Academy Sports Financials

ASO Stock  USD 67.54  0.36  0.53%   
Based on the key indicators related to Academy Sports' liquidity, profitability, solvency, and operating efficiency, Academy Sports OutdoorsInc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April. At this time, Academy Sports' Non Current Assets Total are very stable compared to the past year. As of the 28th of March 2024, Long Term Debt is likely to grow to about 735.9 M, while Short and Long Term Debt Total is likely to drop about 1.6 B. Key indicators impacting Academy Sports' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.02490.0843
Way Down
Slightly volatile
Return On Assets0.02770.1104
Way Down
Slightly volatile
Operating Income521.4 M677.4 M
Significantly Down
Slightly volatile
Current Ratio1.721.8695
Significantly Down
Slightly volatile
The financial analysis of Academy Sports is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Academy Sports includes many different criteria found on its balance sheet. For example, investors should never minimize Academy Sports' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Academy Sports' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Academy Sports.

Net Income

365.72 Million

With this module, you can analyze Academy financials for your investing period. You should be able to track the changes in Academy Sports individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Academy Sports Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Academy Sports' financial statements are interrelated, with each one affecting the others. For example, an increase in Academy Sports' assets may result in an increase in income on the income statement.
Evaluating Academy Sports' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Academy Sports' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Academy Sports' relative financial performance

Chance Of Distress

Less than 8

 
100  
 
Zero
Low
Academy Sports OutdoorsInc has less than 8 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Academy Sports stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Academy Sports' odds of distress score SHOULD NOT be confused with the real chance of Academy Sports OutdoorsInc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Academy is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Academy Sports' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Academy Sports' official financial statements usually reflect Academy Sports' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Academy Sports Outdo. For example, before you start analyzing numbers published by Academy accountants, it's critical to develop an understanding of what Academy Sports' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Academy Sports' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Academy Sports' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Academy Sports' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Academy Sports OutdoorsInc. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management manipulating its earnings.

Academy Sports Company Summary

Academy Sports competes with Macys, Wayfair, 1StdibsCom, AutoNation, and Boqii Holding. Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas. Academy Sports operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 22000 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00402L1070
CUSIP00402L107
LocationTexas; U.S.A
Business Address1800 North Mason
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.academy.com
Phone281 646 5200
CurrencyUSD - US Dollar
You should never invest in Academy Sports without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Academy Stock, because this is throwing your money away. Analyzing the key information contained in Academy Sports' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Academy Sports Key Financial Ratios

Generally speaking, Academy Sports' financial ratios allow both analysts and investors to convert raw data from Academy Sports' financial statements into concise, actionable information that can be used to evaluate the performance of Academy Sports over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Academy Sports Outdo reports annually and quarterly.

Academy Sports Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.4B4.6B4.6B4.7B4.7B
Other Current Liab141.2M214.6M214.5M147.6M121.2M175.2M
Other Liab20.0M173.8M229.6M271.8M312.5M183.9M
Net Tangible Assets(450.7M)(326.9M)27.8M188.7M217.0M227.8M
Net Debt2.5B1.6B1.4B1.4B1.3B1.3B
Accounts Payable428.8M791.4M737.8M686.5M541.1M663.2M
Cash149.4M377.6M486.0M337.1M347.9M325.2M
Other Assets15.8M8.6M4.7M17.6M1.00.95
Long Term Debt1.4B781.5M683.6M584.5M484.6M735.9M
Net Receivables14.0M17.3M19.7M16.5M19.4M18.8M
Inventory1.1B990.0M1.2B1.3B1.2B1.3B
Other Current Assets24.5M28.3M36.5M47.7M83.5M47.8M
Total Liab3.3B3.3B3.1B3.0B2.7B3.3B
Net Invested Capital2.5B1.9B2.2B2.2B2.4B1.8B
Total Current Assets1.3B1.4B1.7B1.7B1.6B1.7B
Net Working Capital538.8M247.9M588.6M648.0M765.0M618.0M
Short Term Debt110.4M84.3M86.1M112.1M120.8M106.7M
Common Stock996.3M911K870K767K743K705.9K

Academy Sports Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Academy Sports' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision2.8M30.4M188.2M190.3M144.0M88.1M
Net Interest Income(101.3M)(86.5M)(49.0M)(46.4M)(46.1M)(48.4M)
Interest Expense101.3M86.5M49.0M46.4M48.2M62.3M
Total Revenue4.8B5.7B6.8B6.4B6.2B6.2B
Gross Profit1.4B1.7B2.4B2.2B2.0B2.0B
Operating Income179.4M420.4M907.9M846.5M677.4M521.4M
Ebit179.4M420.4M907.9M846.5M677.4M521.8M
Ebitda299.2M527.5M1.0B973.5M788.3M654.1M
Cost Of Revenue3.4B4.0B4.4B4.2B4.2B4.2B
Income Before Tax122.9M339.1M859.5M818.3M663.2M453.8M
Net Income120.0M308.8M671.4M628.0M519.2M365.7M
Income Tax Expense2.8M30.4M188.2M190.3M144.0M88.1M

Academy Sports Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Academy Sports Outdo. It measures of how well Academy is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Academy Sports brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Academy had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Academy Sports has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory34.4M109.5M(181.8M)(111.7M)89.4M93.8M
Investments(66.8M)8.1M(76.0M)(108.8M)(206.1M)(195.8M)
Change In Cash73.7M228.2M108.4M(148.9M)10.8M10.2M
Net Borrowings(122.8M)(679.2M)(103.2M)(103M)(92.7M)(97.3M)
Free Cash Flow200.9M970.3M597.2M443.2M327.5M405.6M
Depreciation117.3M105.5M105.3M106.8M110.9M92.8M
Other Non Cash Items(34.0M)17.3M2.2M5.0M20.6M21.6M
Capital Expenditures62.8M41.3M76.0M108.8M208.3M115.9M
Net Income120.0M308.8M671.4M628.0M519.2M365.7M
End Period Cash Flow149.4M377.6M486.0M337.1M347.9M283.6M
Change To Netincome(29.6M)28.7M121.0M65.0M74.7M78.5M

Academy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Academy Sports's current stock value. Our valuation model uses many indicators to compare Academy Sports value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Academy Sports competition to find correlations between indicators driving Academy Sports's intrinsic value. More Info.
Academy Sports OutdoorsInc is rated third in return on asset category among related companies. It is rated fifth in cash per share category among related companies fabricating about  54.81  of Cash Per Share per Return On Asset. At this time, Academy Sports' Cash Per Share is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Academy Sports by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Academy Sports' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Academy Sports' earnings, one of the primary drivers of an investment's value.

Academy Sports Outdo Systematic Risk

Academy Sports' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Academy Sports volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Academy Sports Outdo correlated with the market. If Beta is less than 0 Academy Sports generally moves in the opposite direction as compared to the market. If Academy Sports Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Academy Sports Outdo is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Academy Sports is generally in the same direction as the market. If Beta > 1 Academy Sports moves generally in the same direction as, but more than the movement of the benchmark.

About Academy Sports Financials

What exactly are Academy Sports Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Academy Sports' income statement, its balance sheet, and the statement of cash flows. Potential Academy Sports investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Academy Sports investors may use each financial statement separately, they are all related. The changes in Academy Sports's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Academy Sports'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Academy Sports Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Academy Sports is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Academy has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Academy Sports' financials are consistent with your investment objective using the following steps:
  • Review Academy Sports' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Academy Sports' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Academy Sports' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Academy Sports' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Academy Sports Thematic Clasifications

Academy Sports OutdoorsInc is part of several thematic ideas from Recreation to Sport Products. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas

Academy Sports March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Academy Sports help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Academy Sports OutdoorsInc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Academy Sports OutdoorsInc based on widely used predictive technical indicators. In general, we focus on analyzing Academy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Academy Sports's daily price indicators and compare them against related drivers.
When determining whether Academy Sports Outdo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Academy Sports' 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 Academy Sports Outdoorsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoorsinc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports OutdoorsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Academy Sports' price analysis, check to measure Academy Sports' 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 Academy Sports is operating at the current time. Most of Academy Sports' value examination focuses on studying past and present price action to predict the probability of Academy Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Academy Sports' price. Additionally, you may evaluate how the addition of Academy Sports to your portfolios can decrease your overall portfolio volatility.
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Is Academy Sports' 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 Academy Sports. If investors know Academy 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 Academy Sports 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
0.118
Dividend Share
0.38
Earnings Share
6.7
Revenue Per Share
81.7
Quarterly Revenue Growth
0.028
The market value of Academy Sports Outdo is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Academy Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.