Deckers Outdoor Stock Working Capital
| DECK Stock | USD 800.38 12.92 1.59% |
Deckers Outdoor fundamentals help investors to digest information that contributes to Deckers Outdoor's financial success or failures. It also enables traders to predict the movement of Deckers Stock. The fundamental analysis module provides a way to measure Deckers Outdoor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Deckers Outdoor stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.6 B | 1.1 B | |
| Change In Working Capital | -48.9 M | -46.4 M | |
| Working Capital | 0.00 | 0.00 |
Deckers | Working Capital |
Deckers Outdoor Company Working Capital Analysis
Deckers Outdoor's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Deckers Outdoor Working Capital | 1.41 B |
Most of Deckers Outdoor's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Deckers Outdoor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Deckers Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Deckers Outdoor is extremely important. It helps to project a fair market value of Deckers Stock properly, considering its historical fundamentals such as Working Capital. Since Deckers Outdoor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Deckers Outdoor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Deckers Outdoor's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Deckers Capital Surpluse
Capital Surpluse |
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According to the company's disclosures, Deckers Outdoor has a Working Capital of 1.41 B. This is 76.36% lower than that of the Textiles, Apparel & Luxury Goods sector and 17.71% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 4.42% higher than that of the company.
Deckers Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Deckers Outdoor's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Deckers Outdoor could also be used in its relative valuation, which is a method of valuing Deckers Outdoor by comparing valuation metrics of similar companies.Deckers Outdoor is currently under evaluation in working capital category among related companies.
Deckers Fundamentals
| Return On Equity | 0.37 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 19.5 B | ||||
| Shares Outstanding | 25.67 M | ||||
| Shares Owned By Insiders | 0.81 % | ||||
| Shares Owned By Institutions | 99.19 % | ||||
| Number Of Shares Shorted | 909.58 K | ||||
| Price To Earning | 30.19 X | ||||
| Price To Book | 9.93 X | ||||
| Price To Sales | 5.07 X | ||||
| Revenue | 3.63 B | ||||
| Gross Profit | 1.61 B | ||||
| EBITDA | 717.38 M | ||||
| Net Income | 516.82 M | ||||
| Cash And Equivalents | 419.26 M | ||||
| Cash Per Share | 15.81 X | ||||
| Total Debt | 246.49 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 2.63 X | ||||
| Book Value Per Share | 82.03 X | ||||
| Cash Flow From Operations | 537.42 M | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | 27.65 X | ||||
| Price To Earnings To Growth | 3.71 X | ||||
| Target Price | 926.09 | ||||
| Number Of Employees | 4.2 K | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 20.88 B | ||||
| Total Asset | 2.56 B | ||||
| Retained Earnings | 1.57 B | ||||
| Working Capital | 1.41 B | ||||
| Current Asset | 785.76 M | ||||
| Current Liabilities | 238.5 M | ||||
| Net Asset | 2.56 B |
About Deckers Outdoor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Deckers Outdoor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Deckers Outdoor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Deckers Outdoor based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Deckers Outdoor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deckers Outdoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deckers Outdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Deckers Stock
| 0.69 | BC | Brunswick Earnings Call This Week | PairCorr |
| 0.89 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.62 | DOGZ | Dogness International | PairCorr |
Moving against Deckers Stock
| 0.65 | FOSL | Fossil Group | PairCorr |
| 0.57 | UHG | United Homes Group | PairCorr |
| 0.53 | HWH | HWH International Symbol Change | PairCorr |
| 0.52 | VUZI | Vuzix Corp Cmn Financial Report 8th of May 2024 | PairCorr |
| 0.52 | MSN | Emerson Radio | PairCorr |
The ability to find closely correlated positions to Deckers Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deckers Outdoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deckers Outdoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deckers Outdoor to buy it.
The correlation of Deckers Outdoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deckers Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deckers Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deckers Outdoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Deckers Outdoor Piotroski F Score and Deckers Outdoor Altman Z Score analysis. For more information on how to buy Deckers Stock please use our How to buy in Deckers Stock guide.Note that the Deckers Outdoor information on this page should be used as a complementary analysis to other Deckers Outdoor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Deckers Stock analysis
When running Deckers Outdoor's price analysis, check to measure Deckers Outdoor'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 Deckers Outdoor is operating at the current time. Most of Deckers Outdoor's value examination focuses on studying past and present price action to predict the probability of Deckers Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deckers Outdoor's price. Additionally, you may evaluate how the addition of Deckers Outdoor to your portfolios can decrease your overall portfolio volatility.
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Is Deckers Outdoor'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 Deckers Outdoor. If investors know Deckers 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 Deckers Outdoor 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 0.442 | Earnings Share 27.65 | Revenue Per Share 158.194 | Quarterly Revenue Growth 0.16 | Return On Assets 0.1808 |
The market value of Deckers Outdoor is measured differently than its book value, which is the value of Deckers that is recorded on the company's balance sheet. Investors also form their own opinion of Deckers Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Deckers Outdoor'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 Deckers Outdoor's market value can be influenced by many factors that don't directly affect Deckers Outdoor'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 Deckers Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deckers Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deckers Outdoor'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.