Net Receivables	699.2M	689.0M	812.8M	934.3M	942.6M	989.7M
Common Stock Shares Outstanding	154.2M	154.9M	156.8M	156.6M	156.3M	152.8M
Liabilities And Stockholders Equity	4.9B	5.8B	6.5B	6.9B	7.5B	7.9B
Non Current Liabilities Total	1.1B	1.9B	1.5B	1.4B	1.5B	1.6B
Inventory	1.1B	1.0B	1.5B	1.8B	1.5B	1.6B
Other Current Assets	113.6M	167.0M	193.5M	176.0M	222.1M	233.2M
Total Liab	2.4B	3.1B	2.9B	3.0B	3.1B	3.3B
Total Current Assets	2.8B	3.3B	3.4B	3.6B	4.0B	4.2B
Short Term Debt	263.2M	259.9M	303.8M	361.5M	631.7M	663.2M
Other Stockholder Equity	306.7M	372.2M	429.6M	403.8M	295.8M	296.5M
Property Plant And Equipment Gross	1.8B	2.1B	2.4B	2.5B	3.7B	3.9B
Accumulated Other Comprehensive Income	(30.0M)	(27.3M)	(48.3M)	(84.9M)	(73.4M)	(69.7M)
Other Assets	194.7M	1.4B	526.5M	537.3M	617.9M	648.8M
Long Term Debt	49.2M	679.4M	263.4M	216.5M	242.9M	128.6M
Property Plant Equipment	738.9M	935.4M	2.4B	2.5B	2.9B	3.1B
Short Term Investments	112.0M	100.8M	98.6M	102.2M	113.9M	119.6M
Net Tangible Assets	2.3B	2.4B	3.2B	3.5B	4.0B	2.0B
Noncontrolling Interest In Consolidated Entity	154.3M	221.4M	244.2M	282.7M	325.1M	341.4M
Retained Earnings Total Equity	1.7B	2.0B	2.1B	2.9B	3.3B	3.5B
Long Term Debt Total	49.2M	679.4M	263.4M	216.5M	249.0M	168.7M
Capital Surpluse	306.7M	372.2M	429.6M	403.8M	464.4M	412.6M

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When determining whether Skechers USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skechers USA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skechers Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skechers Usa Stock:

How To Invest In Skechers

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Is Skechers Stock a good investment?

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What is Skechers USA's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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

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Is Skechers USA'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 Skechers USA. If investors know Skechers 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 Skechers USA 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

0.304

Earnings Share

3.8

Revenue Per Share

53.579

Quarterly Revenue Growth

0.125

Return On Assets

0.0738

The market value of Skechers USA is measured differently than its book value, which is the value of Skechers that is recorded on the company's balance sheet. Investors also form their own opinion of Skechers USA's value that differs from its market value or its book value, called intrinsic value, which is Skechers USA'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 Skechers USA's market value can be influenced by many factors that don't directly affect Skechers USA'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 Skechers USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skechers USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skechers USA'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.

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Skechers Net Debt vs Total Stockholder Equity Analysis

Net Debt vs Total Stockholder Equity

Net Debt vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Total Stockholder Equity

Skechers USA fundamental ratios Correlations

Skechers USA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skechers USA fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Other Stockholder Equity	- 0.15	Net Debt
Other Stockholder Equity	- 0.11	Short Term Debt
Other Stockholder Equity	- 0.07	Intangible Assets