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Skechers USA (Skechers USA) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Skechers USA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skechers USA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,019 Mil. Skechers USA's Total Assets for the quarter that ended in Dec. 2023 was $7,547 Mil. Therefore, Skechers USA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

The historical rank and industry rank for Skechers USA's Equity-to-Asset or its related term are showing as below:

SKX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.58   Max: 0.67
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Skechers USA was 0.67. The lowest was 0.43. And the median was 0.58.

SKX's Equity-to-Asset is ranked better than
52.39% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs SKX: 0.53

Skechers USA Equity-to-Asset Historical Data

The historical data trend for Skechers USA's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skechers USA Equity-to-Asset Chart

Skechers USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.43 0.50 0.52 0.53

Skechers USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.53 0.54 0.55 0.53

Competitive Comparison of Skechers USA's Equity-to-Asset

For the Footwear & Accessories subindustry, Skechers USA's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skechers USA's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skechers USA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Skechers USA's Equity-to-Asset falls into.



Skechers USA Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Skechers USA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4019.342/7547.351
=0.53

Skechers USA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4019.342/7547.351
=0.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skechers USA  (NYSE:SKX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Skechers USA Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Skechers USA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Skechers USA (Skechers USA) Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Executives
Robert Greenberg director, 10 percent owner, officer: Chief Executive Officer SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Michael Greenberg director, officer: President SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Phillip Paccione officer: General Counsel & Secretary
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Richard Siskind director C/O R SISKIND & CO, 1385 BROADWAY, NEW YORK NY 10018
Mark A Nason officer: Executive VP
David Weinberg director, officer: Chief Operating Officer
Yolanda Macias director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Zulema Garcia director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Jeffrey Greenberg director
Thomas Walsh director 12548 W. FETLOCK TRAIL, PEORIA AZ 85383
Richard Rappaport director 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
John M Vandemore officer: Chief Financial Officer 6355 S. BUFFALO DRIVE, LAS VEGAS NV 89521
Morton D Erlich director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Geyer Kosinski director