Skechers Usa Stock Z Score

SKX Stock

USD 61.01 1.24 2.07%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Skechers USA Piotroski F Score and Skechers USA Valuation analysis.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

At this time, Skechers USA's Additional Paid In Capital is fairly stable compared to the past year. Capital Stock is likely to rise to about 169.6 K in 2024, whereas Capital Surpluse is likely to drop slightly above 412.6 M in 2024. At this time, Skechers USA's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 573.1 M in 2024, despite the fact that Minority Interest is likely to grow to (91.4 M).

Skechers USA Company Z Score Analysis

Skechers USA's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Skechers Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Skechers USA is extremely important. It helps to project a fair market value of Skechers Stock properly, considering its historical fundamentals such as Z Score. Since Skechers USA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skechers USA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skechers USA's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock	Current Deferred Revenue
Total Assets		0.98	0.76	0.99	0.97	0.99	0.98	0.98	0.92	0.87	0.52	0.6	0.92	0.67	0.94	0.88	0.53	0.57	0.92	-0.05	0.33	0.93	0.91	0.49	0.57	-0.6
Total Stockholder Equity	0.98		0.66	1.0	0.98	0.99	0.93	0.98	0.86	0.86	0.41	0.61	0.94	0.59	0.9	0.88	0.42	0.66	0.89	-0.12	0.23	0.9	0.87	0.47	0.58	-0.64
Net Debt	0.76	0.66		0.68	0.62	0.7	0.83	0.65	0.92	0.58	0.55	0.21	0.73	0.69	0.76	0.67	0.58	0.12	0.81	0.5	0.25	0.84	0.77	0.38	0.39	-0.31
Retained Earnings	0.99	1.0	0.68		0.97	0.98	0.94	0.97	0.88	0.88	0.41	0.58	0.95	0.61	0.91	0.87	0.42	0.63	0.9	-0.09	0.22	0.91	0.88	0.47	0.6	-0.67
Accounts Payable	0.97	0.98	0.62	0.97		0.99	0.93	0.99	0.83	0.85	0.42	0.71	0.87	0.65	0.91	0.88	0.42	0.62	0.83	-0.21	0.28	0.85	0.82	0.43	0.52	-0.55
Net Receivables	0.99	0.99	0.7	0.98	0.99		0.96	0.99	0.88	0.86	0.45	0.65	0.9	0.69	0.94	0.89	0.46	0.58	0.87	-0.1	0.28	0.9	0.86	0.43	0.54	-0.57
Total Liab	0.98	0.93	0.83	0.94	0.93	0.96		0.95	0.95	0.85	0.62	0.57	0.87	0.74	0.95	0.86	0.63	0.46	0.92	0.03	0.43	0.93	0.92	0.5	0.53	-0.52
Total Current Assets	0.98	0.98	0.65	0.97	0.99	0.99	0.95		0.84	0.86	0.51	0.69	0.87	0.66	0.92	0.88	0.52	0.62	0.86	-0.19	0.37	0.87	0.87	0.45	0.53	-0.56
Short Term Debt	0.92	0.86	0.92	0.88	0.83	0.88	0.95	0.84		0.78	0.49	0.36	0.87	0.7	0.89	0.8	0.51	0.32	0.89	0.29	0.27	0.92	0.87	0.43	0.52	-0.52
Intangible Assets	0.87	0.86	0.58	0.88	0.85	0.86	0.85	0.86	0.78		0.4	0.4	0.8	0.68	0.91	0.71	0.43	0.37	0.79	-0.11	0.41	0.79	0.83	0.53	0.6	-0.74
Long Term Debt	0.52	0.41	0.55	0.41	0.42	0.45	0.62	0.51	0.49	0.4		0.36	0.33	0.48	0.57	0.47	1.0	0.22	0.64	0.02	0.78	0.57	0.7	0.36	0.12	-0.04
Common Stock	0.6	0.61	0.21	0.58	0.71	0.65	0.57	0.69	0.36	0.4	0.36		0.39	0.5	0.53	0.73	0.33	0.62	0.39	-0.63	0.24	0.47	0.43	0.2	-0.02	0.01
Property Plant Equipment	0.92	0.94	0.73	0.95	0.87	0.9	0.87	0.87	0.87	0.8	0.33	0.39		0.5	0.83	0.81	0.35	0.62	0.93	0.1	0.05	0.93	0.87	0.51	0.63	-0.7
Short Term Investments	0.67	0.59	0.69	0.61	0.65	0.69	0.74	0.66	0.7	0.68	0.48	0.5	0.5		0.85	0.71	0.49	0.07	0.58	0.07	0.41	0.66	0.63	0.27	0.17	-0.11
Good Will	0.94	0.9	0.76	0.91	0.91	0.94	0.95	0.92	0.89	0.91	0.57	0.53	0.83	0.85		0.84	0.59	0.38	0.87	0.01	0.44	0.89	0.89	0.48	0.5	-0.51
Net Tangible Assets	0.88	0.88	0.67	0.87	0.88	0.89	0.86	0.88	0.8	0.71	0.47	0.73	0.81	0.71	0.84		0.46	0.64	0.79	-0.08	0.12	0.91	0.84	0.41	0.16	-0.29
Long Term Debt Total	0.53	0.42	0.58	0.42	0.42	0.46	0.63	0.52	0.51	0.43	1.0	0.33	0.35	0.49	0.59	0.46		0.22	0.67	0.03	0.8	0.58	0.72	0.37	0.18	-0.09
Capital Surpluse	0.57	0.66	0.12	0.63	0.62	0.58	0.46	0.62	0.32	0.37	0.22	0.62	0.62	0.07	0.38	0.64	0.22		0.56	-0.49	-0.04	0.55	0.54	0.42	0.24	-0.38
Deferred Long Term Liab	0.92	0.89	0.81	0.9	0.83	0.87	0.92	0.86	0.89	0.79	0.64	0.39	0.93	0.58	0.87	0.79	0.67	0.56		0.12	0.36	0.95	0.97	0.55	0.6	-0.61
Short Long Term Debt	-0.05	-0.12	0.5	-0.09	-0.21	-0.1	0.03	-0.19	0.29	-0.11	0.02	-0.63	0.1	0.07	0.01	-0.08	0.03	-0.49	0.12		-0.23	0.16	0.07	-0.13	0.0	0.08
Cash And Equivalents	0.33	0.23	0.25	0.22	0.28	0.28	0.43	0.37	0.27	0.41	0.78	0.24	0.05	0.41	0.44	0.12	0.8	-0.04	0.36	-0.23		0.21	0.41	0.31	0.3	-0.14
Net Invested Capital	0.93	0.9	0.84	0.91	0.85	0.9	0.93	0.87	0.92	0.79	0.57	0.47	0.93	0.66	0.89	0.91	0.58	0.55	0.95	0.16	0.21		0.96	0.49	0.4	-0.5
Net Working Capital	0.91	0.87	0.77	0.88	0.82	0.86	0.92	0.87	0.87	0.83	0.7	0.43	0.87	0.63	0.89	0.84	0.72	0.54	0.97	0.07	0.41	0.96		0.5	0.46	-0.57
Long Term Investments	0.49	0.47	0.38	0.47	0.43	0.43	0.5	0.45	0.43	0.53	0.36	0.2	0.51	0.27	0.48	0.41	0.37	0.42	0.55	-0.13	0.31	0.49	0.5		0.35	-0.41
Capital Stock	0.57	0.58	0.39	0.6	0.52	0.54	0.53	0.53	0.52	0.6	0.12	-0.02	0.63	0.17	0.5	0.16	0.18	0.24	0.6	0.0	0.3	0.4	0.46	0.35		-0.85
Current Deferred Revenue	-0.6	-0.64	-0.31	-0.67	-0.55	-0.57	-0.52	-0.56	-0.52	-0.74	-0.04	0.01	-0.7	-0.11	-0.51	-0.29	-0.09	-0.38	-0.61	0.08	-0.14	-0.5	-0.57	-0.41	-0.85

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Skechers USA

Based on the company's disclosures, Skechers USA has a Z Score of 0.0. This is 100.0% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

Skechers USA 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, Skechers USA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skechers USA's managers, analysts, and investors.

Environmental

Governance

Social

Skechers USA Institutional Holders

Institutional Holdings refers to the ownership stake in Skechers USA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Skechers USA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Skechers USA's value.

		Shares
Dimensional Fund Advisors, Inc.	2024-09-30	1.9 M
Bank Of America Corp	2024-06-30	1.8 M
Amvescap Plc.	2024-06-30	1.6 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)	2024-06-30	1.6 M
Theleme Partners Llp	2024-06-30	1.6 M
Bank Of New York Mellon Corp	2024-06-30	1.5 M
Norges Bank	2024-06-30	1.4 M
Charles Schwab Investment Management Inc	2024-09-30	1.3 M
Aqr Capital Management Llc	2024-06-30	1.3 M
Fmr Inc	2024-09-30	19.9 M
Blackrock Inc	2024-06-30	12.7 M

Skechers Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0684
	Profit Margin	0.07 %
	Operating Margin	0.1 %
	Current Valuation	9.65 B
	Shares Outstanding	131.59 M
	Shares Owned By Insiders	0.81 %
	Shares Owned By Institutions	96.18 %
	Number Of Shares Shorted	6.44 M
	Price To Earning	42.36 X
	Price To Book	2.07 X
	Price To Sales	1.04 X
	Revenue	8 B
	Gross Profit	3.52 B
	EBITDA	966.71 M
	Net Income	545.8 M
	Cash And Equivalents	615.73 M
	Cash Per Share	3.93 X
	Total Debt	1.68 B
	Debt To Equity	0.43 %
	Current Ratio	2.27 X
	Book Value Per Share	28.87 X
	Cash Flow From Operations	1.23 B
	Short Ratio	2.79 X
	Earnings Per Share	4.06 X
	Price To Earnings To Growth	1.19 X
	Target Price	82.05
	Number Of Employees	9.2 K
	Beta	1.23
	Market Capitalization	9.02 B
	Total Asset	7.55 B
	Retained Earnings	3.8 B
	Working Capital	2.29 B
	Current Asset	1.55 B
	Current Liabilities	577.01 M
	Net Asset	7.55 B

About Skechers USA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skechers USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skechers USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skechers USA 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 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.

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Skechers Usa Stock Z Score

Skechers USA Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Skechers Z Score Driver Correlations

Skechers USA ESG Sustainability

Skechers USA Institutional Holders

Skechers Fundamentals

About Skechers USA Fundamental Analysis

Also Currently Popular

Additional Tools for Skechers Stock Analysis

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