Callaway Short Term Debt vs Net Receivables 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 Short Term Debt and its Net Receivables 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.
Short Term Debt vs Net Receivables
Short Term Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Callaway Golf Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Callaway Golf's Short Term Debt and Net Receivables is 0.55. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables 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 Short Term Debt and Net Receivables 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 Term Debt of Callaway Golf are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Callaway Golf's Short Term Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Net Receivables
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 |
Callaway Golf fundamental ratios Correlations
Click cells to compare fundamentals
Callaway Golf Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.