Deckers Cash vs Property Plant And Equipment Net Analysis

DECK Stock  USD 853.48  8.90  1.03%   
Deckers Outdoor financial indicator trend analysis is much more than just examining Deckers Outdoor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deckers Outdoor is a good investment. Please check the relationship between Deckers Outdoor Cash and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deckers Outdoor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Deckers Stock please use our How to buy in Deckers Stock guide.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deckers Outdoor Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Deckers Outdoor's Cash and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Deckers Outdoor, assuming nothing else is changed. The correlation between historical values of Deckers Outdoor's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Deckers Outdoor are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Deckers Outdoor's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of Deckers Outdoor, which is listed under current asset account on Deckers Outdoor balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Deckers Outdoor customers. The amounts must be unrestricted with restricted cash listed in a different Deckers Outdoor account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Deckers Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deckers Outdoor 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deckers Outdoor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Deckers Stock please use our How to buy in Deckers Stock guide.At this time, Deckers Outdoor's Enterprise Value is quite stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.8B2.1B2.2B
Total Revenue3.2B3.6B4.2B4.4B

Deckers Outdoor fundamental ratios Correlations

0.880.740.970.990.96-0.850.990.960.950.930.930.950.96-0.050.930.940.510.970.980.960.990.71-0.210.070.06
0.880.540.880.840.94-0.720.840.850.880.830.830.880.8-0.290.960.780.350.810.940.940.880.81-0.41-0.17-0.18
0.740.540.790.720.58-0.780.710.750.740.610.60.740.770.20.630.660.610.750.750.590.760.510.050.350.34
0.970.880.790.940.89-0.830.940.990.930.860.910.930.96-0.080.890.910.610.90.980.890.970.77-0.250.020.01
0.990.840.720.940.94-0.831.00.930.930.940.920.930.950.010.890.950.50.980.940.940.980.67-0.150.130.12
0.960.940.580.890.94-0.780.950.880.920.930.910.920.87-0.180.960.880.30.930.941.00.940.69-0.3-0.03-0.04
-0.85-0.72-0.78-0.83-0.83-0.78-0.83-0.82-0.94-0.66-0.77-0.94-0.740.3-0.82-0.68-0.3-0.8-0.85-0.78-0.88-0.450.390.040.05
0.990.840.710.941.00.95-0.830.930.930.940.920.930.95-0.010.890.950.50.980.940.950.980.67-0.170.110.1
0.960.850.750.990.930.88-0.820.930.910.840.940.910.95-0.110.870.920.590.890.970.880.960.72-0.270.0-0.01
0.950.880.740.930.930.92-0.940.930.910.80.871.00.85-0.250.940.820.380.890.960.920.970.62-0.42-0.11-0.12
0.930.830.610.860.940.93-0.660.940.840.80.860.80.890.140.830.90.450.950.870.930.880.730.060.270.26
0.930.830.60.910.920.91-0.770.920.940.870.860.870.9-0.190.850.910.370.880.910.910.920.64-0.29-0.03-0.04
0.950.880.740.930.930.92-0.940.930.911.00.80.870.85-0.250.940.820.380.890.960.920.970.62-0.42-0.11-0.12
0.960.80.770.960.950.87-0.740.950.950.850.890.90.850.090.830.970.660.940.930.870.950.73-0.090.180.17
-0.05-0.290.2-0.080.01-0.180.3-0.01-0.11-0.250.14-0.19-0.250.09-0.250.080.460.09-0.15-0.18-0.10.010.890.80.79
0.930.960.630.890.890.96-0.820.890.870.940.830.850.940.83-0.250.820.320.880.960.960.930.68-0.41-0.12-0.13
0.940.780.660.910.950.88-0.680.950.920.820.90.910.820.970.080.820.570.940.90.880.930.67-0.110.140.12
0.510.350.610.610.50.3-0.30.50.590.380.450.370.380.660.460.320.570.460.510.30.520.590.230.330.32
0.970.810.750.90.980.93-0.80.980.890.890.950.880.890.940.090.880.940.460.920.930.950.64-0.050.240.23
0.980.940.750.980.940.94-0.850.940.970.960.870.910.960.93-0.150.960.90.510.920.940.980.76-0.32-0.04-0.05
0.960.940.590.890.941.0-0.780.950.880.920.930.910.920.87-0.180.960.880.30.930.940.940.69-0.3-0.04-0.05
0.990.880.760.970.980.94-0.880.980.960.970.880.920.970.95-0.10.930.930.520.950.980.940.69-0.280.010.0
0.710.810.510.770.670.69-0.450.670.720.620.730.640.620.730.010.680.670.590.640.760.690.69-0.070.050.05
-0.21-0.410.05-0.25-0.15-0.30.39-0.17-0.27-0.420.06-0.29-0.42-0.090.89-0.41-0.110.23-0.05-0.32-0.3-0.28-0.070.90.9
0.07-0.170.350.020.13-0.030.040.110.0-0.110.27-0.03-0.110.180.8-0.120.140.330.24-0.04-0.040.010.050.91.0
0.06-0.180.340.010.12-0.040.050.1-0.01-0.120.26-0.04-0.120.170.79-0.130.120.320.23-0.05-0.050.00.050.91.0
Click cells to compare fundamentals

Deckers Outdoor Account Relationship Matchups

Deckers Outdoor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.2B2.3B2.6B2.9B3.1B
Short Long Term Debt Total295.7M223.0M222.1M246.5M283.5M297.6M
Other Current Liab76.9M151.3M123.3M109.1M125.5M131.7M
Total Current Liabilities300.9M468.4M541.7M497.4M572.0M600.6M
Total Stockholder Equity1.1B1.4B1.5B1.8B2.0B2.1B
Property Plant And Equipment Net452.6M393.2M404.9M480.0M552.0M579.6M
Net Debt(353.7M)(866.3M)(621.5M)(735.3M)(661.8M)(628.7M)
Retained Earnings973.9M1.3B1.4B1.6B1.8B1.9B
Accounts Payable147.9M231.6M327.5M265.6M305.4M320.7M
Cash649.4M1.1B843.5M981.8M1.1B1.2B
Non Current Assets Total571.0M516.9M580.1M646.0M742.8M780.0M
Non Currrent Assets Other28.2M30.6M57.3M41.9M48.2M50.6M
Cash And Short Term Investments649.4M1.1B843.5M981.8M1.1B1.2B
Net Receivables193.7M222.0M320.9M306.3M352.2M369.9M
Common Stock Shares Outstanding28.7M28.4M27.8M26.7M30.7M35.6M
Liabilities And Stockholders Equity1.8B2.2B2.3B2.6B2.9B3.1B
Non Current Liabilities Total324.1M255.1M251.7M293.1M337.1M353.9M
Inventory311.6M278.2M506.8M532.9M612.8M643.4M
Other Current Assets21.5M44.2M55.3M55.5M63.9M67.0M
Other Stockholder Equity191.5M203.3M210.8M232.9M267.9M281.3M
Total Liab625.0M723.5M793.4M790.5M909.0M954.5M
Property Plant And Equipment Gross452.6M393.2M404.9M480.0M552.0M579.6M
Total Current Assets1.2B1.7B1.8B1.9B2.2B2.3B
Accumulated Other Comprehensive Income(25.6M)(16.7M)(25.0M)(39.0M)(35.1M)(33.4M)
Short Term Debt49.7M46.8M50.1M50.8M58.4M61.3M
Intangible Assets48.0M41.9M39.7M37.5M43.1M48.7M
Common Stock280K279K270K262K301.3K251.6K
Common Stock Total Equity280K279K270K262K301.3K245.7K
Other Assets52.5M56.4M67.8M175.2M201.5M211.6M
Property Plant Equipment209.0M206.2M404.9M266.7M306.7M322.0M
Other Liab100.7M78.1M78.8M79.8M91.7M59.9M
Net Tangible Assets1.1B1.4B1.5B1.7B2.0B1.0B
Retained Earnings Total Equity973.9M1.3B1.4B1.6B1.8B1.0B
Capital Surpluse191.5M203.3M210.8M232.9M267.9M188.8M

Pair Trading with Deckers Outdoor

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 Deckers Outdoor 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 Deckers Outdoor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Deckers Stock

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Moving against Deckers Stock

  0.56DOOO BRP Inc Financial Report 6th of June 2024 PairCorr
The ability to find closely correlated positions to Deckers Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deckers Outdoor 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 Deckers Outdoor - 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 Deckers Outdoor to buy it.
The correlation of Deckers Outdoor 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 Deckers Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deckers Outdoor 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 Deckers Outdoor 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 Deckers Outdoor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Deckers Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Deckers Outdoor Stock. Highlighted below are key reports to facilitate an investment decision about Deckers Outdoor Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deckers Outdoor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Deckers Stock please use our How to buy in Deckers Stock guide.
Note that the Deckers Outdoor information on this page should be used as a complementary analysis to other Deckers Outdoor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Deckers Outdoor's price analysis, check to measure Deckers Outdoor'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 Deckers Outdoor is operating at the current time. Most of Deckers Outdoor's value examination focuses on studying past and present price action to predict the probability of Deckers Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deckers Outdoor's price. Additionally, you may evaluate how the addition of Deckers Outdoor to your portfolios can decrease your overall portfolio volatility.
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Is Deckers Outdoor'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 Deckers Outdoor. If investors know Deckers 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 Deckers Outdoor 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
0.442
Earnings Share
27.65
Revenue Per Share
158.194
Quarterly Revenue Growth
0.16
Return On Assets
0.1808
The market value of Deckers Outdoor is measured differently than its book value, which is the value of Deckers that is recorded on the company's balance sheet. Investors also form their own opinion of Deckers Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Deckers Outdoor'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 Deckers Outdoor's market value can be influenced by many factors that don't directly affect Deckers Outdoor'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 Deckers Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deckers Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deckers Outdoor'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.