Skechers Current Ratio from 2010 to 2024

SKX Stock  USD 65.41  6.59  11.20%   
Skechers USA Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 2.30 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.37984378
Current Value
2.3
Quarterly Volatility
0.55579551
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skechers USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skechers main balance sheet or income statement drivers, such as Depreciation And Amortization of 191 M, Total Revenue of 8.4 B or Gross Profit of 4.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.27 or PTB Ratio of 2.6. Skechers financial statements analysis is a perfect complement when working with Skechers USA Valuation or Volatility modules.
  
This module can also supplement Skechers USA's financial leverage analysis and stock options assessment as well as various Skechers USA Technical models . Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Latest Skechers USA's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Skechers USA over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Skechers USA's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skechers USA's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.27 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Skechers Current Ratio Regression Statistics

Arithmetic Mean2.63
Geometric Mean2.57
Coefficient Of Variation21.09
Mean Deviation0.42
Median2.72
Standard Deviation0.56
Sample Variance0.31
Range2.3039
R-Value(0.12)
Mean Square Error0.33
R-Squared0.01
Significance0.67
Slope(0.02)
Total Sum of Squares4.32

Skechers Current Ratio History

2024 2.3
2023 2.38
2022 2.26
2021 2.33
2020 2.76
2019 2.28
2018 2.91

About Skechers USA Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Skechers USA income statement, its balance sheet, and the statement of cash flows. Skechers USA investors use historical funamental indicators, such as Skechers USA's Current Ratio, to determine how well the company is positioned to perform in the future. Although Skechers USA investors may use each financial statement separately, they are all related. The changes in Skechers USA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Skechers USA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Skechers USA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Skechers USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.38  2.30 

Currently Active Assets on Macroaxis

When determining whether Skechers USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skechers USA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skechers Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skechers Usa Stock:
Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.
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Is Skechers USA's industry 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 Skechers USA. If investors know Skechers 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 Skechers USA 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
0.304
Earnings Share
3.49
Revenue Per Share
53.579
Quarterly Revenue Growth
0.125
Return On Assets
0.0737
The market value of Skechers USA is measured differently than its book value, which is the value of Skechers that is recorded on the company's balance sheet. Investors also form their own opinion of Skechers USA's value that differs from its market value or its book value, called intrinsic value, which is Skechers USA'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 Skechers USA's market value can be influenced by many factors that don't directly affect Skechers USA'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 Skechers USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skechers USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skechers USA'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.