Callaway Long Term Debt vs Total Assets Analysis

MODG Stock

USD 16.00 0.14 0.87%

Callaway Golf financial indicator trend analysis is way more than just evaluating Callaway Golf prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Callaway Golf is a good investment. Please check the relationship between Callaway Golf Long Term Debt and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Callaway Golf Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Callaway Golf's Long Term Debt and Total Assets is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Callaway Golf, assuming nothing else is changed. The correlation between historical values of Callaway Golf's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Callaway Golf are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Callaway Golf's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Callaway Golf has held for over one year. Long-term debt appears on Callaway Golf balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Callaway Golf balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Callaway Golf 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 Callaway Golf 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.

Most indicators from Callaway Golf's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Callaway Golf 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.At this time, Callaway Golf's Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.4B	2.6B	2.8B
Total Revenue	3.1B	4.0B	4.3B	4.5B

Gross Profit Total Revenue

Callaway Golf fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Non Currrent Assets Other	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.9	0.97	1.0	0.99	0.98	0.94	0.82	1.0	0.82	0.78	0.28	0.99	0.94	0.93	0.99	1.0	0.99	0.96	0.74	0.98	0.28	-0.55	0.99	0.99
Short Long Term Debt Total	0.98		0.87	0.92	0.97	0.99	1.0	0.93	0.86	0.98	0.86	0.84	0.28	0.99	0.9	0.87	0.96	0.99	0.99	0.95	0.68	0.96	0.21	-0.67	0.98	0.98
Other Current Liab	0.9	0.87		0.88	0.88	0.91	0.89	0.82	0.62	0.9	0.62	0.79	0.23	0.9	0.91	0.81	0.89	0.91	0.91	0.88	0.76	0.84	-0.05	-0.53	0.89	0.89
Total Current Liabilities	0.97	0.92	0.88		0.96	0.94	0.93	0.95	0.77	0.96	0.77	0.73	0.2	0.95	0.98	0.97	0.95	0.96	0.93	0.97	0.87	0.98	0.36	-0.41	0.94	0.94
Total Stockholder Equity	1.0	0.97	0.88	0.96		0.99	0.97	0.94	0.8	1.0	0.8	0.75	0.27	0.98	0.92	0.93	1.0	0.99	0.98	0.94	0.72	0.98	0.3	-0.51	0.98	0.98
Property Plant And Equipment Net	0.99	0.99	0.91	0.94	0.99		0.99	0.92	0.8	1.0	0.8	0.8	0.31	1.0	0.91	0.89	0.99	0.99	1.0	0.94	0.7	0.96	0.19	-0.6	0.99	0.99
Net Debt	0.98	1.0	0.89	0.93	0.97	0.99		0.93	0.84	0.98	0.84	0.83	0.29	0.99	0.91	0.87	0.96	0.99	0.99	0.95	0.69	0.96	0.19	-0.67	0.98	0.98
Retained Earnings	0.94	0.93	0.82	0.95	0.94	0.92	0.93		0.82	0.93	0.82	0.82	0.15	0.93	0.95	0.89	0.91	0.94	0.92	0.97	0.8	0.95	0.31	-0.57	0.94	0.94
Cash	0.82	0.86	0.62	0.77	0.8	0.8	0.84	0.82		0.81	1.0	0.76	0.1	0.84	0.72	0.72	0.78	0.83	0.81	0.87	0.47	0.84	0.44	-0.59	0.82	0.82
Non Current Assets Total	1.0	0.98	0.9	0.96	1.0	1.0	0.98	0.93	0.81		0.81	0.76	0.31	0.99	0.92	0.93	0.99	0.99	0.99	0.95	0.72	0.98	0.27	-0.54	0.99	0.99
Cash And Short Term Investments	0.82	0.86	0.62	0.77	0.8	0.8	0.84	0.82	1.0	0.81		0.76	0.1	0.84	0.72	0.72	0.78	0.83	0.81	0.87	0.47	0.84	0.44	-0.59	0.82	0.82
Net Receivables	0.78	0.84	0.79	0.73	0.75	0.8	0.83	0.82	0.76	0.76	0.76		-0.12	0.8	0.79	0.59	0.72	0.8	0.82	0.86	0.55	0.74	-0.02	-0.84	0.79	0.79
Common Stock Shares Outstanding	0.28	0.28	0.23	0.2	0.27	0.31	0.29	0.15	0.1	0.31	0.1	-0.12		0.3	0.11	0.24	0.3	0.28	0.3	0.1	0.18	0.25	-0.17	-0.07	0.3	0.3
Non Current Liabilities Total	0.99	0.99	0.9	0.95	0.98	1.0	0.99	0.93	0.84	0.99	0.84	0.8	0.3		0.92	0.9	0.98	1.0	0.99	0.96	0.72	0.97	0.23	-0.6	0.98	0.98
Inventory	0.94	0.9	0.91	0.98	0.92	0.91	0.91	0.95	0.72	0.92	0.72	0.79	0.11	0.92		0.92	0.9	0.94	0.91	0.97	0.88	0.94	0.24	-0.47	0.9	0.9
Other Current Assets	0.93	0.87	0.81	0.97	0.93	0.89	0.87	0.89	0.72	0.93	0.72	0.59	0.24	0.9	0.92		0.93	0.92	0.87	0.9	0.83	0.96	0.49	-0.25	0.88	0.88
Other Stockholder Equity	0.99	0.96	0.89	0.95	1.0	0.99	0.96	0.91	0.78	0.99	0.78	0.72	0.3	0.98	0.9	0.93		0.98	0.98	0.92	0.69	0.97	0.3	-0.49	0.98	0.98
Total Liab	1.0	0.99	0.91	0.96	0.99	0.99	0.99	0.94	0.83	0.99	0.83	0.8	0.28	1.0	0.94	0.92	0.98		0.99	0.97	0.75	0.98	0.25	-0.57	0.98	0.98
Property Plant And Equipment Gross	0.99	0.99	0.91	0.93	0.98	1.0	0.99	0.92	0.81	0.99	0.81	0.82	0.3	0.99	0.91	0.87	0.98	0.99		0.94	0.68	0.95	0.16	-0.65	0.99	0.99
Total Current Assets	0.96	0.95	0.88	0.97	0.94	0.94	0.95	0.97	0.87	0.95	0.87	0.86	0.1	0.96	0.97	0.9	0.92	0.97	0.94		0.79	0.96	0.3	-0.57	0.94	0.94
Short Term Debt	0.74	0.68	0.76	0.87	0.72	0.7	0.69	0.8	0.47	0.72	0.47	0.55	0.18	0.72	0.88	0.83	0.69	0.75	0.68	0.79		0.78	0.21	-0.19	0.69	0.69
Intangible Assets	0.98	0.96	0.84	0.98	0.98	0.96	0.96	0.95	0.84	0.98	0.84	0.74	0.25	0.97	0.94	0.96	0.97	0.98	0.95	0.96	0.78		0.41	-0.47	0.96	0.96
Accounts Payable	0.28	0.21	-0.05	0.36	0.3	0.19	0.19	0.31	0.44	0.27	0.44	-0.02	-0.17	0.23	0.24	0.49	0.3	0.25	0.16	0.3	0.21	0.41		0.28	0.22	0.22
Non Currrent Assets Other	-0.55	-0.67	-0.53	-0.41	-0.51	-0.6	-0.67	-0.57	-0.59	-0.54	-0.59	-0.84	-0.07	-0.6	-0.47	-0.25	-0.49	-0.57	-0.65	-0.57	-0.19	-0.47	0.28		-0.62	-0.62
Common Stock Total Equity	0.99	0.98	0.89	0.94	0.98	0.99	0.98	0.94	0.82	0.99	0.82	0.79	0.3	0.98	0.9	0.88	0.98	0.98	0.99	0.94	0.69	0.96	0.22	-0.62		1.0
Common Stock	0.99	0.98	0.89	0.94	0.98	0.99	0.98	0.94	0.82	0.99	0.82	0.79	0.3	0.98	0.9	0.88	0.98	0.98	0.99	0.94	0.69	0.96	0.22	-0.62	1.0

Click cells to compare fundamentals

Callaway Golf Account Relationship Matchups

Callaway Golf fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.0B	7.7B	8.6B	9.1B	9.6B
Short Long Term Debt Total	759.3M	894.9M	3.0B	2.9B	4.4B	4.6B
Other Current Liab	65.6M	43.7M	199.6M	626.5M	504.1M	529.3M
Total Current Liabilities	523.2M	391.3M	866.0M	1.2B	947.6M	995.0M
Total Stockholder Equity	767.4M	675.6M	3.7B	3.8B	3.9B	4.1B
Property Plant And Equipment Net	292.9M	341.3M	2.8B	3.2B	3.8B	4.0B
Net Debt	652.6M	528.7M	2.6B	2.7B	4.0B	4.2B
Retained Earnings	489.4M	360.2M	682.2M	852.5M	947.5M	994.9M
Cash	106.7M	366.1M	352.2M	180.2M	394.3M	414.0M
Non Current Assets Total	1.2B	1.1B	6.6B	7.1B	7.5B	7.9B
Cash And Short Term Investments	106.7M	366.1M	352.2M	180.2M	394.3M	414.0M
Net Receivables	140.5M	138.5M	105.3M	167.3M	310.9M	326.4M
Common Stock Shares Outstanding	96.3M	94.2M	176.9M	201.3M	201.1M	101.2M
Liabilities And Stockholders Equity	2.0B	2.0B	7.7B	8.6B	9.1B	9.6B
Non Current Liabilities Total	669.9M	913.7M	3.2B	3.6B	4.3B	4.5B
Inventory	456.6M	352.5M	533.5M	959.2M	794.4M	834.1M
Other Current Assets	85.6M	55.5M	173.6M	193.1M	128.5M	134.9M
Other Stockholder Equity	299.4M	321.0M	3.0B	3.0B	3.0B	3.1B
Total Liab	1.2B	1.3B	4.1B	4.8B	5.2B	5.5B
Property Plant And Equipment Gross	292.9M	341.3M	2.8B	3.2B	4.2B	4.4B
Total Current Assets	789.4M	912.6M	1.2B	1.5B	1.6B	1.7B
Accumulated Other Comprehensive Income	(22.4M)	(6.5M)	(27.3M)	(61.5M)	(47.5M)	(45.1M)
Short Term Debt	178.3M	66.3M	81.4M	295.7M	142.6M	149.7M
Intangible Assets	697.2M	541.0M	1.5B	1.5B	1.5B	1.6B
Accounts Payable	276.3M	278.8M	491.2M	159.1M	130.7M	111.8M
Non Currrent Assets Other	17.1M	14.5M	257.4M	355.4M	(1.3B)	(1.3B)
Other Liab	81.4M	85.1M	327.6M	142.2M	163.5M	171.7M
Other Assets	89.8M	380.5M	257.4M	97.6M	112.2M	76.7M
Treasury Stock	(24.2M)	(25.9M)	(25.4M)	(31.3M)	(36.0M)	(37.8M)
Property Plant Equipment	132.8M	146.5M	2.8B	1.8B	2.1B	2.2B
Current Deferred Revenue	3.0M	2.5M	93.9M	94.9M	170.2M	178.7M
Long Term Debt	443.3M	650.6M	1.5B	1.2B	2.5B	2.6B
Good Will	203.7M	56.7M	2.0B	2.0B	2.0B	2.1B
Net Tangible Assets	207.9M	312.6M	194.2M	2.4B	2.7B	2.9B
Retained Earnings Total Equity	489.4M	360.2M	682.2M	852.5M	980.4M	1.0B

Callaway Golf Investors Sentiment

The influence of Callaway Golf'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 Callaway. 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 Callaway Golf's public news can be used to forecast risks associated with an investment in Callaway. The trend in average sentiment can be used to explain how an investor holding Callaway can time the market purely based on public headlines and social activities around Callaway Golf. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Callaway Golf'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 Callaway Golf'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 Callaway Golf's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Callaway Golf.

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 Callaway Golf 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, Callaway Golf's short interest history, or implied volatility extrapolated from Callaway Golf options trading.

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When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf'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 Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:

How To Invest In Callaway

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Is Callaway Stock a good investment?

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What is Callaway Golf's Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Note that the Callaway Golf information on this page should be used as a complementary analysis to other Callaway Golf'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Callaway Stock analysis

When running Callaway Golf's price analysis, check to measure Callaway Golf'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 Callaway Golf is operating at the current time. Most of Callaway Golf's value examination focuses on studying past and present price action to predict the probability of Callaway Golf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Callaway Golf's price. Additionally, you may evaluate how the addition of Callaway Golf to your portfolios can decrease your overall portfolio volatility.

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Is Callaway Golf'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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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

(0.22)

Earnings Share

0.5

Revenue Per Share

23.161

Quarterly Revenue Growth

0.054

Return On Assets

0.0176

The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.

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Callaway Long Term Debt vs Total Assets Analysis

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Assets

Callaway Golf fundamental ratios Correlations

Callaway Golf Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Callaway Golf fundamental ratios Accounts

Callaway Golf Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Callaway Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity

Non Currrent Assets Other	- 0.84	Net Receivables
Non Currrent Assets Other	- 0.67	Net Debt
Non Currrent Assets Other	- 0.67	Short Long Term Debt Total
Non Currrent Assets Other	- 0.65	Property Plant And Equipment Gross
Common Stock	- 0.62	Non Currrent Assets Other
Common Stock Total Equity	- 0.62	Non Currrent Assets Other