Skechers Dividend Yield vs Income Quality Analysis

SKX Stock  USD 65.65  1.83  2.87%   
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 Dividend Yield and its Income Quality 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 closely tied 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.

Dividend Yield vs Income Quality

Dividend Yield vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Dividend Yield account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Skechers USA's Dividend Yield and Income Quality is 0.17. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Income Quality 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 Dividend Yield and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Skechers USA are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Dividend Yield i.e., Skechers USA's Dividend Yield and Income Quality go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Skechers USA dividend as a percentage of Skechers USA stock price. Skechers USA dividend yield is a measure of Skechers USA stock productivity, which can be interpreted as interest rate earned on an Skechers USA investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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 closely tied 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

0.930.990.990.980.990.760.990.970.820.990.90.850.990.460.940.960.840.980.980.920.870.240.970.750.52
0.930.90.910.850.970.90.870.840.740.950.860.780.890.291.00.840.90.980.880.960.80.080.920.870.69
0.990.90.990.980.970.730.990.980.790.970.850.830.990.420.90.970.780.960.980.90.890.190.950.690.45
0.990.910.990.980.970.740.980.980.80.970.870.830.990.470.910.970.80.970.980.910.870.240.950.70.46
0.980.850.980.980.950.661.00.980.810.960.870.830.990.520.860.970.770.930.980.860.860.310.950.660.41
0.990.970.970.970.950.840.960.930.761.00.860.790.960.380.960.930.850.990.940.960.860.140.980.760.54
0.760.90.730.740.660.840.680.620.380.840.650.430.70.030.880.690.760.830.650.920.58-0.120.770.690.55
0.990.870.990.981.00.960.680.970.80.970.850.820.980.460.870.970.770.940.970.880.880.230.970.660.41
0.970.840.980.980.980.930.620.970.840.930.870.870.990.570.850.970.760.930.990.830.850.360.90.650.42
0.820.740.790.80.810.760.380.80.840.750.841.00.810.580.780.730.750.810.880.620.820.350.770.790.62
0.990.950.970.970.961.00.840.970.930.750.850.780.960.370.950.930.850.980.940.960.860.140.980.740.51
0.90.860.850.870.870.860.650.850.870.840.850.860.880.50.890.880.820.90.910.760.670.430.80.840.71
0.850.780.830.830.830.790.430.820.871.00.780.860.840.570.810.760.770.840.90.660.840.340.790.80.63
0.990.890.990.990.990.960.70.980.990.810.960.880.840.510.890.980.780.960.990.880.860.290.940.680.45
0.460.290.420.470.520.380.030.460.570.580.370.50.570.510.320.510.40.390.560.220.280.880.340.260.24
0.941.00.90.910.860.960.880.870.850.780.950.890.810.890.320.840.910.980.890.940.810.120.910.890.72
0.960.840.970.970.970.930.690.970.970.730.930.880.760.980.510.840.730.920.970.850.760.360.890.620.39
0.840.90.780.80.770.850.760.770.760.750.850.820.770.780.40.910.730.880.80.810.690.280.790.860.76
0.980.980.960.970.930.990.830.940.930.810.980.90.840.960.390.980.920.880.950.950.850.180.950.820.62
0.980.880.980.980.980.940.650.970.990.880.940.910.90.990.560.890.970.80.950.840.860.350.920.730.51
0.920.960.90.910.860.960.920.880.830.620.960.760.660.880.220.940.850.810.950.840.78-0.010.930.720.49
0.870.80.890.870.860.860.580.880.850.820.860.670.840.860.280.810.760.690.850.860.78-0.070.910.650.4
0.240.080.190.240.310.14-0.120.230.360.350.140.430.340.290.880.120.360.280.180.35-0.01-0.070.060.140.2
0.970.920.950.950.950.980.770.970.90.770.980.80.790.940.340.910.890.790.950.920.930.910.060.710.46
0.750.870.690.70.660.760.690.660.650.790.740.840.80.680.260.890.620.860.820.730.720.650.140.710.93
0.520.690.450.460.410.540.550.410.420.620.510.710.630.450.240.720.390.760.620.510.490.40.20.460.93
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 Total1.3B2.0B1.7B1.6B1.7B1.8B
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 Debt453.5M633.6M865.7M1.0B493.9M518.6M
Retained Earnings2.0B2.1B2.9B3.3B3.8B4.0B
Accounts Payable764.8M744.1M876.3M957.4M1.0B1.1B
Cash824.9M1.4B796.3M615.7M1.2B1.2B
Non Current Assets Total2.1B2.5B3.1B3.2B3.6B3.8B
Non Currrent Assets Other45.7M95.3M75.1M83.1M69.9M73.4M
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 Assets113.6M312.4M320.1M176.0M222.1M233.2M
Total Liab2.4B3.1B2.9B3.0B3.1B3.3B
Total Current Assets2.8B3.3B3.4B3.6B4.0B4.2B
Short Term Debt263.2M259.9M303.8M361.5M332.8M349.4M
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 Investments112.0M100.8M98.6M102.2M72.6M53.7M
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 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.