Skechers Income Quality vs Free Cash Flow Per Share Analysis

SKX Stock

USD 70.39 1.61 2.24%

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 Income Quality and its Free Cash Flow Per Share 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.

Income Quality vs Free Cash Flow Per Share

Income Quality vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Income Quality account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Skechers USA's Income Quality and Free Cash Flow Per Share is 0.57. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Free Cash Flow Per Share 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 Income Quality and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Skechers USA are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Income Quality i.e., Skechers USA's Income Quality and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Quality

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

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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 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		0.93	0.99	0.99	0.98	0.99	0.76	0.99	0.97	0.82	0.99	0.9	0.85	0.99	0.46	0.94	0.96	0.84	0.98	0.98	0.92	0.87	0.24	0.97	0.75	0.52
Short Long Term Debt Total	0.93		0.9	0.91	0.85	0.97	0.9	0.87	0.84	0.74	0.95	0.86	0.78	0.89	0.29	1.0	0.84	0.9	0.98	0.88	0.96	0.8	0.08	0.92	0.87	0.69
Other Current Liab	0.99	0.9		0.99	0.98	0.97	0.73	0.99	0.98	0.79	0.97	0.85	0.83	0.99	0.42	0.9	0.97	0.78	0.96	0.98	0.9	0.89	0.19	0.95	0.69	0.45
Total Current Liabilities	0.99	0.91	0.99		0.98	0.97	0.74	0.98	0.98	0.8	0.97	0.87	0.83	0.99	0.47	0.91	0.97	0.8	0.97	0.98	0.91	0.87	0.24	0.95	0.7	0.46
Total Stockholder Equity	0.98	0.85	0.98	0.98		0.95	0.66	1.0	0.98	0.81	0.96	0.87	0.83	0.99	0.52	0.86	0.97	0.77	0.93	0.98	0.86	0.86	0.31	0.95	0.66	0.41
Property Plant And Equipment Net	0.99	0.97	0.97	0.97	0.95		0.84	0.96	0.93	0.76	1.0	0.86	0.79	0.96	0.38	0.96	0.93	0.85	0.99	0.94	0.96	0.86	0.14	0.98	0.76	0.54
Net Debt	0.76	0.9	0.73	0.74	0.66	0.84		0.68	0.62	0.38	0.84	0.65	0.43	0.7	0.03	0.88	0.69	0.76	0.83	0.65	0.92	0.58	-0.12	0.77	0.69	0.55
Retained Earnings	0.99	0.87	0.99	0.98	1.0	0.96	0.68		0.97	0.8	0.97	0.85	0.82	0.98	0.46	0.87	0.97	0.77	0.94	0.97	0.88	0.88	0.23	0.97	0.66	0.41
Accounts Payable	0.97	0.84	0.98	0.98	0.98	0.93	0.62	0.97		0.84	0.93	0.87	0.87	0.99	0.57	0.85	0.97	0.76	0.93	0.99	0.83	0.85	0.36	0.9	0.65	0.42
Cash	0.82	0.74	0.79	0.8	0.81	0.76	0.38	0.8	0.84		0.75	0.84	1.0	0.81	0.58	0.78	0.73	0.75	0.81	0.88	0.62	0.82	0.35	0.77	0.79	0.62
Non Current Assets Total	0.99	0.95	0.97	0.97	0.96	1.0	0.84	0.97	0.93	0.75		0.85	0.78	0.96	0.37	0.95	0.93	0.85	0.98	0.94	0.96	0.86	0.14	0.98	0.74	0.51
Non Currrent Assets Other	0.9	0.86	0.85	0.87	0.87	0.86	0.65	0.85	0.87	0.84	0.85		0.86	0.88	0.5	0.89	0.88	0.82	0.9	0.91	0.76	0.67	0.43	0.8	0.84	0.71
Cash And Short Term Investments	0.85	0.78	0.83	0.83	0.83	0.79	0.43	0.82	0.87	1.0	0.78	0.86		0.84	0.57	0.81	0.76	0.77	0.84	0.9	0.66	0.84	0.34	0.79	0.8	0.63
Net Receivables	0.99	0.89	0.99	0.99	0.99	0.96	0.7	0.98	0.99	0.81	0.96	0.88	0.84		0.51	0.89	0.98	0.78	0.96	0.99	0.88	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	0.03	0.46	0.57	0.58	0.37	0.5	0.57	0.51		0.32	0.51	0.4	0.39	0.56	0.22	0.28	0.88	0.34	0.26	0.24
Non Current Liabilities Total	0.94	1.0	0.9	0.91	0.86	0.96	0.88	0.87	0.85	0.78	0.95	0.89	0.81	0.89	0.32		0.84	0.91	0.98	0.89	0.94	0.81	0.12	0.91	0.89	0.72
Inventory	0.96	0.84	0.97	0.97	0.97	0.93	0.69	0.97	0.97	0.73	0.93	0.88	0.76	0.98	0.51	0.84		0.73	0.92	0.97	0.85	0.76	0.36	0.89	0.62	0.39
Other Current Assets	0.84	0.9	0.78	0.8	0.77	0.85	0.76	0.77	0.76	0.75	0.85	0.82	0.77	0.78	0.4	0.91	0.73		0.88	0.8	0.81	0.69	0.28	0.79	0.86	0.76
Total Liab	0.98	0.98	0.96	0.97	0.93	0.99	0.83	0.94	0.93	0.81	0.98	0.9	0.84	0.96	0.39	0.98	0.92	0.88		0.95	0.95	0.85	0.18	0.95	0.82	0.62
Total Current Assets	0.98	0.88	0.98	0.98	0.98	0.94	0.65	0.97	0.99	0.88	0.94	0.91	0.9	0.99	0.56	0.89	0.97	0.8	0.95		0.84	0.86	0.35	0.92	0.73	0.51
Short Term Debt	0.92	0.96	0.9	0.91	0.86	0.96	0.92	0.88	0.83	0.62	0.96	0.76	0.66	0.88	0.22	0.94	0.85	0.81	0.95	0.84		0.78	-0.01	0.93	0.72	0.49
Intangible Assets	0.87	0.8	0.89	0.87	0.86	0.86	0.58	0.88	0.85	0.82	0.86	0.67	0.84	0.86	0.28	0.81	0.76	0.69	0.85	0.86	0.78		-0.07	0.91	0.65	0.4
Other Stockholder Equity	0.24	0.08	0.19	0.24	0.31	0.14	-0.12	0.23	0.36	0.35	0.14	0.43	0.34	0.29	0.88	0.12	0.36	0.28	0.18	0.35	-0.01	-0.07		0.06	0.14	0.2
Property Plant And Equipment Gross	0.97	0.92	0.95	0.95	0.95	0.98	0.77	0.97	0.9	0.77	0.98	0.8	0.79	0.94	0.34	0.91	0.89	0.79	0.95	0.92	0.93	0.91	0.06		0.71	0.46
Other Assets	0.75	0.87	0.69	0.7	0.66	0.76	0.69	0.66	0.65	0.79	0.74	0.84	0.8	0.68	0.26	0.89	0.62	0.86	0.82	0.73	0.72	0.65	0.14	0.71		0.93
Long Term Debt	0.52	0.69	0.45	0.46	0.41	0.54	0.55	0.41	0.42	0.62	0.51	0.71	0.63	0.45	0.24	0.72	0.39	0.76	0.62	0.51	0.49	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	1.7B	1.8B
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	493.9M	518.6M
Retained Earnings	2.0B	2.1B	2.9B	3.3B	3.8B	4.0B
Accounts Payable	764.8M	744.1M	876.3M	957.4M	1.0B	1.1B
Cash	824.9M	1.4B	796.3M	615.7M	1.2B	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	69.9M	73.4M
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	312.4M	320.1M	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	332.8M	349.4M
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	72.6M	53.7M
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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Skechers Income Quality vs Free Cash Flow Per Share Analysis

Income Quality vs Free Cash Flow Per Share

Income Quality vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Free Cash Flow Per Share

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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Additional Tools for Skechers Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
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

Other Stockholder Equity	- 0.12	Net Debt
Other Stockholder Equity	- 0.07	Intangible Assets
Other Stockholder Equity	- 0.01	Short Term Debt