Academy Cash Flow To Debt Ratio vs Free Cash Flow Analysis

ASO Stock

USD 52.58 0.12 0.23%

Academy Sports financial indicator trend analysis is way more than just evaluating Academy Sports Outdoors prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Academy Sports Outdoors is a good investment. Please check the relationship between Academy Sports Cash Flow To Debt Ratio and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Cash Flow To Debt Ratio vs Free Cash Flow

Cash Flow To Debt Ratio vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Academy Sports Outdoors Cash Flow To Debt Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Academy Sports' Cash Flow To Debt Ratio and Free Cash Flow is -0.26. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Academy Sports Outdoors, assuming nothing else is changed. The correlation between historical values of Academy Sports' Cash Flow To Debt Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of Academy Sports Outdoors are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Flow To Debt Ratio i.e., Academy Sports' Cash Flow To Debt Ratio and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Flow To Debt Ratio

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Academy Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Academy Sports Outdoors 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

As of the 18th of January 2025, Sales General And Administrative To Revenue is likely to grow to 0.21, while Tax Provision is likely to drop about 88.1 M.

	2022	2023	2024	2025 (projected)
Interest Expense	46.4M	46.1M	41.4M	62.0M
Depreciation And Amortization	106.7M	110.9M	99.8M	94.4M

Interest Expense Depreciation And Amortization

Academy Sports fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Common Stock Shares Outstanding		-0.37	0.51	0.69	-0.1	-0.4	-0.46	-0.49	-0.24	-0.54	0.5	-0.05	-0.16	-0.32	-0.95	0.53	0.36	-0.16	-0.52	0.77	0.52	-0.72	-0.72	-0.38	-0.1	-0.52
Total Assets	-0.37		0.25	-0.81	0.85	0.91	0.65	0.93	0.98	0.92	-0.18	0.78	0.92	0.99	0.3	-0.8	-0.94	0.92	0.78	-0.52	0.35	0.57	0.58	0.93	0.88	0.91
Short Long Term Debt Total	0.51	0.25		0.25	0.16	-0.06	-0.46	-0.02	0.43	-0.09	0.87	0.11	0.14	0.37	-0.46	0.11	-0.03	0.14	-0.31	0.25	0.99	-0.38	-0.41	-0.02	0.56	-0.1
Other Current Liab	0.69	-0.81	0.25		-0.68	-0.9	-0.84	-0.93	-0.72	-0.91	0.58	-0.64	-0.74	-0.75	-0.61	0.77	0.89	-0.74	-0.78	0.62	0.15	-0.73	-0.77	-0.89	-0.52	-0.94
Total Current Liabilities	-0.1	0.85	0.16	-0.68		0.84	0.63	0.81	0.84	0.75	-0.31	0.99	0.96	0.83	-0.04	-0.69	-0.9	0.96	0.7	-0.4	0.29	0.3	0.28	0.84	0.84	0.85
Total Stockholder Equity	-0.4	0.91	-0.06	-0.9	0.84		0.89	0.94	0.85	0.97	-0.5	0.79	0.93	0.86	0.31	-0.81	-0.99	0.93	0.88	-0.4	0.08	0.63	0.74	1.0	0.65	0.95
Other Liab	-0.46	0.65	-0.46	-0.84	0.63	0.89		0.79	0.51	0.86	-0.79	0.62	0.73	0.54	0.36	-0.64	-0.82	0.73	0.85	-0.29	-0.32	0.7	0.8	0.87	0.27	0.82
Net Tangible Assets	-0.49	0.93	-0.02	-0.93	0.81	0.94	0.79		0.86	0.95	-0.43	0.76	0.89	0.88	0.41	-0.81	-0.96	0.89	0.81	-0.57	0.1	0.71	0.65	0.96	0.71	0.99
Property Plant And Equipment Net	-0.24	0.98	0.43	-0.72	0.84	0.85	0.51	0.86		0.83	0.0	0.77	0.89	0.99	0.17	-0.74	-0.89	0.89	0.66	-0.42	0.53	0.41	0.44	0.86	0.93	0.83
Current Deferred Revenue	-0.54	0.92	-0.09	-0.91	0.75	0.97	0.86	0.95	0.83		-0.48	0.69	0.86	0.86	0.47	-0.82	-0.94	0.86	0.9	-0.53	0.02	0.77	0.81	0.97	0.64	0.95
Net Debt	0.5	-0.18	0.87	0.58	-0.31	-0.5	-0.79	-0.43	0.0	-0.48		-0.35	-0.35	-0.05	-0.4	0.46	0.43	-0.35	-0.66	0.34	0.79	-0.52	-0.59	-0.47	0.17	-0.51
Accounts Payable	-0.05	0.78	0.11	-0.64	0.99	0.79	0.62	0.76	0.77	0.69	-0.35		0.92	0.75	-0.11	-0.63	-0.85	0.92	0.65	-0.36	0.24	0.24	0.21	0.8	0.77	0.81
Cash	-0.16	0.92	0.14	-0.74	0.96	0.93	0.73	0.89	0.89	0.86	-0.35	0.92		0.88	0.05	-0.8	-0.96	1.0	0.81	-0.38	0.28	0.42	0.46	0.94	0.81	0.9
Non Current Assets Total	-0.32	0.99	0.37	-0.75	0.83	0.86	0.54	0.88	0.99	0.86	-0.05	0.75	0.88		0.26	-0.77	-0.9	0.88	0.7	-0.5	0.46	0.48	0.5	0.87	0.92	0.85
Non Currrent Assets Other	-0.95	0.3	-0.46	-0.61	-0.04	0.31	0.36	0.41	0.17	0.47	-0.4	-0.11	0.05	0.26		-0.51	-0.27	0.05	0.45	-0.72	-0.5	0.66	0.72	0.29	0.02	0.42
Other Assets	0.53	-0.8	0.11	0.77	-0.69	-0.81	-0.64	-0.81	-0.74	-0.82	0.46	-0.63	-0.8	-0.77	-0.51		0.82	-0.8	-0.9	0.65	0.03	-0.48	-0.67	-0.8	-0.61	-0.84
Long Term Debt	0.36	-0.94	-0.03	0.89	-0.9	-0.99	-0.82	-0.96	-0.89	-0.94	0.43	-0.85	-0.96	-0.9	-0.27	0.82		-0.96	-0.84	0.44	-0.17	-0.56	-0.63	-0.99	-0.74	-0.97
Cash And Short Term Investments	-0.16	0.92	0.14	-0.74	0.96	0.93	0.73	0.89	0.89	0.86	-0.35	0.92	1.0	0.88	0.05	-0.8	-0.96		0.81	-0.38	0.28	0.42	0.46	0.94	0.81	0.9
Net Receivables	-0.52	0.78	-0.31	-0.78	0.7	0.88	0.85	0.81	0.66	0.9	-0.66	0.65	0.81	0.7	0.45	-0.9	-0.84	0.81		-0.54	-0.2	0.65	0.79	0.87	0.49	0.85
Good Will	0.77	-0.52	0.25	0.62	-0.4	-0.4	-0.29	-0.57	-0.42	-0.53	0.34	-0.36	-0.38	-0.5	-0.72	0.65	0.44	-0.38	-0.54		0.27	-0.58	-0.38	-0.4	-0.47	-0.62
Non Current Liabilities Total	0.52	0.35	0.99	0.15	0.29	0.08	-0.32	0.1	0.53	0.02	0.79	0.24	0.28	0.46	-0.5	0.03	-0.17	0.28	-0.2	0.27		-0.33	-0.34	0.12	0.63	0.02
Inventory	-0.72	0.57	-0.38	-0.73	0.3	0.63	0.7	0.71	0.41	0.77	-0.52	0.24	0.42	0.48	0.66	-0.48	-0.56	0.42	0.65	-0.58	-0.33		0.76	0.64	0.24	0.68
Other Current Assets	-0.72	0.58	-0.41	-0.77	0.28	0.74	0.8	0.65	0.44	0.81	-0.59	0.21	0.46	0.5	0.72	-0.67	-0.63	0.46	0.79	-0.38	-0.34	0.76		0.71	0.15	0.65
Other Stockholder Equity	-0.38	0.93	-0.02	-0.89	0.84	1.0	0.87	0.96	0.86	0.97	-0.47	0.8	0.94	0.87	0.29	-0.8	-0.99	0.94	0.87	-0.4	0.12	0.64	0.71		0.68	0.95
Total Liab	-0.1	0.88	0.56	-0.52	0.84	0.65	0.27	0.71	0.93	0.64	0.17	0.77	0.81	0.92	0.02	-0.61	-0.74	0.81	0.49	-0.47	0.63	0.24	0.15	0.68		0.7
Deferred Long Term Liab	-0.52	0.91	-0.1	-0.94	0.85	0.95	0.82	0.99	0.83	0.95	-0.51	0.81	0.9	0.85	0.42	-0.84	-0.97	0.9	0.85	-0.62	0.02	0.68	0.65	0.95	0.7

Click cells to compare fundamentals

Academy Sports Account Relationship Matchups

Academy Sports fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	91.1M	94.3M	83.9M	77.5M	69.7M	68.7M
Total Assets	4.4B	4.6B	4.6B	4.7B	5.4B	4.7B
Short Long Term Debt Total	2.0B	1.8B	1.8B	1.7B	1.5B	1.6B
Other Current Liab	78.5M	91.0M	7.1M	(5.9M)	(5.3M)	(5.1M)
Total Current Liabilities	1.2B	1.1B	1.0B	879.9M	1.0B	1.0B
Total Stockholder Equity	1.1B	1.5B	1.6B	2.0B	2.2B	1.1B
Other Liab	20.0M	173.8M	229.6M	271.8M	312.5M	183.9M
Net Tangible Assets	(450.7M)	(326.9M)	27.8M	188.7M	217.0M	227.8M
Property Plant And Equipment Net	1.5B	1.4B	1.5B	1.6B	1.8B	1.5B
Current Deferred Revenue	76.8M	88.7M	92.6M	96.7M	111.2M	90.3M
Net Debt	1.6B	1.4B	1.4B	1.3B	1.2B	1.3B
Accounts Payable	791.4M	737.8M	686.5M	541.1M	622.2M	663.2M
Cash	377.6M	486.0M	337.1M	347.9M	400.1M	325.2M
Non Current Assets Total	3.0B	2.9B	2.9B	3.0B	3.5B	3.1B
Non Currrent Assets Other	8.6M	4.7M	17.6M	35.2M	40.5M	42.5M
Other Assets	8.6M	4.7M	17.6M	1.0	0.9	0.86
Long Term Debt	781.5M	683.6M	584.5M	484.6M	436.1M	735.9M
Cash And Short Term Investments	377.6M	486.0M	337.1M	347.9M	400.1M	325.2M
Net Receivables	17.3M	19.7M	16.5M	19.4M	22.3M	18.8M
Liabilities And Stockholders Equity	4.4B	4.6B	4.6B	4.7B	5.4B	4.4B
Non Current Liabilities Total	2.1B	2.0B	1.9B	1.8B	1.7B	1.6B
Capital Lease Obligations	1.2B	1.2B	1.2B	1.2B	1.4B	1.1B
Inventory	990.0M	1.2B	1.3B	1.2B	1.4B	1.3B
Other Current Assets	30.1M	38.2M	49.5M	83.5M	96.0M	48.7M
Other Stockholder Equity	127.2M	198.0M	216.2M	242.1M	278.4M	143.6M
Total Liab	3.3B	3.1B	3.0B	2.7B	3.1B	3.3B
Deferred Long Term Liab	3.4M	138.7M	217.2M	259.0M	297.9M	312.8M
Net Invested Capital	1.9B	2.2B	2.2B	2.4B	2.2B	1.8B
Property Plant And Equipment Gross	1.5B	1.4B	1.5B	2.8B	3.2B	1.7B
Total Current Assets	1.4B	1.7B	1.7B	1.6B	1.9B	1.7B
Non Current Liabilities Other	1.2B	1.1B	1.1B	11.6M	13.3M	12.6M
Net Working Capital	247.9M	588.6M	648.0M	765.0M	879.8M	618.0M
Short Term Debt	164.7M	169.2M	221.2M	238.7M	274.5M	178.3M
Common Stock	911K	870K	767K	743K	668.7K	635.3K
Property Plant Equipment	1.6B	378.3M	345.8M	351.4M	316.3M	505.4M
Retained Earnings	987.2M	1.3B	1.4B	1.7B	2.0B	2.1B
Capital Stock	911K	870K	767K	743K	854.5K	724.0K

Pair Trading with Academy Sports

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Academy Sports position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Academy Sports will appreciate offsetting losses from the drop in the long position's value.

Moving against Academy Stock

0.49	HD	Home Depot	Pair Corr
0.47	DLTH	Duluth Holdings	Pair Corr
0.44	EDUC	Educational Development	Pair Corr
0.42	BQ	Boqii Holding Limited	Pair Corr
0.35	LE	Lands End	Pair Corr

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Academy Sports - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Academy Sports Outdoors to buy it.

The correlation of Academy Sports is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports Outdoors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Academy Sports can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Academy Sports Outdoors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Academy Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Academy Sports Outdoors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Academy Sports Outdoors Stock:

How To Invest In Academy

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Is Academy Stock a good investment?

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What is Academy Sports' Net Worth?

Details

Largest Other Specialty Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Other Specialty Retail space 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 Academy Sports. If investors know Academy 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 Academy Sports 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

(0.03)

Earnings Share

6.05

Revenue Per Share

82.956

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0829

The market value of Academy Sports Outdoors is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Academy Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.

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Academy Cash Flow To Debt Ratio vs Free Cash Flow Analysis

Cash Flow To Debt Ratio vs Free Cash Flow

Cash Flow To Debt Ratio vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Cash Flow To Debt Ratio

Free Cash Flow

Academy Sports fundamental ratios Correlations

Academy Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Academy Sports fundamental ratios Accounts

Pair Trading with Academy Sports

Moving against Academy Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Deferred Long Term Liab	+ 0.99	Net Tangible Assets

Other Stockholder Equity	- 0.99	Long Term Debt
Long Term Debt	- 0.99	Total Stockholder Equity
Deferred Long Term Liab	- 0.97	Long Term Debt
Cash And Short Term Investments	- 0.96	Long Term Debt
Long Term Debt	- 0.96	Cash
Long Term Debt	- 0.96	Net Tangible Assets