Dicks Other Current Liab vs Cash And Short Term Investments Analysis

DKS Stock

USD 210.16 8.53 4.23%

Dicks Sporting financial indicator trend analysis is much more than just examining Dicks Sporting Goods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dicks Sporting Goods is a good investment. Please check the relationship between Dicks Sporting Other Current Liab and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dicks Sporting Goods Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Dicks Sporting's Other Current Liab and Cash And Short Term Investments is -0.58. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Dicks Sporting Goods, assuming nothing else is changed. The correlation between historical values of Dicks Sporting's Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Dicks Sporting Goods are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Dicks Sporting's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dicks Sporting Goods balance sheet. This account contains Dicks Sporting investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dicks Sporting Goods fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Selling General Administrative is likely to gain to about 2.8 B in 2024, whereas Tax Provision is likely to drop slightly above 249.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.7B	4.3B	4.5B	4.8B
Total Revenue	12.3B	12.4B	13.0B	13.6B

Gross Profit Total Revenue

Dicks Sporting fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Cash	Long Term Debt	Other Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash And Short Term Investments
Total Assets		0.63	0.97	0.44	0.92	0.15	0.97	0.95	-0.9	0.99	0.98	-0.27	1.0	-0.26	0.82	0.86	0.87	0.18	-0.09	0.96	0.94	0.97	0.74	0.87	0.96	0.86
Total Stockholder Equity	0.63		0.6	0.07	0.73	0.58	0.46	0.69	-0.38	0.55	0.63	0.11	0.66	0.22	0.87	0.45	0.37	0.71	0.46	0.6	0.41	0.57	0.85	0.33	0.57	0.45
Non Current Assets Total	0.97	0.6		0.41	0.87	0.09	0.94	0.94	-0.86	0.97	0.9	-0.18	0.98	-0.26	0.82	0.74	0.77	0.14	-0.12	0.9	0.92	1.0	0.74	0.92	0.92	0.74
Non Currrent Assets Other	0.44	0.07	0.41		0.27	-0.56	0.6	0.29	-0.59	0.53	0.47	-0.7	0.42	-0.58	0.4	0.59	0.63	-0.34	-0.71	0.43	0.62	0.42	0.2	0.56	0.41	0.59
Other Assets	0.92	0.73	0.87	0.27		0.41	0.81	0.93	-0.77	0.87	0.92	-0.05	0.92	-0.04	0.76	0.76	0.75	0.36	0.22	0.9	0.78	0.85	0.7	0.68	0.91	0.76
Common Stock Shares Outstanding	0.15	0.58	0.09	-0.56	0.41		-0.06	0.25	0.19	0.03	0.18	0.57	0.16	0.45	0.23	0.06	-0.04	0.68	0.95	0.11	-0.1	0.05	0.38	-0.2	0.09	0.06
Non Current Liabilities Total	0.97	0.46	0.94	0.6	0.81	-0.06		0.87	-0.93	0.99	0.94	-0.42	0.95	-0.44	0.74	0.88	0.92	-0.02	-0.31	0.92	0.99	0.95	0.64	0.93	0.92	0.88
Inventory	0.95	0.69	0.94	0.29	0.93	0.25	0.87		-0.87	0.91	0.92	-0.08	0.95	-0.04	0.79	0.7	0.77	0.37	0.05	0.91	0.83	0.93	0.74	0.81	0.96	0.7
Other Stockholder Equity	-0.9	-0.38	-0.86	-0.59	-0.77	0.19	-0.93	-0.87		-0.92	-0.89	0.43	-0.87	0.31	-0.63	-0.78	-0.9	-0.02	0.39	-0.89	-0.91	-0.87	-0.51	-0.87	-0.95	-0.78
Total Liab	0.99	0.55	0.97	0.53	0.87	0.03	0.99	0.91	-0.92		0.96	-0.35	0.98	-0.36	0.79	0.87	0.9	0.07	-0.22	0.94	0.98	0.97	0.7	0.91	0.94	0.87
Total Current Assets	0.98	0.63	0.9	0.47	0.92	0.18	0.94	0.92	-0.89	0.96		-0.35	0.96	-0.26	0.78	0.92	0.92	0.2	-0.07	0.97	0.92	0.9	0.7	0.79	0.95	0.92
Other Current Liab	-0.27	0.11	-0.18	-0.7	-0.05	0.57	-0.42	-0.08	0.43	-0.35	-0.35		-0.23	0.69	-0.12	-0.58	-0.52	0.4	0.67	-0.38	-0.47	-0.21	0.09	-0.33	-0.28	-0.58
Total Current Liabilities	1.0	0.66	0.98	0.42	0.92	0.16	0.95	0.95	-0.87	0.98	0.96	-0.23		-0.21	0.85	0.83	0.83	0.21	-0.07	0.96	0.92	0.97	0.78	0.85	0.95	0.83
Other Liab	-0.26	0.22	-0.26	-0.58	-0.04	0.45	-0.44	-0.04	0.31	-0.36	-0.26	0.69	-0.21		-0.03	-0.45	-0.43	0.59	0.53	-0.2	-0.54	-0.3	0.17	-0.52	-0.16	-0.45
Accounts Payable	0.82	0.87	0.82	0.4	0.76	0.23	0.74	0.79	-0.63	0.79	0.78	-0.12	0.85	-0.03		0.65	0.6	0.41	0.02	0.77	0.71	0.8	0.95	0.64	0.72	0.65
Cash	0.86	0.45	0.74	0.59	0.76	0.06	0.88	0.7	-0.78	0.87	0.92	-0.58	0.83	-0.45	0.65		0.93	-0.02	-0.21	0.88	0.88	0.74	0.56	0.67	0.79	1.0
Long Term Debt	0.87	0.37	0.77	0.63	0.75	-0.04	0.92	0.77	-0.9	0.9	0.92	-0.52	0.83	-0.43	0.6	0.93		-0.01	-0.31	0.86	0.91	0.77	0.51	0.76	0.87	0.93
Other Current Assets	0.18	0.71	0.14	-0.34	0.36	0.68	-0.02	0.37	-0.02	0.07	0.2	0.4	0.21	0.59	0.41	-0.02	-0.01		0.66	0.2	-0.09	0.1	0.5	-0.13	0.23	-0.02
Common Stock	-0.09	0.46	-0.12	-0.71	0.22	0.95	-0.31	0.05	0.39	-0.22	-0.07	0.67	-0.07	0.53	0.02	-0.21	-0.31	0.66		-0.11	-0.34	-0.16	0.16	-0.39	-0.12	-0.21
Property Plant Equipment	0.96	0.6	0.9	0.43	0.9	0.11	0.92	0.91	-0.89	0.94	0.97	-0.38	0.96	-0.2	0.77	0.88	0.86	0.2	-0.11		0.89	0.9	0.68	0.77	0.96	0.88
Short Long Term Debt Total	0.94	0.41	0.92	0.62	0.78	-0.1	0.99	0.83	-0.91	0.98	0.92	-0.47	0.92	-0.54	0.71	0.88	0.91	-0.09	-0.34	0.89		0.94	0.58	0.94	0.88	0.88
Property Plant And Equipment Net	0.97	0.57	1.0	0.42	0.85	0.05	0.95	0.93	-0.87	0.97	0.9	-0.21	0.97	-0.3	0.8	0.74	0.77	0.1	-0.16	0.9	0.94		0.71	0.94	0.91	0.74
Current Deferred Revenue	0.74	0.85	0.74	0.2	0.7	0.38	0.64	0.74	-0.51	0.7	0.7	0.09	0.78	0.17	0.95	0.56	0.51	0.5	0.16	0.68	0.58	0.71		0.51	0.63	0.56
Net Debt	0.87	0.33	0.92	0.56	0.68	-0.2	0.93	0.81	-0.87	0.91	0.79	-0.33	0.85	-0.52	0.64	0.67	0.76	-0.13	-0.39	0.77	0.94	0.94	0.51		0.82	0.67
Retained Earnings	0.96	0.57	0.92	0.41	0.91	0.09	0.92	0.96	-0.95	0.94	0.95	-0.28	0.95	-0.16	0.72	0.79	0.87	0.23	-0.12	0.96	0.88	0.91	0.63	0.82		0.79
Cash And Short Term Investments	0.86	0.45	0.74	0.59	0.76	0.06	0.88	0.7	-0.78	0.87	0.92	-0.58	0.83	-0.45	0.65	1.0	0.93	-0.02	-0.21	0.88	0.88	0.74	0.56	0.67	0.79

Click cells to compare fundamentals

Dicks Sporting Account Relationship Matchups

Dicks Sporting fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	7.8B	9.0B	9.0B	9.3B	9.8B
Total Stockholder Equity	1.7B	2.3B	2.1B	2.5B	2.6B	1.3B
Non Current Assets Total	4.2B	4.0B	3.9B	4.0B	4.4B	4.6B
Non Currrent Assets Other	133.9M	155.6M	202.9M	230.2M	185.7M	113.8M
Other Assets	148.3M	207.1M	237.9M	271.4M	312.2M	327.8M
Common Stock Shares Outstanding	89.1M	92.6M	109.6M	99.3M	85.9M	107.2M
Liabilities And Stockholders Equity	6.6B	7.8B	9.0B	9.0B	9.3B	9.8B
Non Current Liabilities Total	2.8B	2.9B	4.2B	3.8B	3.9B	4.1B
Inventory	2.2B	2.0B	2.3B	2.8B	2.8B	3.0B
Other Stockholder Equity	(914.4M)	(726.0M)	(1.9B)	(2.4B)	(3.0B)	(2.8B)
Total Liab	4.9B	5.4B	6.9B	6.5B	6.7B	7.0B
Total Current Assets	2.4B	3.8B	5.1B	5.0B	4.9B	5.1B
Other Current Liab	426.0M	132.0M	201.4M	81.6M	175.2M	255.6M
Total Current Liabilities	2.1B	2.6B	2.7B	2.6B	2.8B	2.9B
Other Liab	140.4M	183.6M	197.5M	167.7M	192.9M	293.4M
Accounts Payable	1.0B	1.3B	1.3B	1.2B	1.3B	644.5M
Cash	69.3M	1.7B	2.6B	1.9B	1.8B	1.9B
Long Term Debt	224.1M	418.5M	1.9B	1.5B	1.5B	1.6B
Other Current Assets	79.5M	88.5M	95.6M	128.4M	121.0M	84.1M
Common Stock	836K	849K	756K	821K	804K	924.3K
Property Plant Equipment	1.4B	3.5B	3.4B	3.5B	4.0B	4.2B
Short Long Term Debt Total	3.1B	3.2B	4.5B	4.2B	4.3B	4.5B
Property Plant And Equipment Net	3.7B	3.5B	3.4B	3.5B	3.9B	4.1B
Current Deferred Revenue	226.0M	260.3M	317.4M	230.6M	248.2M	162.7M
Net Debt	3.0B	1.5B	1.9B	2.3B	2.5B	2.6B
Retained Earnings	2.6B	3.1B	4.0B	4.9B	5.6B	5.9B
Cash And Short Term Investments	69.3M	1.7B	2.6B	1.9B	1.8B	1.9B
Net Receivables	58.9M	59.5M	70.2M	79.5M	119.0M	60.9M
Short Term Debt	423.0M	945.3M	960.6M	1.1B	985.7M	1.0B
Common Stock Total Equity	1.0M	938K	836K	849K	976.4K	1.0M
Property Plant And Equipment Gross	3.7B	3.5B	3.4B	3.5B	7.0B	7.3B
Intangible Assets	94.8M	90.1M	86.8M	60.4M	56.7M	78.6M
Net Tangible Assets	1.4B	2.0B	1.8B	2.2B	2.6B	1.7B
Long Term Debt Total	224.1M	418.5M	1.9B	1.5B	1.8B	1.9B
Capital Surpluse	1.3B	1.4B	1.5B	1.4B	1.6B	1.2B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Dicks Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC