Skechers Return On Tangible Assets from 2010 to 2024

SKX Stock  USD 63.48  1.79  2.90%   
Skechers USA Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0739573
Current Value
0.0821
Quarterly Volatility
0.05188819
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skechers USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 191 M, Total Revenue of 8.4 B or Gross Profit of 4.2 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.27 or PTB Ratio of 2.6. Skechers financial statements analysis is a perfect complement when working with Skechers USA Valuation or Volatility modules.
  
Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Latest Skechers USA's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Skechers USA over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Skechers USA's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skechers USA's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Skechers Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Coefficient Of Variation74.67
Mean Deviation0.04
Median0.07
Standard Deviation0.05
Sample Variance0
Range0.2209
R-Value0.14
Mean Square Error0
R-Squared0.02
Significance0.63
Slope0
Total Sum of Squares0.04

Skechers Return On Tangible Assets History

2024 0.0821
2023 0.074
2022 0.0549
2021 0.12
2020 0.0256
2019 0.0719
2018 0.0933

About Skechers USA Financial Statements

Skechers USA investors use historical fundamental indicators, such as Skechers USA's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Skechers USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.08 

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Additional Tools for Skechers Stock Analysis

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