Callaway Golf Stock Current Asset
| MODG Stock | USD 10.07 0.07 0.70% |
Fundamental analysis of Callaway Golf allows traders to better anticipate movements in Callaway Golf's stock price by examining its financial health and performance throughout various phases of its business cycle.
The Callaway Golf's current Non Current Assets Total is estimated to increase to about 6.3 B. The Callaway Golf's current Other Current Assets is estimated to increase to about 121.6 M. Callaway | Current Asset | Build AI portfolio with Callaway Stock |
Callaway Golf Company Current Asset Analysis
Callaway Golf's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Callaway Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Callaway Golf is extremely important. It helps to project a fair market value of Callaway Stock properly, considering its historical fundamentals such as Current Asset. Since Callaway Golf's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Callaway Golf's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Callaway Golf's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Callaway Total Assets
Total Assets |
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In accordance with the recently published financial statements, Callaway Golf has a Current Asset of 0.0. This is 100.0% lower than that of the Leisure Products sector and 100.0% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Callaway Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Callaway Golf's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Callaway Golf could also be used in its relative valuation, which is a method of valuing Callaway Golf by comparing valuation metrics of similar companies.Callaway Golf is currently under evaluation in current asset category among its peers.
Callaway Golf ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Callaway Golf's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Callaway Golf's managers, analysts, and investors.Environmental | Governance | Social |
Callaway Fundamentals
| Return On Equity | -0.47 | ||||
| Return On Asset | 0.017 | ||||
| Profit Margin | (0.36) % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 4 B | ||||
| Shares Outstanding | 183.87 M | ||||
| Shares Owned By Insiders | 12.17 % | ||||
| Shares Owned By Institutions | 85.43 % | ||||
| Number Of Shares Shorted | 11.58 M | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 4.24 B | ||||
| Gross Profit | 1.3 B | ||||
| EBITDA | (973.6 M) | ||||
| Net Income | (1.45 B) | ||||
| Cash And Equivalents | 179.4 M | ||||
| Cash Per Share | 0.97 X | ||||
| Total Debt | 4.46 B | ||||
| Debt To Equity | 0.89 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 13.53 X | ||||
| Cash Flow From Operations | 382 M | ||||
| Short Ratio | 5.73 X | ||||
| Earnings Per Share | (8.13) X | ||||
| Price To Earnings To Growth | 0.67 X | ||||
| Target Price | 10.44 | ||||
| Number Of Employees | 30 K | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 1.85 B | ||||
| Total Asset | 7.64 B | ||||
| Retained Earnings | (500.2 M) | ||||
| Working Capital | 774.8 M | ||||
| Net Asset | 7.64 B |
About Callaway Golf Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Callaway Golf's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Callaway Golf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Callaway Golf based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Callaway Golf Piotroski F Score and Callaway Golf Altman Z Score analysis. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 (0.66) | Earnings Share (8.13) | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
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.