Skechers Net Income Per Share vs Capex To Operating Cash Flow 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 Net Income Per Share and its Capex To Operating Cash Flow 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.

Net Income Per Share vs Capex To Operating Cash Flow

Net Income Per Share vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Net Income Per Share account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Skechers USA's Net Income Per Share and Capex To Operating Cash Flow is 0.36. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Capex To Operating Cash Flow 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 Income Per Share and Capex To Operating Cash Flow 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 Income Per Share of Skechers USA are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Net Income Per Share i.e., Skechers USA's Net Income Per Share and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income Per Share

Capex To Operating Cash Flow

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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