Buckle Long Term Investments vs Accumulated Depreciation Analysis
BKE Stock | USD 52.09 0.85 1.66% |
Buckle financial indicator trend analysis is way more than just evaluating Buckle Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Buckle Inc is a good investment. Please check the relationship between Buckle Long Term Investments and its Accumulated Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Long Term Investments vs Accumulated Depreciation
Long Term Investments vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Buckle Inc Long Term Investments account and Accumulated Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Buckle's Long Term Investments and Accumulated Depreciation is 0.92. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Buckle Inc, assuming nothing else is changed. The correlation between historical values of Buckle's Long Term Investments and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Buckle Inc are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Investments i.e., Buckle's Long Term Investments and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Buckle balance sheet that represents investments Buckle Inc intends to hold for over a year. Buckle Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Buckle Inc fixed asset that has been charged to Buckle expense since that asset was acquired and made available for Buckle use. The accumulated depreciation account is Buckle Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Buckle Inc.Most indicators from Buckle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buckle Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At present, Buckle's Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 653.0M | 676.0M | 619.1M | 317.5M | Total Revenue | 1.3B | 1.3B | 1.3B | 742.2M |
Buckle fundamental ratios Correlations
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Buckle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Buckle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 867.9M | 845.8M | 780.9M | 837.6M | 889.8M | 454.3M | |
Other Current Liab | 43.5M | (11.3M) | 10.5M | 2.8M | 296K | 281.2K | |
Total Current Liabilities | 172.6M | 206.4M | 248.5M | 226.0M | 221.5M | 232.5M | |
Total Stockholder Equity | 389.1M | 396.6M | 312.9M | 376.3M | 413.2M | 296.1M | |
Property Plant And Equipment Net | 463.9M | 379.8M | 359.4M | 383.8M | 409.7M | 430.1M | |
Net Debt | 156.6M | (12.5M) | 34.4M | 51.7M | 47.2M | 49.6M | |
Retained Earnings | 236.4M | 238.1M | 145.1M | 196.8M | 220.0M | 210.7M | |
Accounts Payable | 26.5M | 43.4M | 60.0M | 44.8M | 46.0M | 25.2M | |
Cash | 221.0M | 318.8M | 254.0M | 252.1M | 268.2M | 281.6M | |
Non Current Assets Total | 489.1M | 408.6M | 389.7M | 414.2M | 445.6M | 467.8M | |
Non Currrent Assets Other | 9.3M | 10.5M | 10.9M | 9.8M | 10.9M | 13.3M | |
Cash And Short Term Investments | 233.5M | 322.1M | 266.9M | 273.1M | 290.4M | 164.3M | |
Net Receivables | 3.1M | 2.8M | 12.1M | 12.6M | 8.7M | 5.2M | |
Common Stock Shares Outstanding | 48.8M | 49.0M | 49.4M | 49.6M | 50.0M | 52.6M | |
Liabilities And Stockholders Equity | 867.9M | 845.8M | 780.9M | 837.6M | 889.8M | 454.3M | |
Non Current Liabilities Total | 306.1M | 242.8M | 219.4M | 235.2M | 255.1M | 267.9M | |
Inventory | 121.3M | 101.1M | 102.1M | 125.1M | 126.3M | 86.3M | |
Other Current Assets | 20.9M | 22.4M | 10.1M | 12.5M | 18.8M | 14.2M | |
Other Stockholder Equity | 152.3M | 158.1M | 167.3M | 179.0M | 192.7M | 104.7M | |
Total Liab | 478.7M | 449.2M | 468.0M | 461.3M | 476.6M | 500.4M | |
Property Plant And Equipment Gross | 463.9M | 379.8M | 712.1M | 737.7M | 769.9M | 808.3M | |
Total Current Assets | 378.8M | 437.2M | 391.2M | 423.3M | 444.3M | 269.6M | |
Common Stock Total Equity | 488K | 490K | 492K | 494K | 568.1K | 403.3K | |
Short Term Investments | 12.5M | 3.4M | 12.9M | 21.0M | 22.2M | 29.6M | |
Other Liab | 15.9M | 18.3M | 19.4M | 20.6M | 23.7M | 34.2M | |
Other Assets | 25.1M | 28.8M | 30.3M | 8.4M | 9.6M | 10.3M | |
Common Stock | 492K | 494K | 497K | 501K | 504K | 431.2K | |
Property Plant Equipment | 113.8M | 379.8M | 359.4M | 383.8M | 441.4M | 463.5M | |
Net Tangible Assets | 389.1M | 396.6M | 312.9M | 376.3M | 432.8M | 415.2M | |
Capital Surpluse | 152.3M | 158.1M | 167.3M | 179.0M | 205.8M | 153.0M | |
Long Term Investments | 15.9M | 18.3M | 19.4M | 20.6M | 25.0M | 22.8M | |
Current Deferred Revenue | 15.3M | 66.9M | 16.5M | 16.8M | (37.8M) | (35.9M) | |
Short Term Debt | 87.3M | 163.5M | 176.5M | 178.4M | 170.5M | 91.8M | |
Cash And Equivalents | 221.0M | 318.8M | 254.0M | 252.1M | 289.9M | 247.6M | |
Net Invested Capital | 389.1M | 396.6M | 312.9M | 376.3M | 413.2M | 305.5M | |
Net Working Capital | 206.2M | 230.9M | 142.7M | 197.3M | 222.8M | 176.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Buckle Inc is a strong investment it is important to analyze Buckle'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 Buckle's future performance. For an informed investment choice regarding Buckle Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Specialty Retail 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 Buckle. If investors know Buckle 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 Buckle 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 (0.15) | Earnings Share 3.94 | Revenue Per Share 24.737 | Quarterly Revenue Growth (0.03) | Return On Assets 0.1743 |
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle'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 Buckle's market value can be influenced by many factors that don't directly affect Buckle'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 Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle'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.