Dicks Historical Cash Flow
DKS Stock | USD 202.74 3.55 1.78% |
Analysis of Dicks Sporting cash flow over time is an excellent tool to project Dicks Sporting Goods future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 52.8 M or Capital Expenditures of 616.8 M as it is a great indicator of Dicks Sporting ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Dicks Sporting Goods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dicks Sporting Goods is a good buy for the upcoming year.
Dicks |
About Dicks Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Dicks balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Dicks's non-liquid assets can be easily converted into cash.
Dicks Sporting Cash Flow Chart
Dicks Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Dicks Sporting Goods Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Dicks Sporting's Change To Inventory is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 144.6 M in 2024, despite the fact that Total Cash From Financing Activities is likely to grow to (984 M). Add Fundamental
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dicks Sporting Goods financial statement analysis. It represents the amount of money remaining after all of Dicks Sporting Goods operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Dicks Sporting's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Dicks Sporting Goods current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. At this time, Dicks Sporting's Change To Inventory is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 144.6 M in 2024, despite the fact that Total Cash From Financing Activities is likely to grow to (984 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation | 322.6M | 365.5M | 355.3M | 373.1M | Free Cash Flow | 1.3B | 557.8M | 939.9M | 986.9M |
Dicks Sporting cash flow statement Correlations
Click cells to compare fundamentals
Dicks Sporting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dicks Sporting cash flow statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (44.3M) | 1.6B | 985.1M | (718.8M) | (123.2M) | (117.0M) | |
Free Cash Flow | 187.2M | 1.3B | 1.3B | 557.8M | 939.9M | 986.9M | |
Depreciation | 270.4M | 326.0M | 322.6M | 365.5M | 355.3M | 373.1M | |
Other Non Cash Items | (5.5M) | (14.5M) | 30.8M | 19.6M | 50.3M | 52.8M | |
Capital Expenditures | 217.5M | 224.0M | 308.3M | 364.1M | 587.4M | 616.8M | |
Total Cash From Operating Activities | 404.6M | 1.6B | 1.6B | 921.9M | 1.5B | 1.6B | |
Net Income | 297.5M | 530.3M | 1.5B | 1.0B | 1.0B | 1.1B | |
End Period Cash Flow | 69.3M | 1.7B | 2.6B | 1.9B | 1.8B | 1.9B | |
Begin Period Cash Flow | 113.7M | 69.3M | 1.7B | 2.6B | 1.9B | 2.0B | |
Total Cash From Financing Activities | (319.7M) | 260.1M | (287.7M) | (1.2B) | (1.0B) | (984.0M) | |
Change To Inventory | (377.6M) | 248.7M | (344.0M) | (533.3M) | 18.8M | 19.8M | |
Change In Working Capital | (200.1M) | 707.0M | (325.6M) | (580.0M) | 14.6M | 14.0M | |
Other Cashflows From Financing Activities | (9.5M) | 1.9B | 1.5B | (133.2M) | (3.5M) | (3.3M) | |
Sale Purchase Of Stock | (402.2M) | (76.8M) | (1.1B) | (458.5M) | (648.6M) | (616.1M) | |
Change To Account Receivables | 400K | 2.3M | 2.0M | (13.6M) | (4.2M) | (4.0M) | |
Change To Netincome | 36.9M | (27.9M) | 69.3M | 119.8M | 137.8M | 144.6M | |
Change To Liabilities | 122.7M | 257.1M | 58.4M | 36.7M | 42.2M | 40.1M | |
Stock Based Compensation | 43.5M | 50.2M | 52.8M | 50.6M | 57.3M | 38.5M | |
Dividends Paid | 98.3M | 107.4M | 603.0M | 163.1M | 351.2M | 368.8M | |
Net Borrowings | 184.8M | 407.3M | 1.5B | (605.8M) | (696.7M) | (661.9M) | |
Total Cashflows From Investing Activities | (129.3M) | (224.2M) | (344.0M) | (392.9M) | (353.6M) | (371.3M) | |
Other Cashflows From Investing Activities | 89.5M | (137K) | (35.7M) | (28.8M) | (25.9M) | (24.6M) | |
Investments | (129.3M) | (224.2M) | (344.0M) | (392.9M) | (614.7M) | (583.9M) | |
Change To Operating Activities | 82.2M | 169.0M | (18.9M) | (82.1M) | (73.8M) | (70.2M) |
Pair Trading with Dicks Sporting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dicks Sporting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.Moving together with Dicks Stock
0.9 | DIBS | 1StdibsCom Earnings Call This Week | PairCorr |
0.87 | AN | AutoNation | PairCorr |
0.77 | JD | JD Inc Adr Aggressive Push | PairCorr |
Moving against Dicks Stock
0.81 | LL | LL Flooring Holdings Earnings Call This Week | PairCorr |
0.71 | WOOF | Pet Acquisition LLC Financial Report 22nd of May 2024 | PairCorr |
0.6 | WINA | Winmark | PairCorr |
0.56 | EXPE | Expedia Group | PairCorr |
The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dicks Sporting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dicks Sporting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Dicks Stock analysis
When running Dicks Sporting's price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Commodity Directory Find actively traded commodities issued by global exchanges |
Is Dicks Sporting's industry 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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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 0.37 | Dividend Share 4 | Earnings Share 12.17 | Revenue Per Share 157.765 | Quarterly Revenue Growth 0.078 |
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting'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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting'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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dicks Sporting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.