Skechers Short Term Debt vs Common Stock Shares Outstanding Analysis

SKX Stock  USD 68.29  0.91  1.35%   
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 Short Term Debt and its Common Stock Shares Outstanding 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.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Skechers USA's Short Term Debt and Common Stock Shares Outstanding is 0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Skechers USA are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., Skechers USA's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its 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 Revenue6.3B7.4B8.0B8.4B
Depreciation And Amortization139.6M153.7M181.9M191.0M

Skechers USA fundamental ratios Correlations

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0.990.980.970.970.950.90.960.690.761.00.910.790.960.380.960.930.940.990.940.930.860.140.980.760.54
0.820.930.790.80.730.90.760.490.450.890.70.50.760.050.90.730.80.870.710.860.69-0.150.860.70.53
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0.750.630.750.780.730.690.490.70.640.680.550.670.790.610.690.810.60.740.80.420.50.570.570.550.48
0.820.760.790.80.80.760.450.790.640.740.851.00.810.580.780.730.750.80.880.660.80.370.760.790.63
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0.850.790.830.830.830.790.50.820.671.00.780.860.840.570.810.760.770.840.90.690.840.340.790.80.63
0.990.90.990.990.990.960.760.980.790.810.960.90.840.510.890.980.890.960.990.860.860.290.940.680.45
0.460.290.420.470.520.380.050.460.610.580.370.410.570.510.320.510.470.390.560.20.280.880.340.260.24
0.940.990.90.910.860.960.90.870.690.780.950.840.810.890.320.840.880.980.890.850.810.120.910.890.72
0.960.850.970.970.970.930.730.970.810.730.930.870.760.980.510.840.850.920.970.80.760.360.890.620.39
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0.90.910.890.880.880.930.860.910.420.660.930.890.690.860.20.850.80.90.880.830.89-0.110.980.640.36
0.870.850.890.870.860.860.690.880.50.80.860.860.840.860.280.810.760.830.850.860.89-0.070.910.650.4
0.240.050.190.240.310.14-0.150.230.570.370.140.190.340.290.880.120.360.220.180.35-0.11-0.070.060.140.2
0.970.950.950.950.950.980.860.970.570.760.980.940.790.940.340.910.890.940.950.920.980.910.060.710.46
0.750.850.690.70.660.760.70.660.550.790.740.750.80.680.260.890.620.720.820.730.640.650.140.710.93
0.520.650.450.460.410.540.530.410.480.630.510.510.630.450.240.720.390.510.620.510.360.40.20.460.93
Click cells to compare fundamentals

Skechers USA Account Relationship Matchups

Skechers USA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.8B6.5B6.9B7.5B7.9B
Short Long Term Debt Total1.3B2.0B1.7B1.6B2.0B2.1B
Other Current Liab210.2M208.7M265.4M294.1M320.1M336.1M
Total Current Liabilities1.2B1.2B1.4B1.6B1.7B1.7B
Total Stockholder Equity2.3B2.5B3.3B3.6B4.0B4.2B
Property Plant And Equipment Net1.8B2.1B2.4B2.5B2.8B2.9B
Net Debt453.5M633.6M865.7M1.0B834.1M875.8M
Retained Earnings2.0B2.1B2.9B3.3B3.8B4.0B
Accounts Payable764.8M744.1M876.3M957.4M709.1M374.6M
Cash824.9M1.4B796.3M615.7M1.1B1.2B
Non Current Assets Total2.1B2.5B3.1B3.2B3.6B3.8B
Non Currrent Assets Other45.7M95.3M75.1M83.1M136.1M142.9M
Cash And Short Term Investments936.9M1.5B894.9M717.9M1.3B1.3B
Net Receivables699.2M689.0M812.8M934.3M942.6M989.7M
Common Stock Shares Outstanding154.2M154.9M156.8M156.6M156.3M152.8M
Liabilities And Stockholders Equity4.9B5.8B6.5B6.9B7.5B7.9B
Non Current Liabilities Total1.1B1.9B1.5B1.4B1.5B1.6B
Inventory1.1B1.0B1.5B1.8B1.5B1.6B
Other Current Assets113.6M167.0M193.5M176.0M222.1M233.2M
Total Liab2.4B3.1B2.9B3.0B3.1B3.3B
Total Current Assets2.8B3.3B3.4B3.6B4.0B4.2B
Short Term Debt263.2M259.9M303.8M361.5M631.7M663.2M
Other Stockholder Equity306.7M372.2M429.6M403.8M295.8M296.5M
Property Plant And Equipment Gross1.8B2.1B2.4B2.5B3.7B3.9B
Accumulated Other Comprehensive Income(30.0M)(27.3M)(48.3M)(84.9M)(73.4M)(69.7M)
Other Assets194.7M1.4B526.5M537.3M617.9M648.8M
Long Term Debt49.2M679.4M263.4M216.5M242.9M128.6M
Property Plant Equipment738.9M935.4M2.4B2.5B2.9B3.1B
Short Term Investments112.0M100.8M98.6M102.2M113.9M119.6M
Net Tangible Assets2.3B2.4B3.2B3.5B4.0B2.0B
Noncontrolling Interest In Consolidated Entity154.3M221.4M244.2M282.7M325.1M341.4M
Retained Earnings Total Equity1.7B2.0B2.1B2.9B3.3B3.5B
Long Term Debt Total49.2M679.4M263.4M216.5M249.0M168.7M
Capital Surpluse306.7M372.2M429.6M403.8M464.4M412.6M

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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:
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.