Callaway Free Cash Flow vs Free Cash Flow Per Share 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 Free Cash Flow and its Free Cash Flow Per Share 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.
Free Cash Flow vs Free Cash Flow Per Share
Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Callaway Golf Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Callaway Golf's Free Cash Flow and Free Cash Flow Per Share is 0.96. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share 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 Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Callaway Golf are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Callaway Golf's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.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 |
Callaway Golf fundamental ratios Correlations
Click cells to compare fundamentals
Callaway Golf Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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: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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.