Buckle Current Liabilities vs Operating Expenses Analysis

BKE Stock  USD 39.48  0.99  2.57%   
Trend analysis of Buckle Inc balance sheet accounts such as Other Current Liab of 89.8 M, Total Current Liabilities of 232.5 M or Total Stockholder Equity of 296.1 M provides information on Buckle's total assets, liabilities, and equity, which is the actual value of Buckle Inc to its prevalent stockholders. By breaking down trends over time using Buckle balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

About Buckle Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Buckle Inc at a specified time, usually calculated after every quarter, six months, or one year. Buckle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Buckle and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Buckle currently owns. An asset can also be divided into two categories, current and non-current.

Buckle Balance Sheet Chart

Buckle Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Buckle Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Buckle's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 430.1 M, whereas Total Stockholder Equity is forecasted to decline to about 296.1 M.

Total Assets

Total assets refers to the total amount of Buckle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Buckle Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Buckle balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Buckle Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Buckle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buckle Inc 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 Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
As of March 28, 2024, Selling General Administrative is expected to decline to about 40.5 M. In addition to that, Tax Provision is expected to decline to about 63.8 M
 2021 2022 2023 2024 (projected)
Gross Profit653.0M676.0M619.1M317.5M
Total Revenue1.3B1.3B1.3B742.2M

Buckle fundamental ratios Correlations

0.420.770.750.790.410.490.770.820.80.620.930.440.640.730.650.240.920.770.590.910.84-0.18-0.10.510.8
0.420.70.190.630.460.060.430.560.640.590.360.410.610.60.120.020.390.660.810.320.28-0.08-0.2-0.040.3
0.770.70.390.920.630.140.760.890.930.810.690.40.810.890.30.140.70.960.910.620.49-0.36-0.270.360.54
0.750.190.390.39-0.20.930.520.610.430.310.820.460.650.260.930.340.840.320.190.930.880.420.520.370.93
0.790.630.920.390.780.190.540.881.00.850.660.220.760.990.260.090.640.990.890.580.43-0.39-0.40.390.46
0.410.460.63-0.20.78-0.40.190.450.750.660.19-0.040.270.86-0.27-0.110.180.790.740.04-0.06-0.67-0.820.21-0.12
0.490.060.140.930.19-0.40.220.440.230.110.60.260.540.050.850.290.580.09-0.020.730.680.550.680.210.79
0.770.430.760.520.540.190.220.650.560.440.740.620.550.480.530.250.80.60.540.750.73-0.220.020.40.71
0.820.560.890.610.880.450.440.650.880.860.860.330.850.830.420.040.760.870.780.770.57-0.16-0.150.520.64
0.80.640.930.431.00.750.230.560.880.830.670.230.790.980.310.140.660.980.880.60.47-0.38-0.340.380.51
0.620.590.810.310.850.660.110.440.860.830.650.310.750.860.12-0.150.590.860.860.510.3-0.13-0.430.530.33
0.930.360.690.820.660.190.60.740.860.670.650.480.660.590.650.090.920.640.50.960.830.020.010.580.81
0.440.410.40.460.22-0.040.260.620.330.230.310.480.430.140.56-0.090.640.250.40.550.50.340.210.170.51
0.640.610.810.650.760.270.540.550.850.790.750.660.430.670.570.280.720.750.740.690.560.170.20.330.71
0.730.60.890.260.990.860.050.480.830.980.860.590.140.670.130.050.560.980.880.480.32-0.49-0.530.40.34
0.650.120.30.930.26-0.270.850.530.420.310.120.650.560.570.130.440.790.20.110.840.860.440.630.220.91
0.240.020.140.340.09-0.110.290.250.040.14-0.150.09-0.090.280.050.440.310.08-0.020.280.460.050.440.080.49
0.920.390.70.840.640.180.580.80.760.660.590.920.640.720.560.790.310.630.540.960.920.130.140.50.89
0.770.660.960.320.990.790.090.60.870.980.860.640.250.750.980.20.080.630.920.550.4-0.45-0.440.390.43
0.590.810.910.190.890.74-0.020.540.780.880.860.50.40.740.880.11-0.020.540.920.410.29-0.31-0.410.190.29
0.910.320.620.930.580.040.730.750.770.60.510.960.550.690.480.840.280.960.550.410.930.170.240.510.93
0.840.280.490.880.43-0.060.680.730.570.470.30.830.50.560.320.860.460.920.40.290.930.20.350.340.92
-0.18-0.08-0.360.42-0.39-0.670.55-0.22-0.16-0.38-0.130.020.340.17-0.490.440.050.13-0.45-0.310.170.20.72-0.060.28
-0.1-0.2-0.270.52-0.4-0.820.680.02-0.15-0.34-0.430.010.210.2-0.530.630.440.14-0.44-0.410.240.350.72-0.160.49
0.51-0.040.360.370.390.210.210.40.520.380.530.580.170.330.40.220.080.50.390.190.510.34-0.06-0.160.39
0.80.30.540.930.46-0.120.790.710.640.510.330.810.510.710.340.910.490.890.430.290.930.920.280.490.39
Click cells to compare fundamentals

Buckle Account Relationship Matchups

Buckle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets867.9M845.8M780.9M837.6M889.8M454.3M
Other Current Liab43.5M14.3M83.8M75.2M85.6M89.8M
Total Current Liabilities172.6M206.4M248.5M226.0M221.5M232.5M
Total Stockholder Equity389.1M396.6M312.9M376.3M413.2M296.1M
Property Plant And Equipment Net463.9M379.8M359.4M383.8M409.7M430.1M
Net Debt156.6M(12.5M)34.4M51.7M47.2M49.6M
Retained Earnings236.4M238.1M145.1M196.8M220.0M210.7M
Accounts Payable26.5M43.4M60.0M44.8M46.0M25.2M
Cash221.0M318.8M254.0M252.1M268.2M281.6M
Non Current Assets Total489.1M408.6M389.7M414.2M445.6M467.8M
Non Currrent Assets Other9.3M10.5M10.9M9.8M10.9M13.3M
Cash And Short Term Investments233.5M322.1M266.9M273.1M290.4M164.3M
Net Receivables3.1M2.8M12.1M12.6M8.7M5.2M
Common Stock Shares Outstanding48.8M49.0M49.4M49.6M50.0M52.6M
Liabilities And Stockholders Equity867.9M845.8M780.9M837.6M889.8M454.3M
Non Current Liabilities Total306.1M242.8M219.4M235.2M255.1M267.9M
Inventory121.3M101.1M102.1M125.1M126.3M86.3M
Other Current Assets20.9M11.2M10.1M12.5M18.8M13.9M
Other Stockholder Equity152.3M158.1M167.3M179.0M192.7M109.4M
Total Liab478.7M449.2M468.0M461.3M476.6M500.4M
Property Plant And Equipment Gross463.9M379.8M712.1M737.7M848.4M890.8M
Total Current Assets378.8M437.2M391.2M423.3M444.3M269.6M
Accumulated Other Comprehensive Income(89K)(321.5M)(338.4M)(350.9M)(315.8M)(300.1M)
Common Stock Total Equity488K490K492K494K568.1K403.3K
Short Term Investments12.5M3.4M12.9M21.0M22.2M29.6M
Other Liab15.9M18.3M19.4M20.6M23.7M34.2M
Other Assets25.1M28.8M30.3M8.4M9.6M10.3M
Common Stock492K494K497K501K504K431.2K
Property Plant Equipment113.8M379.8M359.4M383.8M441.4M463.5M
Net Tangible Assets389.1M396.6M312.9M376.3M432.8M415.2M
Capital Surpluse152.3M158.1M167.3M179.0M205.8M153.0M
Long Term Investments15.9M18.3M19.4M20.6M18.6M23.0M
Current Deferred Revenue15.3M66.9M16.5M16.8M4.7M4.4M
Short Term Debt87.3M81.8M88.3M89.2M85.3M60.2M
Cash And Equivalents221.0M318.8M254.0M252.1M289.9M247.6M
Net Invested Capital389.1M396.6M312.9M376.3M338.7M301.4M
Net Working Capital206.2M230.9M142.7M197.3M177.6M176.0M

Buckle Investors Sentiment

The influence of Buckle'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 Buckle. 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 Buckle's public news can be used to forecast risks associated with an investment in Buckle. The trend in average sentiment can be used to explain how an investor holding Buckle can time the market purely based on public headlines and social activities around Buckle Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Buckle'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 Buckle'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 Buckle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Buckle.
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 Buckle 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, Buckle's short interest history, or implied volatility extrapolated from Buckle options trading.

Pair Trading with Buckle

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 Buckle 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 Buckle will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Buckle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Buckle 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 Buckle - 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 Buckle Inc to buy it.
The correlation of Buckle 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 Buckle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Buckle Inc 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 Buckle 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 CorrelationCorrelation Matching
When determining whether Buckle Inc is a strong investment it is important to analyze Buckle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Buckle's future performance. For an informed investment choice regarding Buckle Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Buckle'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 Buckle. If investors know Buckle 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 Buckle 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
(0.1)
Dividend Share
1.4
Earnings Share
4.4
Revenue Per Share
25.435
Quarterly Revenue Growth
(0.05)
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle'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 Buckle's market value can be influenced by many factors that don't directly affect Buckle'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 Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle'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.