Academy Net Debt vs Cash And Short Term Investments Analysis
ASO Stock | USD 53.46 0.35 0.65% |
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 Net Debt and its Cash And Short Term Investments 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.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Academy Sports Outdo Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Academy Sports' Net Debt and Cash And Short Term Investments is -0.27. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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' Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Academy Sports OutdoorsInc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Academy Sports' Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Academy Sports Outdo balance sheet. This account contains Academy Sports investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Academy Sports OutdoorsInc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 22nd 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 |
Academy Sports fundamental ratios Correlations
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Academy Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.