Callaway Total Stockholder Equity vs Capital Stock Analysis

MODG Stock  USD 8.30  0.01  0.12%   
Callaway Golf financial indicator trend analysis is way more than just evaluating Callaway Golf prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Callaway Golf is a good investment. Please check the relationship between Callaway Golf Total Stockholder Equity and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Total Stockholder Equity vs Capital Stock

Total Stockholder Equity vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Callaway Golf Total Stockholder Equity account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Callaway Golf's Total Stockholder Equity and Capital Stock is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Callaway Golf, assuming nothing else is changed. The correlation between historical values of Callaway Golf's Total Stockholder Equity and Capital Stock 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 Stockholder Equity of Callaway Golf are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Stockholder Equity i.e., Callaway Golf's Total Stockholder Equity and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Callaway Golf's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Callaway Golf 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.At this time, Callaway Golf's Enterprise Value Multiple is most likely to decrease significantly in the upcoming years. The Callaway Golf's current Enterprise Value is estimated to increase to about 6.8 B, while Tax Provision is forecasted to increase to (53.7 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.4B2.6B2.8B
Total Revenue3.1B4.0B4.3B4.5B

Callaway Golf fundamental ratios Correlations

0.980.970.971.00.990.980.940.821.00.820.820.280.990.940.990.991.00.990.960.750.98-0.010.690.990.99
0.980.950.920.970.991.00.930.860.980.860.810.270.990.90.980.960.990.990.950.680.96-0.070.560.980.98
0.970.950.940.970.970.950.870.820.970.820.820.270.970.90.950.970.970.960.930.710.95-0.110.730.950.95
0.970.920.940.960.940.930.950.770.960.770.850.20.950.980.980.950.960.930.970.880.980.170.750.940.94
1.00.970.970.960.990.970.940.81.00.80.80.270.980.920.981.00.990.980.940.740.980.010.710.980.98
0.990.990.970.940.990.990.920.81.00.80.810.311.00.910.980.990.991.00.940.710.96-0.070.650.990.99
0.981.00.950.930.970.990.930.830.980.840.810.290.990.910.980.960.990.990.950.690.96-0.060.570.980.98
0.940.930.870.950.940.920.930.820.930.820.850.150.930.950.960.910.940.920.970.80.950.190.570.940.94
0.820.860.820.770.80.80.830.820.811.00.70.10.840.720.810.780.830.810.870.480.84-0.160.360.820.82
1.00.980.970.961.01.00.980.930.810.810.80.310.990.920.980.990.990.990.950.740.98-0.030.70.990.99
0.820.860.820.770.80.80.840.821.00.810.70.10.840.720.810.780.830.810.870.480.84-0.160.360.820.82
0.820.810.820.850.80.810.810.850.70.80.7-0.120.820.910.840.770.830.810.910.760.80.160.50.790.79
0.280.270.270.20.270.310.290.150.10.310.1-0.120.30.110.230.30.280.30.10.20.25-0.470.310.30.3
0.990.990.970.950.981.00.990.930.840.990.840.820.30.920.980.981.00.990.960.730.97-0.070.650.980.98
0.940.90.90.980.920.910.910.950.720.920.720.910.110.920.960.90.940.910.970.890.940.210.680.90.9
0.990.980.950.980.980.980.980.960.810.980.810.840.230.980.960.960.990.970.970.790.980.090.650.970.97
0.990.960.970.951.00.990.960.910.780.990.780.770.30.980.90.960.980.980.920.710.97-0.030.740.980.98
1.00.990.970.960.990.990.990.940.830.990.830.830.281.00.940.990.980.990.970.760.98-0.030.670.980.98
0.990.990.960.930.981.00.990.920.810.990.810.810.30.990.910.970.980.990.940.690.95-0.080.610.990.99
0.960.950.930.970.940.940.950.970.870.950.870.910.10.960.970.970.920.970.940.790.960.10.60.940.94
0.750.680.710.880.740.710.690.80.480.740.480.760.20.730.890.790.710.760.690.790.80.350.730.70.7
0.980.960.950.980.980.960.960.950.840.980.840.80.250.970.940.980.970.980.950.960.80.090.70.960.96
-0.01-0.07-0.110.170.01-0.07-0.060.19-0.16-0.03-0.160.16-0.47-0.070.210.09-0.03-0.03-0.080.10.350.090.1-0.04-0.04
0.690.560.730.750.710.650.570.570.360.70.360.50.310.650.680.650.740.670.610.60.730.70.10.610.61
0.990.980.950.940.980.990.980.940.820.990.820.790.30.980.90.970.980.980.990.940.70.96-0.040.611.0
0.990.980.950.940.980.990.980.940.820.990.820.790.30.980.90.970.980.980.990.940.70.96-0.040.611.0
Click cells to compare fundamentals

Callaway Golf Account Relationship Matchups

Callaway Golf fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B7.7B8.6B9.1B9.6B
Short Long Term Debt Total759.3M894.9M3.0B2.9B4.4B4.6B
Other Current Liab65.6M247.6M620.0M703.5M658.7M691.6M
Total Current Liabilities523.2M391.3M866.0M1.2B947.6M995.0M
Total Stockholder Equity767.4M675.6M3.7B3.8B3.9B4.1B
Property Plant And Equipment Net292.9M341.3M2.8B3.2B3.8B4.0B
Net Debt652.6M528.7M2.6B2.7B4.0B4.2B
Retained Earnings489.4M360.2M682.2M852.5M947.5M994.9M
Cash106.7M366.1M352.2M180.2M393.5M413.2M
Non Current Assets Total1.2B1.1B6.6B7.1B7.5B7.9B
Cash And Short Term Investments106.7M366.1M352.2M180.2M398.7M418.6M
Net Receivables140.5M138.5M118.2M242.1M227.4M238.8M
Common Stock Shares Outstanding96.3M94.2M176.9M201.3M201.1M101.2M
Liabilities And Stockholders Equity2.0B2.0B7.7B8.6B9.1B9.6B
Non Current Liabilities Total669.9M913.7M3.2B3.6B4.3B4.5B
Inventory456.6M352.5M533.5M959.2M794.4M834.1M
Other Current Assets85.6M55.5M160.7M190.3M207.6M218.0M
Other Stockholder Equity299.4M321.0M3.0B3.0B3.0B3.1B
Total Liab1.2B1.3B4.1B4.8B5.2B5.5B
Property Plant And Equipment Gross292.9M341.3M2.8B3.2B4.2B4.4B
Total Current Assets789.4M912.6M1.2B1.5B1.6B1.7B
Accumulated Other Comprehensive Income(22.4M)(6.5M)(27.3M)(61.5M)(47.5M)(45.1M)
Short Term Debt178.3M71.5M107.3M313.6M141.1M148.2M
Intangible Assets697.2M541.0M1.5B1.5B1.5B1.6B
Accounts Payable276.3M66.3M138.7M159.1M130.7M92.9M
Non Currrent Assets Other17.1M14.5M257.4M355.4M93.4M46.7M
Other Liab81.4M85.1M327.6M142.2M163.5M171.7M
Other Assets89.8M380.5M257.4M97.6M112.2M76.7M
Treasury Stock(24.2M)(25.9M)(25.4M)(31.3M)(36.0M)(37.8M)
Property Plant Equipment132.8M146.5M2.8B1.8B2.1B2.2B
Current Deferred Revenue3.0M2.5M93.9M94.9M17.1M9.9M
Long Term Debt443.3M650.6M1.5B1.2B2.5B2.6B
Good Will203.7M56.7M2.0B2.0B2.0B2.1B
Net Tangible Assets207.9M312.6M194.2M2.4B2.7B2.9B
Retained Earnings Total Equity489.4M360.2M682.2M852.5M980.4M1.0B

Currently Active Assets on Macroaxis

When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf'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 Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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
(0.46)
Earnings Share
(0.07)
Revenue Per Share
22.907
Quarterly Revenue Growth
(0.03)
Return On Assets
0.013
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.