Callaway Cash Ratio vs Ev To Free Cash Flow Analysis

MODG Stock

USD 8.42 0.12 1.45%

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

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Cash Ratio vs Ev To Free Cash Flow

Cash Ratio vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Callaway Golf Cash Ratio account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Callaway Golf's Cash Ratio and Ev To Free Cash Flow is -0.16. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Callaway Golf, assuming nothing else is changed. The correlation between historical values of Callaway Golf's Cash Ratio and Ev To 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 Ratio of Callaway Golf are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Cash Ratio i.e., Callaway Golf's Cash Ratio and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Ratio

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

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

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.At this time, Callaway Golf's Enterprise Value Multiple is most likely to decrease significantly in the upcoming years. The Callaway Golf's current Enterprise Value is estimated to increase to about 6.8 B, while Tax Provision is forecasted to increase to (53.7 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.4B	2.6B	2.8B
Total Revenue	3.1B	4.0B	4.3B	4.5B

Gross Profit Total Revenue

Callaway Golf fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Non Currrent Assets Other	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.97	0.97	1.0	0.99	0.98	0.94	0.82	1.0	0.82	0.82	0.28	0.99	0.94	0.99	0.99	1.0	0.99	0.96	0.75	0.98	-0.01	0.69	0.99	0.99
Short Long Term Debt Total	0.98		0.95	0.92	0.97	0.99	1.0	0.93	0.86	0.98	0.86	0.81	0.27	0.99	0.9	0.98	0.96	0.99	0.99	0.95	0.68	0.96	-0.07	0.56	0.98	0.98
Other Current Liab	0.97	0.95		0.94	0.97	0.97	0.95	0.87	0.82	0.97	0.82	0.82	0.27	0.97	0.9	0.95	0.97	0.97	0.96	0.93	0.71	0.95	-0.11	0.73	0.95	0.95
Total Current Liabilities	0.97	0.92	0.94		0.96	0.94	0.93	0.95	0.77	0.96	0.77	0.85	0.2	0.95	0.98	0.98	0.95	0.96	0.93	0.97	0.88	0.98	0.17	0.75	0.94	0.94
Total Stockholder Equity	1.0	0.97	0.97	0.96		0.99	0.97	0.94	0.8	1.0	0.8	0.8	0.27	0.98	0.92	0.98	1.0	0.99	0.98	0.94	0.74	0.98	0.01	0.71	0.98	0.98
Property Plant And Equipment Net	0.99	0.99	0.97	0.94	0.99		0.99	0.92	0.8	1.0	0.8	0.81	0.31	1.0	0.91	0.98	0.99	0.99	1.0	0.94	0.71	0.96	-0.07	0.65	0.99	0.99
Net Debt	0.98	1.0	0.95	0.93	0.97	0.99		0.93	0.83	0.98	0.84	0.81	0.29	0.99	0.91	0.98	0.96	0.99	0.99	0.95	0.69	0.96	-0.06	0.57	0.98	0.98
Retained Earnings	0.94	0.93	0.87	0.95	0.94	0.92	0.93		0.82	0.93	0.82	0.85	0.15	0.93	0.95	0.96	0.91	0.94	0.92	0.97	0.8	0.95	0.19	0.57	0.94	0.94
Cash	0.82	0.86	0.82	0.77	0.8	0.8	0.83	0.82		0.81	1.0	0.7	0.1	0.84	0.72	0.81	0.78	0.83	0.81	0.87	0.48	0.84	-0.16	0.36	0.82	0.82
Non Current Assets Total	1.0	0.98	0.97	0.96	1.0	1.0	0.98	0.93	0.81		0.81	0.8	0.31	0.99	0.92	0.98	0.99	0.99	0.99	0.95	0.74	0.98	-0.03	0.7	0.99	0.99
Cash And Short Term Investments	0.82	0.86	0.82	0.77	0.8	0.8	0.84	0.82	1.0	0.81		0.7	0.1	0.84	0.72	0.81	0.78	0.83	0.81	0.87	0.48	0.84	-0.16	0.36	0.82	0.82
Net Receivables	0.82	0.81	0.82	0.85	0.8	0.81	0.81	0.85	0.7	0.8	0.7		-0.12	0.82	0.91	0.84	0.77	0.83	0.81	0.91	0.76	0.8	0.16	0.5	0.79	0.79
Common Stock Shares Outstanding	0.28	0.27	0.27	0.2	0.27	0.31	0.29	0.15	0.1	0.31	0.1	-0.12		0.3	0.11	0.23	0.3	0.28	0.3	0.1	0.2	0.25	-0.47	0.31	0.3	0.3
Non Current Liabilities Total	0.99	0.99	0.97	0.95	0.98	1.0	0.99	0.93	0.84	0.99	0.84	0.82	0.3		0.92	0.98	0.98	1.0	0.99	0.96	0.73	0.97	-0.07	0.65	0.98	0.98
Inventory	0.94	0.9	0.9	0.98	0.92	0.91	0.91	0.95	0.72	0.92	0.72	0.91	0.11	0.92		0.96	0.9	0.94	0.91	0.97	0.89	0.94	0.21	0.68	0.9	0.9
Other Current Assets	0.99	0.98	0.95	0.98	0.98	0.98	0.98	0.96	0.81	0.98	0.81	0.84	0.23	0.98	0.96		0.96	0.99	0.97	0.97	0.79	0.98	0.09	0.65	0.97	0.97
Other Stockholder Equity	0.99	0.96	0.97	0.95	1.0	0.99	0.96	0.91	0.78	0.99	0.78	0.77	0.3	0.98	0.9	0.96		0.98	0.98	0.92	0.71	0.97	-0.03	0.74	0.98	0.98
Total Liab	1.0	0.99	0.97	0.96	0.99	0.99	0.99	0.94	0.83	0.99	0.83	0.83	0.28	1.0	0.94	0.99	0.98		0.99	0.97	0.76	0.98	-0.03	0.67	0.98	0.98
Property Plant And Equipment Gross	0.99	0.99	0.96	0.93	0.98	1.0	0.99	0.92	0.81	0.99	0.81	0.81	0.3	0.99	0.91	0.97	0.98	0.99		0.94	0.69	0.95	-0.08	0.61	0.99	0.99
Total Current Assets	0.96	0.95	0.93	0.97	0.94	0.94	0.95	0.97	0.87	0.95	0.87	0.91	0.1	0.96	0.97	0.97	0.92	0.97	0.94		0.79	0.96	0.1	0.6	0.94	0.94
Short Term Debt	0.75	0.68	0.71	0.88	0.74	0.71	0.69	0.8	0.48	0.74	0.48	0.76	0.2	0.73	0.89	0.79	0.71	0.76	0.69	0.79		0.8	0.35	0.73	0.7	0.7
Intangible Assets	0.98	0.96	0.95	0.98	0.98	0.96	0.96	0.95	0.84	0.98	0.84	0.8	0.25	0.97	0.94	0.98	0.97	0.98	0.95	0.96	0.8		0.09	0.7	0.96	0.96
Accounts Payable	-0.01	-0.07	-0.11	0.17	0.01	-0.07	-0.06	0.19	-0.16	-0.03	-0.16	0.16	-0.47	-0.07	0.21	0.09	-0.03	-0.03	-0.08	0.1	0.35	0.09		0.1	-0.04	-0.04
Non Currrent Assets Other	0.69	0.56	0.73	0.75	0.71	0.65	0.57	0.57	0.36	0.7	0.36	0.5	0.31	0.65	0.68	0.65	0.74	0.67	0.61	0.6	0.73	0.7	0.1		0.61	0.61
Common Stock Total Equity	0.99	0.98	0.95	0.94	0.98	0.99	0.98	0.94	0.82	0.99	0.82	0.79	0.3	0.98	0.9	0.97	0.98	0.98	0.99	0.94	0.7	0.96	-0.04	0.61		1.0
Common Stock	0.99	0.98	0.95	0.94	0.98	0.99	0.98	0.94	0.82	0.99	0.82	0.79	0.3	0.98	0.9	0.97	0.98	0.98	0.99	0.94	0.7	0.96	-0.04	0.61	1.0

Click cells to compare fundamentals

Callaway Golf Account Relationship Matchups

Callaway Golf fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.0B	7.7B	8.6B	9.1B	9.6B
Short Long Term Debt Total	759.3M	894.9M	3.0B	2.9B	4.4B	4.6B
Other Current Liab	65.6M	247.6M	620.0M	703.5M	658.7M	691.6M
Total Current Liabilities	523.2M	391.3M	866.0M	1.2B	947.6M	995.0M
Total Stockholder Equity	767.4M	675.6M	3.7B	3.8B	3.9B	4.1B
Property Plant And Equipment Net	292.9M	341.3M	2.8B	3.2B	3.8B	4.0B
Net Debt	652.6M	528.7M	2.6B	2.7B	4.0B	4.2B
Retained Earnings	489.4M	360.2M	682.2M	852.5M	947.5M	994.9M
Cash	106.7M	366.1M	352.2M	180.2M	393.5M	413.2M
Non Current Assets Total	1.2B	1.1B	6.6B	7.1B	7.5B	7.9B
Cash And Short Term Investments	106.7M	366.1M	352.2M	180.2M	398.7M	418.6M
Net Receivables	140.5M	138.5M	118.2M	242.1M	227.4M	238.8M
Common Stock Shares Outstanding	96.3M	94.2M	176.9M	201.3M	201.1M	101.2M
Liabilities And Stockholders Equity	2.0B	2.0B	7.7B	8.6B	9.1B	9.6B
Non Current Liabilities Total	669.9M	913.7M	3.2B	3.6B	4.3B	4.5B
Inventory	456.6M	352.5M	533.5M	959.2M	794.4M	834.1M
Other Current Assets	85.6M	55.5M	160.7M	190.3M	207.6M	218.0M
Other Stockholder Equity	299.4M	321.0M	3.0B	3.0B	3.0B	3.1B
Total Liab	1.2B	1.3B	4.1B	4.8B	5.2B	5.5B
Property Plant And Equipment Gross	292.9M	341.3M	2.8B	3.2B	4.2B	4.4B
Total Current Assets	789.4M	912.6M	1.2B	1.5B	1.6B	1.7B
Accumulated Other Comprehensive Income	(22.4M)	(6.5M)	(27.3M)	(61.5M)	(47.5M)	(45.1M)
Short Term Debt	178.3M	71.5M	107.3M	313.6M	141.1M	148.2M
Intangible Assets	697.2M	541.0M	1.5B	1.5B	1.5B	1.6B
Accounts Payable	276.3M	66.3M	138.7M	159.1M	130.7M	92.9M
Non Currrent Assets Other	17.1M	14.5M	257.4M	355.4M	93.4M	46.7M
Other Liab	81.4M	85.1M	327.6M	142.2M	163.5M	171.7M
Other Assets	89.8M	380.5M	257.4M	97.6M	112.2M	76.7M
Treasury Stock	(24.2M)	(25.9M)	(25.4M)	(31.3M)	(36.0M)	(37.8M)
Property Plant Equipment	132.8M	146.5M	2.8B	1.8B	2.1B	2.2B
Current Deferred Revenue	3.0M	2.5M	93.9M	94.9M	17.1M	9.9M
Long Term Debt	443.3M	650.6M	1.5B	1.2B	2.5B	2.6B
Good Will	203.7M	56.7M	2.0B	2.0B	2.0B	2.1B
Net Tangible Assets	207.9M	312.6M	194.2M	2.4B	2.7B	2.9B
Retained Earnings Total Equity	489.4M	360.2M	682.2M	852.5M	980.4M	1.0B

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When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:

How To Invest In Callaway

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Is Callaway Stock a good investment?

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What is Callaway Golf's Net Worth?

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Largest Leisure Products Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Callaway Golf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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

(0.46)

Earnings Share

(0.07)

Revenue Per Share

22.907

Quarterly Revenue Growth

(0.03)

Return On Assets

0.013

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

Cash Ratio vs Ev To Free Cash Flow

Cash Ratio vs Ev To Free Cash Flow Correlation Analysis

Correlation Coefficient

Cash Ratio

Ev To Free Cash Flow

Callaway Golf fundamental ratios Correlations

Callaway Golf Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Callaway Golf fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity

Accounts Payable	- 0.47	Common Stock Shares Outstanding
Accounts Payable	- 0.16	Cash And Short Term Investments
Accounts Payable	- 0.16	Cash
Common Stock Shares Outstanding	- 0.12	Net Receivables
Accounts Payable	- 0.11	Other Current Liab
Accounts Payable	- 0.08	Property Plant And Equipment Gross