Rocky Brands Stock Current Asset

RCKY Stock  USD 20.91  0.05  0.24%   
Rocky Brands fundamentals help investors to digest information that contributes to Rocky Brands' financial success or failures. It also enables traders to predict the movement of Rocky Stock. The fundamental analysis module provides a way to measure Rocky Brands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rocky Brands stock.
Non Current Assets Total is likely to rise to about 232.3 M in 2024. Total Current Assets is likely to rise to about 271.1 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rocky Brands Company Current Asset Analysis

Rocky Brands' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Rocky Brands Current Asset

    
  129.22 M  
Most of Rocky Brands' fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rocky Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Rocky Current Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Rocky Brands current asset as a starting point in their analysis.
   Rocky Brands Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Rocky Total Assets

Total Assets

503.35 Million

At this time, Rocky Brands' Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Rocky Brands has a Current Asset of 129.22 M. This is 99.75% lower than that of the Textiles, Apparel & Luxury Goods sector and 95.22% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 98.62% higher than that of the company.

Rocky Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rocky Brands' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rocky Brands could also be used in its relative valuation, which is a method of valuing Rocky Brands by comparing valuation metrics of similar companies.
Rocky Brands is currently under evaluation in current asset category among its peers.

Rocky Brands ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rocky Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rocky Brands' managers, analysts, and investors.
Environmental
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Rocky Fundamentals

About Rocky Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rocky Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocky Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocky Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Rocky Stock Analysis

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.