Academy Short Long Term Debt Total vs Accounts Payable 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 Short Long Term Debt Total and its Accounts Payable 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.

Short Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Academy Sports Outdo Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Academy Sports' Short Long Term Debt Total and Accounts Payable is 0.15. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable 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' Short Long Term Debt Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Academy Sports OutdoorsInc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt Total i.e., Academy Sports' Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents Academy Sports obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Academy Sports Outdo are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Expense49.0M46.4M48.2M62.3M
Depreciation And Amortization108.1M126.9M110.9M96.2M

Academy Sports fundamental ratios Correlations

-0.130.480.260.05-0.17-0.28-0.36-0.02-0.310.410.070.04-0.09-0.590.380.180.04-0.260.810.5-0.58-0.58-0.150.06-0.39
-0.130.420.720.870.880.530.920.980.9-0.020.80.920.99-0.28-0.75-0.930.920.68-0.540.540.360.30.90.90.89
0.480.420.340.230.05-0.40.070.580.040.870.150.230.54-0.40.02-0.130.23-0.240.20.98-0.34-0.420.090.66-0.02
0.260.720.340.920.610.270.560.720.54-0.080.920.850.71-0.8-0.58-0.690.850.61-0.210.43-0.09-0.240.630.820.59
0.050.870.230.920.850.560.790.830.79-0.250.990.960.83-0.58-0.66-0.90.960.73-0.360.350.170.070.850.820.82
-0.170.880.050.610.850.860.940.810.97-0.410.820.930.81-0.11-0.75-0.990.930.84-0.480.220.440.561.00.630.95
-0.280.53-0.40.270.560.860.760.40.82-0.750.580.670.410.18-0.57-0.790.670.8-0.36-0.230.530.760.840.150.79
-0.360.920.070.560.790.940.760.830.99-0.350.750.870.85-0.07-0.77-0.950.870.8-0.660.20.640.540.950.690.99
-0.020.980.580.720.830.810.40.830.810.150.760.871.0-0.32-0.67-0.870.870.56-0.450.680.210.190.830.940.8
-0.310.90.040.540.790.970.820.990.81-0.390.740.880.83-0.04-0.77-0.970.880.83-0.60.190.610.60.980.640.98
0.41-0.020.87-0.08-0.25-0.41-0.75-0.350.15-0.39-0.31-0.270.12-0.170.370.34-0.27-0.650.330.78-0.44-0.54-0.380.28-0.45
0.070.80.150.920.990.820.580.750.760.74-0.310.930.76-0.6-0.62-0.870.930.72-0.310.280.140.040.820.760.79
0.040.920.230.850.960.930.670.870.870.88-0.270.930.87-0.45-0.76-0.951.00.83-0.390.380.260.250.940.790.88
-0.090.990.540.710.830.810.410.851.00.830.120.760.87-0.29-0.71-0.880.870.58-0.510.640.250.220.830.940.82
-0.59-0.28-0.4-0.8-0.58-0.110.18-0.07-0.32-0.04-0.17-0.6-0.45-0.290.020.19-0.45-0.12-0.27-0.420.270.73-0.14-0.55-0.07
0.38-0.750.02-0.58-0.66-0.75-0.57-0.77-0.67-0.770.37-0.62-0.76-0.710.020.77-0.76-0.90.78-0.07-0.25-0.52-0.74-0.58-0.82
0.18-0.93-0.13-0.69-0.9-0.99-0.79-0.95-0.87-0.970.34-0.87-0.95-0.880.190.77-0.95-0.820.52-0.28-0.41-0.47-0.99-0.72-0.96
0.040.920.230.850.960.930.670.870.870.88-0.270.931.00.87-0.45-0.76-0.950.83-0.390.380.260.250.940.790.88
-0.260.68-0.240.610.730.840.80.80.560.83-0.650.720.830.58-0.12-0.9-0.820.83-0.6-0.110.370.550.830.430.85
0.81-0.540.2-0.21-0.36-0.48-0.36-0.66-0.45-0.60.33-0.31-0.39-0.51-0.270.780.52-0.39-0.60.18-0.52-0.53-0.47-0.4-0.69
0.50.540.980.430.350.22-0.230.20.680.190.780.280.380.64-0.42-0.07-0.280.38-0.110.18-0.29-0.320.260.710.11
-0.580.36-0.34-0.090.170.440.530.640.210.61-0.440.140.260.250.27-0.25-0.410.260.37-0.52-0.290.530.470.080.59
-0.580.3-0.42-0.240.070.560.760.540.190.6-0.540.040.250.220.73-0.52-0.470.250.55-0.53-0.320.530.53-0.120.56
-0.150.90.090.630.851.00.840.950.830.98-0.380.820.940.83-0.14-0.74-0.990.940.83-0.470.260.470.530.660.96
0.060.90.660.820.820.630.150.690.940.640.280.760.790.94-0.55-0.58-0.720.790.43-0.40.710.08-0.120.660.66
-0.390.89-0.020.590.820.950.790.990.80.98-0.450.790.880.82-0.07-0.82-0.960.880.85-0.690.110.590.560.960.66
Click cells to compare fundamentals

Academy Sports Account Relationship Matchups

Academy Sports fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding90.4M91.1M94.3M83.9M77.5M68.7M
Total Assets4.3B4.4B4.6B4.6B4.7B4.7B
Short Long Term Debt Total2.7B2.0B1.8B1.8B1.7B1.6B
Other Current Liab141.2M214.6M214.5M147.6M121.2M175.2M
Total Current Liabilities750.6M1.2B1.1B1.0B879.9M1.0B
Total Stockholder Equity(8.1M)1.1B1.5B1.6B2.0B1.1B
Other Liab20.0M173.8M229.6M271.8M312.5M183.9M
Net Tangible Assets(450.7M)(326.9M)27.8M188.7M217.0M227.8M
Property Plant And Equipment Net1.6B1.5B1.4B1.5B1.6B1.5B
Current Deferred Revenue70.2M76.8M88.7M92.6M96.7M90.3M
Net Debt2.5B1.6B1.4B1.4B1.3B1.3B
Accounts Payable428.8M791.4M737.8M686.5M541.1M663.2M
Cash149.4M377.6M486.0M337.1M347.9M325.2M
Non Current Assets Total3.0B3.0B2.9B2.9B3.1B3.1B
Non Currrent Assets Other15.8M8.6M4.7M17.6M35.2M19.0M
Other Assets15.8M8.6M4.7M17.6M1.00.95
Long Term Debt1.4B781.5M683.6M584.5M484.6M735.9M
Cash And Short Term Investments149.4M377.6M486.0M337.1M347.9M325.2M
Net Receivables14.0M17.3M19.7M16.5M19.4M18.8M
Liabilities And Stockholders Equity3.3B4.4B4.6B4.6B4.7B4.4B
Non Current Liabilities Total2.6B2.1B2.0B1.9B1.9B1.6B
Capital Lease Obligations1.2B1.2B1.2B1.2B1.2B1.1B
Inventory1.1B990.0M1.2B1.3B1.2B1.3B
Other Current Assets24.5M28.3M36.5M47.7M83.5M47.8M
Other Stockholder Equity8.1M127.2M198.0M216.2M242.1M143.6M
Total Liab3.3B3.3B3.1B3.0B2.7B3.3B
Deferred Long Term Liab3.4M138.7M217.2M259.0M297.9M312.8M
Net Invested Capital2.5B1.9B2.2B2.2B2.4B1.8B
Property Plant And Equipment Gross1.6B1.5B1.4B1.5B2.8B1.7B
Total Current Assets1.3B1.4B1.7B1.7B1.6B1.7B
Non Current Liabilities Other19.2M1.2B1.1B1.1B11.6M11.0M
Net Working Capital538.8M247.9M588.6M648.0M765.0M618.0M
Short Term Debt110.4M84.3M86.1M112.1M120.8M106.7M
Common Stock996.3M911K870K767K743K705.9K
Property Plant Equipment1.6B378.3M345.8M351.4M316.3M505.4M

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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:
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.