Skechers Usa Stock Net Asset

SKX Stock  USD 60.86  0.85  1.42%   
Skechers USA fundamentals help investors to digest information that contributes to Skechers USA's financial success or failures. It also enables traders to predict the movement of Skechers Stock. The fundamental analysis module provides a way to measure Skechers USA'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 Skechers USA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Skechers Net Asset Analysis

Skechers USA's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.7B1.6B2.0B2.1B
Total Assets6.5B6.9B7.5B7.9B

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Skechers USA Net Asset

    
  7.55 B  
Most of Skechers USA's fundamental indicators, such as Net Asset, 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, Skechers USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Skechers Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Skechers USA is extremely important. It helps to project a fair market value of Skechers Stock properly, considering its historical fundamentals such as Net Asset. Since Skechers USA'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 Skechers USA'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 Skechers USA's interrelated accounts and indicators.
0.990.980.820.990.750.990.930.980.980.90.780.240.750.520.60.920.820.940.880.530.570.920.85-0.050.330.930.910.490.57
0.990.980.790.990.750.990.890.960.980.890.80.190.690.450.610.920.860.950.890.460.550.890.84-0.080.280.920.880.470.56
0.980.980.731.00.730.990.910.930.980.880.720.310.660.410.610.940.760.90.880.420.660.890.83-0.120.230.90.870.470.58
0.820.790.730.760.490.760.80.870.710.860.61-0.150.70.530.210.820.760.80.70.560.210.870.60.450.240.890.830.440.49
0.990.991.00.760.70.980.910.940.970.910.720.230.660.410.580.950.790.910.870.420.630.90.82-0.090.220.910.880.470.6
0.750.750.730.490.70.790.60.740.80.420.730.570.550.480.860.550.620.730.870.440.480.560.85-0.20.230.680.60.220.01
0.990.990.990.760.980.790.890.960.990.860.790.290.680.450.650.90.820.940.890.460.580.870.87-0.10.280.90.860.430.54
0.930.890.910.80.910.60.890.910.890.90.680.220.720.510.420.910.70.860.770.520.490.910.70.070.310.890.890.560.59
0.980.960.930.870.940.740.960.910.950.880.820.180.820.620.570.870.850.950.860.630.460.920.840.030.430.930.920.50.53
0.980.980.980.710.970.80.990.890.950.830.790.350.730.510.690.870.790.920.880.520.620.860.88-0.190.370.870.870.450.53
0.90.890.880.860.910.420.860.90.880.830.61-0.110.640.360.270.920.770.830.730.40.440.890.630.150.210.890.880.510.66
0.780.80.720.610.720.730.790.680.820.790.610.080.680.540.550.570.920.920.710.540.150.630.79-0.090.570.680.690.40.33
0.240.190.31-0.150.230.570.290.220.180.35-0.110.080.140.20.590.13-0.170.090.280.130.50.10.35-0.40.050.090.060.04-0.07
0.750.690.660.70.660.550.680.720.820.730.640.680.140.930.440.570.650.760.610.940.330.820.67-0.010.780.740.860.420.39
0.520.450.410.530.410.480.450.510.620.510.360.540.20.930.360.330.450.570.471.00.220.640.540.020.780.570.70.360.12
0.60.610.610.210.580.860.650.420.570.690.270.550.590.440.360.390.450.530.730.330.620.390.76-0.630.240.470.430.2-0.02
0.920.920.940.820.950.550.90.910.870.870.920.570.130.570.330.390.710.830.810.350.620.930.690.10.050.930.870.510.63
0.820.860.760.760.790.620.820.70.850.790.770.92-0.170.650.450.450.710.950.760.480.210.740.770.030.410.790.780.40.44
0.940.950.90.80.910.730.940.860.950.920.830.920.090.760.570.530.830.950.840.590.380.870.840.010.440.890.890.480.5
0.880.890.880.70.870.870.890.770.860.880.730.710.280.610.470.730.810.760.840.460.640.790.91-0.080.120.910.840.410.16
0.530.460.420.560.420.440.460.520.630.520.40.540.130.941.00.330.350.480.590.460.220.670.530.030.80.580.720.370.18
0.570.550.660.210.630.480.580.490.460.620.440.150.50.330.220.620.620.210.380.640.220.560.61-0.49-0.040.550.540.420.24
0.920.890.890.870.90.560.870.910.920.860.890.630.10.820.640.390.930.740.870.790.670.560.720.120.360.950.970.550.6
0.850.840.830.60.820.850.870.70.840.880.630.790.350.670.540.760.690.770.840.910.530.610.72-0.220.350.790.760.440.22
-0.05-0.08-0.120.45-0.09-0.2-0.10.070.03-0.190.15-0.09-0.4-0.010.02-0.630.10.030.01-0.080.03-0.490.12-0.22-0.230.160.07-0.130.0
0.330.280.230.240.220.230.280.310.430.370.210.570.050.780.780.240.050.410.440.120.8-0.040.360.35-0.230.210.410.310.3
0.930.920.90.890.910.680.90.890.930.870.890.680.090.740.570.470.930.790.890.910.580.550.950.790.160.210.960.490.4
0.910.880.870.830.880.60.860.890.920.870.880.690.060.860.70.430.870.780.890.840.720.540.970.760.070.410.960.50.46
0.490.470.470.440.470.220.430.560.50.450.510.40.040.420.360.20.510.40.480.410.370.420.550.44-0.130.310.490.50.35
0.570.560.580.490.60.010.540.590.530.530.660.33-0.070.390.12-0.020.630.440.50.160.180.240.60.220.00.30.40.460.35
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Skechers Total Assets

Total Assets

7.92 Billion

At this time, Skechers USA's Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Skechers USA has a Net Asset of 7.55 B. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all United States stocks is notably lower than that of the firm.

Skechers Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skechers USA's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skechers USA could also be used in its relative valuation, which is a method of valuing Skechers USA by comparing valuation metrics of similar companies.
Skechers USA is currently under evaluation in net asset category among related companies.

Skechers USA Institutional Holders

Institutional Holdings refers to the ownership stake in Skechers USA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Skechers USA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Skechers USA's value.
Shares
Geode Capital Management, Llc2023-12-31
2.1 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2023-12-31
1.9 M
Bank Of New York Mellon Corp2023-12-31
1.8 M
Bank Of America Corp2023-12-31
1.8 M
Goldman Sachs Group Inc2023-12-31
1.6 M
Point72 Asset Management, L.p.2023-09-30
1.5 M
Pacer Advisors, Inc.2023-12-31
1.5 M
Aqr Capital Management Llc2023-12-31
1.3 M
Squarepoint Ops Llc2023-12-31
1.3 M
Fmr Inc2023-12-31
20 M
Blackrock Inc2023-12-31
14.5 M

Skechers Fundamentals

About Skechers USA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skechers USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skechers USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skechers USA 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.
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children and performance footwear for men and women worldwide. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California. Skechers USA operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 6200 people.

Skechers USA Investors Sentiment

The influence of Skechers USA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Skechers. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Skechers USA's public news can be used to forecast risks associated with an investment in Skechers. The trend in average sentiment can be used to explain how an investor holding Skechers can time the market purely based on public headlines and social activities around Skechers USA. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Skechers USA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Skechers USA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Skechers USA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Skechers USA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skechers USA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skechers USA's short interest history, or implied volatility extrapolated from Skechers USA options trading.

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 Skechers USA Piotroski F Score and Skechers USA Altman Z Score analysis.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary 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.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
CEOs Directory
Screen CEOs from public companies around the world
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
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
0.163
Earnings Share
3.49
Revenue Per Share
51.771
Quarterly Revenue Growth
0.044
Return On Assets
0.0681
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.