Based on the key indicators related to Rocky Brands' liquidity, profitability, solvency, and operating efficiency, Rocky Brands is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At this time, Rocky Brands' Non Current Assets Total are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 5.4 M in 2025, whereas Non Currrent Assets Other are likely to drop slightly above 825.1 K in 2025. Key indicators impacting Rocky Brands' financial strength include:
The essential information of the day-to-day investment outlook for Rocky Brands includes many different criteria found on its balance sheet. An individual investor should monitor Rocky Brands' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rocky Brands.
Please note, the imprecision that can be found in Rocky Brands' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rocky Brands. Check Rocky Brands' Beneish M Score to see the likelihood of Rocky Brands' management manipulating its earnings.
Rocky Brands Stock Summary
Rocky Brands competes with Vera Bradley, Steven Madden, Wolverine World, Continental, and Weyco. Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio. Rocky Brands operates under Footwear Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Rocky Brands. It measures of how well Rocky is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Rocky Brands brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Rocky had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Rocky Brands has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Rocky Brands's current stock value. Our valuation model uses many indicators to compare Rocky Brands value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rocky Brands competition to find correlations between indicators driving Rocky Brands's intrinsic value. More Info.
Rocky Brands is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.86 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rocky Brands is roughly 1.16 . At this time, Rocky Brands' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rocky Brands' earnings, one of the primary drivers of an investment's value.
Rocky Brands Systematic Risk
Rocky Brands' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rocky Brands volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Rocky Brands correlated with the market. If Beta is less than 0 Rocky Brands generally moves in the opposite direction as compared to the market. If Rocky Brands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rocky Brands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rocky Brands is generally in the same direction as the market. If Beta > 1 Rocky Brands moves generally in the same direction as, but more than the movement of the benchmark.
Rocky Brands Thematic Clasifications
Rocky Brands is part of several thematic ideas from Office Supplies to Apparel. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Rocky Brands Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rocky Brands' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rocky Brands growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Rocky Brands help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rocky Brands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rocky Brands based on widely used predictive technical indicators. In general, we focus on analyzing Rocky Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rocky Brands's daily price indicators and compare them against related drivers.
When running Rocky Brands' price analysis, check to measure Rocky Brands' 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 Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.