Academy Cost Of Revenue vs Ebit Per Revenue Analysis

ASO Stock

USD 58.30 2.46 4.05%

Academy Sports financial indicator trend analysis is way more than just evaluating Academy Sports Outdo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Academy Sports Outdo is a good investment. Please check the relationship between Academy Sports Cost Of Revenue and its Ebit Per Revenue accounts. 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.

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Academy Sports Outdo Cost Of Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Academy Sports' Cost Of Revenue and Ebit Per Revenue is -0.4. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Academy Sports OutdoorsInc, assuming nothing else is changed. The correlation between historical values of Academy Sports' Cost Of Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Academy Sports OutdoorsInc are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Academy Sports' Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Academy Sports Outdo income statement and represents the costs associated with goods and services Academy Sports provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit Per Revenue

Most indicators from Academy Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Academy Sports Outdo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At this time, Academy Sports' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 1st of May 2024, Enterprise Value Over EBITDA is likely to grow to 12.39, while Tax Provision is likely to drop about 88.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	49.0M	46.4M	48.2M	62.3M
Depreciation And Amortization	108.1M	126.9M	110.9M	96.2M

Interest Expense Depreciation And Amortization

Academy Sports fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Common Stock Shares Outstanding		-0.13	0.48	0.26	0.05	-0.17	-0.28	-0.36	-0.02	-0.31	0.41	0.07	0.04	-0.09	-0.59	0.38	0.18	0.04	-0.26	0.81	0.5	-0.58	-0.58	-0.15	0.06	-0.39
Total Assets	-0.13		0.42	0.72	0.87	0.88	0.53	0.92	0.98	0.9	-0.02	0.8	0.92	0.99	-0.28	-0.75	-0.93	0.92	0.68	-0.54	0.54	0.36	0.3	0.9	0.9	0.89
Short Long Term Debt Total	0.48	0.42		0.34	0.23	0.05	-0.4	0.07	0.58	0.04	0.87	0.15	0.23	0.54	-0.4	0.02	-0.13	0.23	-0.24	0.2	0.98	-0.34	-0.42	0.09	0.66	-0.02
Other Current Liab	0.26	0.72	0.34		0.92	0.61	0.27	0.56	0.72	0.54	-0.08	0.92	0.85	0.71	-0.8	-0.58	-0.69	0.85	0.61	-0.21	0.43	-0.09	-0.24	0.63	0.82	0.59
Total Current Liabilities	0.05	0.87	0.23	0.92		0.85	0.56	0.79	0.83	0.79	-0.25	0.99	0.96	0.83	-0.58	-0.66	-0.9	0.96	0.73	-0.36	0.35	0.17	0.07	0.85	0.82	0.82
Total Stockholder Equity	-0.17	0.88	0.05	0.61	0.85		0.86	0.94	0.81	0.97	-0.41	0.82	0.93	0.81	-0.11	-0.75	-0.99	0.93	0.84	-0.48	0.22	0.44	0.56	1.0	0.63	0.95
Other Liab	-0.28	0.53	-0.4	0.27	0.56	0.86		0.76	0.4	0.82	-0.75	0.58	0.67	0.41	0.18	-0.57	-0.79	0.67	0.8	-0.36	-0.23	0.53	0.76	0.84	0.15	0.79
Net Tangible Assets	-0.36	0.92	0.07	0.56	0.79	0.94	0.76		0.83	0.99	-0.35	0.75	0.87	0.85	-0.07	-0.77	-0.95	0.87	0.8	-0.66	0.2	0.64	0.54	0.95	0.69	0.99
Property Plant And Equipment Net	-0.02	0.98	0.58	0.72	0.83	0.81	0.4	0.83		0.81	0.15	0.76	0.87	1.0	-0.32	-0.67	-0.87	0.87	0.56	-0.45	0.68	0.21	0.19	0.83	0.94	0.8
Current Deferred Revenue	-0.31	0.9	0.04	0.54	0.79	0.97	0.82	0.99	0.81		-0.39	0.74	0.88	0.83	-0.04	-0.77	-0.97	0.88	0.83	-0.6	0.19	0.61	0.6	0.98	0.64	0.98
Net Debt	0.41	-0.02	0.87	-0.08	-0.25	-0.41	-0.75	-0.35	0.15	-0.39		-0.31	-0.27	0.12	-0.17	0.37	0.34	-0.27	-0.65	0.33	0.78	-0.44	-0.54	-0.38	0.28	-0.45
Accounts Payable	0.07	0.8	0.15	0.92	0.99	0.82	0.58	0.75	0.76	0.74	-0.31		0.93	0.76	-0.6	-0.62	-0.87	0.93	0.72	-0.31	0.28	0.14	0.04	0.82	0.76	0.79
Cash	0.04	0.92	0.23	0.85	0.96	0.93	0.67	0.87	0.87	0.88	-0.27	0.93		0.87	-0.45	-0.76	-0.95	1.0	0.83	-0.39	0.38	0.26	0.25	0.94	0.79	0.88
Non Current Assets Total	-0.09	0.99	0.54	0.71	0.83	0.81	0.41	0.85	1.0	0.83	0.12	0.76	0.87		-0.29	-0.71	-0.88	0.87	0.58	-0.51	0.64	0.25	0.22	0.83	0.94	0.82
Non Currrent Assets Other	-0.59	-0.28	-0.4	-0.8	-0.58	-0.11	0.18	-0.07	-0.32	-0.04	-0.17	-0.6	-0.45	-0.29		0.02	0.19	-0.45	-0.12	-0.27	-0.42	0.27	0.73	-0.14	-0.55	-0.07
Other Assets	0.38	-0.75	0.02	-0.58	-0.66	-0.75	-0.57	-0.77	-0.67	-0.77	0.37	-0.62	-0.76	-0.71	0.02		0.77	-0.76	-0.9	0.78	-0.07	-0.25	-0.52	-0.74	-0.58	-0.82
Long Term Debt	0.18	-0.93	-0.13	-0.69	-0.9	-0.99	-0.79	-0.95	-0.87	-0.97	0.34	-0.87	-0.95	-0.88	0.19	0.77		-0.95	-0.82	0.52	-0.28	-0.41	-0.47	-0.99	-0.72	-0.96
Cash And Short Term Investments	0.04	0.92	0.23	0.85	0.96	0.93	0.67	0.87	0.87	0.88	-0.27	0.93	1.0	0.87	-0.45	-0.76	-0.95		0.83	-0.39	0.38	0.26	0.25	0.94	0.79	0.88
Net Receivables	-0.26	0.68	-0.24	0.61	0.73	0.84	0.8	0.8	0.56	0.83	-0.65	0.72	0.83	0.58	-0.12	-0.9	-0.82	0.83		-0.6	-0.11	0.37	0.55	0.83	0.43	0.85
Good Will	0.81	-0.54	0.2	-0.21	-0.36	-0.48	-0.36	-0.66	-0.45	-0.6	0.33	-0.31	-0.39	-0.51	-0.27	0.78	0.52	-0.39	-0.6		0.18	-0.52	-0.53	-0.47	-0.4	-0.69
Non Current Liabilities Total	0.5	0.54	0.98	0.43	0.35	0.22	-0.23	0.2	0.68	0.19	0.78	0.28	0.38	0.64	-0.42	-0.07	-0.28	0.38	-0.11	0.18		-0.29	-0.32	0.26	0.71	0.11
Inventory	-0.58	0.36	-0.34	-0.09	0.17	0.44	0.53	0.64	0.21	0.61	-0.44	0.14	0.26	0.25	0.27	-0.25	-0.41	0.26	0.37	-0.52	-0.29		0.53	0.47	0.08	0.59
Other Current Assets	-0.58	0.3	-0.42	-0.24	0.07	0.56	0.76	0.54	0.19	0.6	-0.54	0.04	0.25	0.22	0.73	-0.52	-0.47	0.25	0.55	-0.53	-0.32	0.53		0.53	-0.12	0.56
Other Stockholder Equity	-0.15	0.9	0.09	0.63	0.85	1.0	0.84	0.95	0.83	0.98	-0.38	0.82	0.94	0.83	-0.14	-0.74	-0.99	0.94	0.83	-0.47	0.26	0.47	0.53		0.66	0.96
Total Liab	0.06	0.9	0.66	0.82	0.82	0.63	0.15	0.69	0.94	0.64	0.28	0.76	0.79	0.94	-0.55	-0.58	-0.72	0.79	0.43	-0.4	0.71	0.08	-0.12	0.66		0.66
Deferred Long Term Liab	-0.39	0.89	-0.02	0.59	0.82	0.95	0.79	0.99	0.8	0.98	-0.45	0.79	0.88	0.82	-0.07	-0.82	-0.96	0.88	0.85	-0.69	0.11	0.59	0.56	0.96	0.66

Click cells to compare fundamentals

Academy Sports Account Relationship Matchups

Academy Sports fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	90.4M	91.1M	94.3M	83.9M	77.5M	68.7M
Total Assets	4.3B	4.4B	4.6B	4.6B	4.7B	4.7B
Short Long Term Debt Total	2.7B	2.0B	1.8B	1.8B	1.7B	1.6B
Other Current Liab	141.2M	214.6M	214.5M	147.6M	121.2M	175.2M
Total Current Liabilities	750.6M	1.2B	1.1B	1.0B	879.9M	1.0B
Total Stockholder Equity	(8.1M)	1.1B	1.5B	1.6B	2.0B	1.1B
Other Liab	20.0M	173.8M	229.6M	271.8M	312.5M	183.9M
Net Tangible Assets	(450.7M)	(326.9M)	27.8M	188.7M	217.0M	227.8M
Property Plant And Equipment Net	1.6B	1.5B	1.4B	1.5B	1.6B	1.5B
Current Deferred Revenue	70.2M	76.8M	88.7M	92.6M	96.7M	90.3M
Net Debt	2.5B	1.6B	1.4B	1.4B	1.3B	1.3B
Accounts Payable	428.8M	791.4M	737.8M	686.5M	541.1M	663.2M
Cash	149.4M	377.6M	486.0M	337.1M	347.9M	325.2M
Non Current Assets Total	3.0B	3.0B	2.9B	2.9B	3.1B	3.1B
Non Currrent Assets Other	15.8M	8.6M	4.7M	17.6M	35.2M	19.0M
Other Assets	15.8M	8.6M	4.7M	17.6M	1.0	0.95
Long Term Debt	1.4B	781.5M	683.6M	584.5M	484.6M	735.9M
Cash And Short Term Investments	149.4M	377.6M	486.0M	337.1M	347.9M	325.2M
Net Receivables	14.0M	17.3M	19.7M	16.5M	19.4M	18.8M
Liabilities And Stockholders Equity	3.3B	4.4B	4.6B	4.6B	4.7B	4.4B
Non Current Liabilities Total	2.6B	2.1B	2.0B	1.9B	1.9B	1.6B
Capital Lease Obligations	1.2B	1.2B	1.2B	1.2B	1.2B	1.1B
Inventory	1.1B	990.0M	1.2B	1.3B	1.2B	1.3B
Other Current Assets	24.5M	28.3M	36.5M	47.7M	83.5M	47.8M
Other Stockholder Equity	8.1M	127.2M	198.0M	216.2M	242.1M	143.6M
Total Liab	3.3B	3.3B	3.1B	3.0B	2.7B	3.3B
Deferred Long Term Liab	3.4M	138.7M	217.2M	259.0M	297.9M	312.8M
Net Invested Capital	2.5B	1.9B	2.2B	2.2B	2.4B	1.8B
Property Plant And Equipment Gross	1.6B	1.5B	1.4B	1.5B	2.8B	1.7B
Total Current Assets	1.3B	1.4B	1.7B	1.7B	1.6B	1.7B
Non Current Liabilities Other	19.2M	1.2B	1.1B	1.1B	11.6M	11.0M
Net Working Capital	538.8M	247.9M	588.6M	648.0M	765.0M	618.0M
Short Term Debt	110.4M	84.3M	86.1M	112.1M	120.8M	106.7M
Common Stock	996.3M	911K	870K	767K	743K	705.9K
Property Plant Equipment	1.6B	378.3M	345.8M	351.4M	316.3M	505.4M

Pair Trading with Academy Sports

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 Academy Sports 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 Academy Sports will appreciate offsetting losses from the drop in the long position's value.

Moving together with Academy Stock

0.8

Home Depot Financial Report 21st of May 2024

Pair Corr

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports 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 Academy Sports - 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 Academy Sports OutdoorsInc to buy it.

The correlation of Academy Sports 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 Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports Outdo 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 Academy Sports 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.

Pair Correlation Correlation Matching

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:

How To Invest In Academy

Details

Is Academy Stock a good investment?

Details

What is Academy Sports' Net Worth?

Details

Largest Other Specialty Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Academy Stock analysis

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.

	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Transaction History View history of all your transactions and understand their impact on performance
	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
	Money Managers Screen money managers from public funds and ETFs managed around the world

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Academy Cost Of Revenue vs Ebit Per Revenue Analysis

Cost Of Revenue vs Ebit Per Revenue

Cost Of Revenue vs Ebit Per Revenue Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Ebit Per Revenue

Academy Sports fundamental ratios Correlations

Academy Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Academy Sports fundamental ratios Accounts

Pair Trading with Academy Sports

Moving together with Academy Stock

Complementary Tools for Academy Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Current Deferred Revenue	+ 0.99	Net Tangible Assets

Other Stockholder Equity	- 0.99	Long Term Debt
Long Term Debt	- 0.99	Total Stockholder Equity
Long Term Debt	- 0.97	Current Deferred Revenue
Deferred Long Term Liab	- 0.96	Long Term Debt
Cash And Short Term Investments	- 0.95	Long Term Debt
Long Term Debt	- 0.95	Cash