Dicks Enterprise Value vs Weighted Average Shares Analysis
DKS Stock | USD 195.08 0.14 0.07% |
Trend analysis of Dicks Sporting Goods balance sheet accounts such as Non Current Assets Total of 5.5 B or Non Currrent Assets Other of 111.4 M provides information on Dicks Sporting's total assets, liabilities, and equity, which is the actual value of Dicks Sporting Goods to its prevalent stockholders. By breaking down trends over time using Dicks Sporting 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.
Dicks |
About Dicks Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Dicks Sporting Goods at a specified time, usually calculated after every quarter, six months, or one year. Dicks Sporting Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dicks Sporting 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 Dicks currently owns. An asset can also be divided into two categories, current and non-current.
Dicks Sporting Balance Sheet Chart
Dicks Sporting 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 Dicks Sporting Goods uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Dicks Sporting's Total Current Assets are comparatively stable compared to the past year. Other Current Liabilities is likely to gain to about 758.7 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 111.4 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Dicks Sporting 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 Dicks Sporting Goods 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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Dicks Sporting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dicks Sporting Goods 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 Dicks Sporting Goods. 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. At this time, Dicks Sporting's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.22 in 2024, whereas Tax Provision is likely to drop slightly above 249.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.7B | 4.3B | 4.5B | 4.8B | Total Revenue | 12.3B | 12.4B | 13.0B | 13.6B |
Dicks Sporting fundamental ratios Correlations
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Dicks Sporting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dicks Sporting fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 7.8B | 9.0B | 9.0B | 10.2B | 10.7B | |
Total Stockholder Equity | 1.7B | 2.3B | 2.1B | 2.5B | 2.6B | 1.3B | |
Non Current Assets Total | 4.2B | 4.0B | 3.9B | 4.0B | 5.3B | 5.5B | |
Non Currrent Assets Other | 133.9M | 155.6M | 202.9M | 230.2M | 129.0M | 111.4M | |
Other Assets | 148.3M | 207.1M | 237.9M | 271.4M | 312.2M | 327.8M | |
Common Stock Shares Outstanding | 89.1M | 92.6M | 109.6M | 99.3M | 85.9M | 107.2M | |
Liabilities And Stockholders Equity | 6.6B | 7.8B | 9.0B | 9.0B | 10.2B | 10.7B | |
Non Current Liabilities Total | 2.8B | 2.9B | 4.2B | 3.8B | 4.8B | 5.0B | |
Inventory | 2.2B | 2.0B | 2.3B | 2.8B | 2.8B | 3.0B | |
Other Stockholder Equity | (914.4M) | (726.0M) | (1.9B) | (2.4B) | (3.0B) | (2.8B) | |
Total Liab | 4.9B | 5.4B | 6.9B | 6.5B | 7.5B | 7.9B | |
Total Current Assets | 2.4B | 3.8B | 5.1B | 5.0B | 4.9B | 5.1B | |
Other Current Liab | 426.0M | 559.1M | 633.6M | 658.0M | 722.6M | 758.7M | |
Total Current Liabilities | 2.1B | 2.6B | 2.7B | 2.6B | 2.8B | 2.9B | |
Other Liab | 140.4M | 183.6M | 197.5M | 167.7M | 192.9M | 293.4M | |
Accounts Payable | 1.0B | 1.3B | 1.3B | 1.2B | 1.3B | 644.5M | |
Cash | 69.3M | 1.7B | 2.6B | 1.9B | 1.8B | 1.9B | |
Long Term Debt | 224.1M | 418.5M | 1.9B | 1.5B | 1.5B | 1.6B | |
Other Current Assets | 79.5M | 88.5M | 95.6M | 128.4M | 121.0M | 84.1M | |
Common Stock | 836K | 849K | 756K | 821K | 804K | 924.3K | |
Property Plant Equipment | 1.4B | 3.5B | 3.4B | 3.5B | 4.0B | 4.2B | |
Short Long Term Debt Total | 3.1B | 3.2B | 4.5B | 4.2B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.4B | 3.5B | 3.9B | 4.1B | |
Current Deferred Revenue | 226.0M | 260.3M | 317.4M | 230.6M | 248.2M | 162.7M | |
Net Debt | 3.0B | 1.5B | 1.9B | 2.3B | 2.5B | 2.6B | |
Retained Earnings | 2.6B | 3.1B | 4.0B | 4.9B | 5.6B | 5.9B | |
Cash And Short Term Investments | 69.3M | 1.7B | 2.6B | 1.9B | 1.8B | 1.9B | |
Net Receivables | 58.9M | 59.5M | 70.2M | 79.5M | 119.0M | 60.9M | |
Short Term Debt | 423.0M | 472.7M | 480.3M | 546.8M | 492.9M | 517.5M | |
Common Stock Total Equity | 1.0M | 938K | 836K | 849K | 976.4K | 1.0M | |
Property Plant And Equipment Gross | 3.7B | 3.5B | 3.4B | 3.5B | 7.0B | 7.3B | |
Intangible Assets | 94.8M | 90.1M | 86.8M | 60.4M | 56.7M | 78.6M | |
Net Tangible Assets | 1.4B | 2.0B | 1.8B | 2.2B | 2.6B | 1.7B | |
Long Term Debt Total | 224.1M | 418.5M | 1.9B | 1.5B | 1.8B | 1.9B | |
Capital Surpluse | 1.3B | 1.4B | 1.5B | 1.4B | 1.6B | 1.2B |
Pair Trading with Dicks Sporting
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 Dicks Sporting 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 Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.Moving together with Dicks Stock
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Moving against Dicks Stock
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0.7 | DIT | AMCON Distributing | PairCorr |
0.66 | PDD | Pinduoduo Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting 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 Dicks Sporting - 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 Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting 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 Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods 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 Dicks Sporting 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Dicks Stock analysis
When running Dicks Sporting's price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.
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Is Dicks Sporting'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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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 0.37 | Dividend Share 4 | Earnings Share 12.18 | Revenue Per Share 157.765 | Quarterly Revenue Growth 0.078 |
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting'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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting'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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dicks Sporting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.