Foot Locker Financials
| FL Stock | USD 22.24 0.68 3.15% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.0537 | 0.3249 |
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| Operating Income | 210.9 M | 222 M |
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| Current Ratio | 3.53 | 1.7235 |
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The financial analysis of Foot Locker is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Foot Locker includes many different criteria found on its balance sheet. For example, investors should never minimize Foot Locker's 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 Foot Locker's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Foot Locker.
Cash And Equivalents |
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With this module, you can analyze Foot financials for your investing period. You should be able to track the changes in Foot Locker individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Foot | Select Account or Indicator |
Understanding current and past Foot Locker Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Foot Locker's financial statements are interrelated, with each one affecting the others. For example, an increase in Foot Locker's assets may result in an increase in income on the income statement.
The data published in Foot Locker's official financial statements usually reflect Foot Locker's 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 Foot Locker. For example, before you start analyzing numbers published by Foot accountants, it's critical to develop an understanding of what Foot Locker's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Foot Locker's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Foot Locker's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Foot Locker's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Foot Locker. Please utilize our Beneish M Score to check the likelihood of Foot Locker's management manipulating its earnings.
Foot Locker Stock Summary
Foot Locker competes with Abercrombie Fitch, Gap, Urban Outfitters, Childrens Place, and American Eagle. Foot Locker, Inc., through its subsidiaries, operates as an athletic footwear and apparel retailer. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York. Footlocker operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 16555 people.Specialization | Consumer Discretionary, Consumer Discretionary Distribution & Retail |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US3448491049 |
| CUSIP | 344849104 922944103 980883102 |
| Location | New York; U.S.A |
| Business Address | 330 West 34th |
| Sector | Specialty Retail |
| Industry | Consumer Discretionary |
| Benchmark | NYSE Composite |
| Website | www.footlocker.com/corp |
| Phone | 212 720 3700 |
| Currency | USD - US Dollar |
You should never invest in Foot Locker without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Foot Stock, because this is throwing your money away. Analyzing the key information contained in Foot Locker's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Foot Locker Key Financial Ratios
Generally speaking, Foot Locker's financial ratios allow both analysts and investors to convert raw data from Foot Locker's financial statements into concise, actionable information that can be used to evaluate the performance of Foot Locker 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 Foot Locker reports annually and quarterly.| Return On Equity | -0.11 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.02 % |
Foot Locker Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.6B | 7.0B | 8.1B | 7.9B | 6.9B | 4.3B | |
| Other Current Liab | 300M | 511M | 524M | 529M | 397M | 303.8M | |
| Net Debt | 2.4B | 1.5B | 2.6B | 2.7B | 2.6B | 2.8B | |
| Retained Earnings | 2.1B | 2.3B | 2.9B | 2.9B | 2.5B | 1.9B | |
| Cash | 907M | 1.7B | 804M | 536M | 297M | 493.1M | |
| Inventory | 1.2B | 923M | 1.3B | 1.6B | 1.5B | 1.0B | |
| Other Current Assets | 271M | 230M | 306M | 342M | 419M | 287.7M | |
| Total Liab | 4.1B | 4.3B | 4.9B | 4.6B | 4.0B | 2.1B | |
| Total Current Assets | 2.4B | 2.8B | 2.4B | 2.5B | 2.2B | 2.2B | |
| Short Term Debt | 518M | 682M | 578M | 550M | 497M | 521.9M | |
| Accounts Payable | 333M | 400M | 596M | 492M | 366M | 310.9M | |
| Intangible Assets | 20M | 17M | 454M | 426M | 399M | 419.0M | |
| Net Receivables | 101M | 125M | 136M | 160M | 184M | 92.3M | |
| Other Liab | 122M | 116M | 331M | 328M | 295.2M | 251.9M | |
| Other Assets | 162M | 189M | 207M | 182M | 163.8M | 230.5M | |
| Long Term Debt | 122M | 8M | 451M | 446M | 442M | 464.1M | |
| Treasury Stock | (63M) | (37M) | (3M) | (88M) | (79.2M) | (83.2M) | |
| Net Tangible Assets | 2.3B | 2.6B | 2.0B | 2.1B | 2.4B | 2.5B | |
| Long Term Debt Total | 122M | 8M | 451M | 446M | 512.9M | 538.5M |
Foot Locker Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Foot Locker. It measures of how well Foot 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 Foot Locker 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 Foot 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 Foot Locker 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 51M | 294M | (259M) | (397M) | 120M | 126M | |
| Change In Cash | (39M) | 776M | (868M) | (268M) | (252M) | (239.4M) | |
| Free Cash Flow | 509M | 903M | 457M | (112M) | (151M) | (143.5M) | |
| Depreciation | 179M | 176M | 197M | 208M | 199M | 139.5M | |
| Other Non Cash Items | (11M) | (93M) | (219M) | 78M | 583M | 612.2M | |
| Dividends Paid | 158M | 164M | 73M | 150M | 113M | 114.2M | |
| Net Income | 491M | 323M | 892M | 341M | (330M) | (313.5M) | |
| End Period Cash Flow | 942M | 1.7B | 850M | 582M | 297M | 540.5M | |
| Change To Netincome | 12M | (87M) | (117M) | 129M | 116.1M | 121.9M | |
| Investments | (50M) | (168M) | (118M) | (162M) | (222M) | (210.9M) |
Foot Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Foot Locker's current stock value. Our valuation model uses many indicators to compare Foot Locker value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Foot Locker competition to find correlations between indicators driving Foot Locker's intrinsic value. More Info.Foot Locker is rated # 5 in return on equity category among related companies. It is rated # 5 in return on asset category among related companies . At this time, Foot Locker's Return On Equity is quite stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Foot Locker by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Foot Locker's 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 Foot Locker's earnings, one of the primary drivers of an investment's value.Foot Locker Systematic Risk
Foot Locker's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Foot Locker 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 Foot Locker correlated with the market. If Beta is less than 0 Foot Locker generally moves in the opposite direction as compared to the market. If Foot Locker Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Foot Locker is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Foot Locker is generally in the same direction as the market. If Beta > 1 Foot Locker moves generally in the same direction as, but more than the movement of the benchmark.
About Foot Locker Financials
What exactly are Foot Locker 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 Foot Locker's income statement, its balance sheet, and the statement of cash flows. Potential Foot Locker investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Foot Locker investors may use each financial statement separately, they are all related. The changes in Foot Locker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Foot Locker'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 Foot Locker 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 Foot Locker 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 Foot 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 Foot Locker's financials are consistent with your investment objective using the following steps:- Review Foot Locker's 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 Foot Locker's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Foot Locker's 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 Foot Locker's stock is overvalued or undervalued.
Foot Locker Thematic Clasifications
Foot Locker is part of Retail investing theme. 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. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Retail | View |
Today, most investors in Foot Locker Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Foot Locker's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Foot Locker growth as a starting point in their analysis.
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Foot Locker April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Foot Locker help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Foot Locker. We use our internally-developed statistical techniques to arrive at the intrinsic value of Foot Locker based on widely used predictive technical indicators. In general, we focus on analyzing Foot Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Foot Locker's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 36.4 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 6.07 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Foot Stock analysis
When running Foot Locker's price analysis, check to measure Foot Locker'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 Foot Locker is operating at the current time. Most of Foot Locker's value examination focuses on studying past and present price action to predict the probability of Foot Locker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foot Locker's price. Additionally, you may evaluate how the addition of Foot Locker to your portfolios can decrease your overall portfolio volatility.
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Is Foot Locker'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 Foot Locker. If investors know Foot 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 Foot Locker 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 (0.71) | Dividend Share 1.2 | Earnings Share (3.51) | Revenue Per Share 86.709 | Quarterly Revenue Growth 0.02 |
The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker'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 Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker'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 Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker'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.