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 Payout Ratio and its Book Value 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.
Payout Ratio vs Book Value Per Share
Payout Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Skechers USA Payout Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Skechers USA's Payout Ratio and Book Value Per Share is 0.05. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Book Value 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 Payout Ratio and Book Value 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 Payout Ratio of Skechers USA are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Payout Ratio i.e., Skechers USA's Payout Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of Skechers USA earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Skechers USA dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Skechers USA is paying out more in dividends than it makes in net income.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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.
Skechers USA fundamental ratios Correlations
Click cells to compare fundamentals
Skechers USA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skechers USA fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Skechers Stock Analysis
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.