Skechers USA Net Worth

Skechers USA Net Worth Breakdown

  SKX
The net worth of Skechers USA is the difference between its total assets and liabilities. Skechers USA's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Skechers USA's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Skechers USA's net worth can be used as a measure of its financial health and stability which can help investors to decide if Skechers USA is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Skechers USA stock.

Skechers USA Net Worth Analysis

Skechers USA's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Skechers USA's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Skechers USA's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Skechers USA's net worth analysis. One common approach is to calculate Skechers USA's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Skechers USA's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Skechers USA's net worth. This approach calculates the present value of Skechers USA's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Skechers USA's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Skechers USA's net worth. This involves comparing Skechers USA's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Skechers USA's net worth relative to its peers.

Enterprise Value

4.95 Billion

To determine if Skechers USA is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Skechers USA's net worth research are outlined below:
Skechers USA generated a negative expected return over the last 90 days
Skechers USA has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are owned by institutional investors
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Skechers USA uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Skechers USA. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Skechers USA's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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1st of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Skechers USA's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Skechers USA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skechers USA backward and forwards among themselves. Skechers USA's institutional investor refers to the entity that pools money to purchase Skechers USA's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Anomaly Capital Management, Lp2024-09-30
M
Arrowstreet Capital Limited Partnership2024-06-30
1.9 M
Dimensional Fund Advisors, Inc.2024-09-30
1.9 M
Bank Of America Corp2024-06-30
1.8 M
Amvescap Plc.2024-06-30
1.6 M
Theleme Partners Llp2024-06-30
1.6 M
Bank Of New York Mellon Corp2024-06-30
1.5 M
Norges Bank2024-06-30
1.4 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Fmr Inc2024-09-30
19.9 M
Blackrock Inc2024-06-30
12.7 M
Note, although Skechers USA's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Skechers USA's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 9.31 B.

Market Cap

5.57 Billion

Project Skechers USA's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.08 
Return On Capital Employed 0.13  0.20 
Return On Assets 0.07  0.08 
Return On Equity 0.14  0.17 
The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.
When accessing Skechers USA's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Skechers USA's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Skechers USA's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Skechers USA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Skechers USA. Check Skechers USA's Beneish M Score to see the likelihood of Skechers USA's management manipulating its earnings.

Evaluate Skechers USA's management efficiency

Skechers USA has Return on Asset of 0.0684 % which means that on every $100 spent on assets, it made $0.0684 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1576 %, implying that it generated $0.1576 on every 100 dollars invested. Skechers USA's management efficiency ratios could be used to measure how well Skechers USA manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.08 in 2024. Return On Capital Employed is likely to rise to 0.20 in 2024. At this time, Skechers USA's Return On Assets are fairly stable compared to the past year. Asset Turnover is likely to rise to 1.73 in 2024, whereas Net Tangible Assets are likely to drop slightly above 2 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 28.47  29.90 
Tangible Book Value Per Share 27.39  28.76 
Enterprise Value Over EBITDA 10.48  6.98 
Price Book Value Ratio 2.40  2.60 
Enterprise Value Multiple 10.48  6.98 
Price Fair Value 2.40  2.60 
Enterprise Value4.7 B4.9 B
Understanding the management dynamics of Skechers USA allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Enterprise Value Revenue
1.1401
Revenue
8.7 B
Quarterly Revenue Growth
0.159
Revenue Per Share
57.098
Return On Equity
0.1576
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Skechers USA insiders, such as employees or executives, is commonly permitted as long as it does not rely on Skechers USA's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Skechers USA insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Skechers USA Corporate Filings

10Q
1st of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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8K
24th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
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29th of August 2024
Other Reports
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F4
27th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
Skechers USA time-series forecasting models is one of many Skechers USA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Skechers USA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Skechers USA Earnings per Share Projection vs Actual

Skechers USA Corporate Directors

Thomas WalshIndependent DirectorProfile
Richard SiskindLead Independent DirectorProfile
Katherine BlairIndependent DirectorProfile
David WeinbergCFO, COO, Principal Accounting Officer Executive VP and DirectorProfile

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.