Steven Depreciation And Amortization vs Reconciled Depreciation Analysis

SHOO Stock  USD 42.83  0.09  0.21%   
Steven Madden financial indicator trend analysis is much more than just breaking down Steven Madden prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steven Madden is a good investment. Please check the relationship between Steven Madden Depreciation And Amortization and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steven Madden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Steven Stock, please use our How to Invest in Steven Madden guide.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steven Madden Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Steven Madden's Depreciation And Amortization and Reconciled Depreciation is 0.18. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Steven Madden, assuming nothing else is changed. The correlation between historical values of Steven Madden's Depreciation And Amortization and Reconciled 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 Depreciation And Amortization of Steven Madden are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Steven Madden's Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

Most indicators from Steven Madden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steven Madden 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Steven Madden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Steven Stock, please use our How to Invest in Steven Madden guide.At this time, Steven Madden's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 20th of December 2024, Enterprise Value is likely to grow to about 2.3 B, while Selling General Administrative is likely to drop about 232 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M676K7.4M6.7M
Depreciation And Amortization15.2M20.6M15.5M11.0M

Steven Madden fundamental ratios Correlations

0.460.790.910.770.83-0.310.930.80.710.890.120.620.950.560.820.870.72-0.80.930.610.970.850.520.050.2
0.460.250.150.630.16-0.550.20.260.270.58-0.220.460.290.930.160.070.40.090.160.170.350.250.870.75-0.05
0.790.250.840.620.66-0.150.730.510.570.67-0.210.460.810.30.590.790.38-0.680.810.340.790.520.39-0.01-0.03
0.910.150.840.540.8-0.050.910.850.580.720.140.420.970.310.770.970.62-0.890.980.610.930.870.19-0.210.12
0.770.630.620.540.49-0.610.640.430.80.73-0.010.780.640.610.50.510.51-0.420.560.160.720.470.850.320.2
0.830.160.660.80.490.10.830.580.630.81-0.080.430.770.20.970.720.49-0.820.890.790.760.730.26-0.280.27
-0.31-0.55-0.15-0.05-0.610.1-0.19-0.12-0.58-0.13-0.02-0.77-0.19-0.570.09-0.07-0.43-0.07-0.010.29-0.39-0.07-0.57-0.35-0.04
0.930.20.730.910.640.83-0.190.780.660.80.220.490.920.290.790.920.71-0.940.920.630.920.840.29-0.160.23
0.80.260.510.850.430.58-0.120.780.370.620.440.30.860.470.60.870.71-0.710.820.590.820.890.16-0.040.0
0.710.270.570.580.80.63-0.580.660.370.51-0.110.930.620.320.620.530.51-0.530.620.210.760.50.48-0.20.36
0.890.580.670.720.730.81-0.130.80.620.510.040.40.770.580.810.670.52-0.650.780.630.750.70.650.260.18
0.12-0.22-0.210.14-0.01-0.08-0.020.220.44-0.110.04-0.180.21-0.060.040.270.16-0.240.120.070.150.31-0.19-0.040.15
0.620.460.460.420.780.43-0.770.490.30.930.4-0.180.510.50.440.350.55-0.290.450.090.690.390.580.00.27
0.950.290.810.970.640.77-0.190.920.860.620.770.210.510.430.750.930.71-0.860.950.610.970.90.32-0.090.22
0.560.930.30.310.610.2-0.570.290.470.320.58-0.060.50.430.230.240.490.00.30.150.490.420.740.66-0.02
0.820.160.590.770.50.970.090.790.60.620.810.040.440.750.230.690.47-0.760.880.750.740.730.28-0.230.29
0.870.070.790.970.510.72-0.070.920.870.530.670.270.350.930.240.690.62-0.910.940.540.90.820.13-0.210.01
0.720.40.380.620.510.49-0.430.710.710.510.520.160.550.710.490.470.62-0.590.610.530.770.760.30.040.17
-0.80.09-0.68-0.89-0.42-0.82-0.07-0.94-0.71-0.53-0.65-0.24-0.29-0.860.0-0.76-0.91-0.59-0.89-0.69-0.81-0.8-0.020.4-0.24
0.930.160.810.980.560.89-0.010.920.820.620.780.120.450.950.30.880.940.61-0.890.680.920.870.23-0.230.17
0.610.170.340.610.160.790.290.630.590.210.630.070.090.610.150.750.540.53-0.690.680.540.720.07-0.210.17
0.970.350.790.930.720.76-0.390.920.820.760.750.150.690.970.490.740.90.77-0.810.920.540.860.4-0.080.19
0.850.250.520.870.470.73-0.070.840.890.50.70.310.390.90.420.730.820.76-0.80.870.720.860.17-0.170.39
0.520.870.390.190.850.26-0.570.290.160.480.65-0.190.580.320.740.280.130.3-0.020.230.070.40.170.69-0.01
0.050.75-0.01-0.210.32-0.28-0.35-0.16-0.04-0.20.26-0.040.0-0.090.66-0.23-0.210.040.4-0.23-0.21-0.08-0.170.69-0.3
0.2-0.05-0.030.120.20.27-0.040.230.00.360.180.150.270.22-0.020.290.010.17-0.240.170.170.190.39-0.01-0.3
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Steven Madden Account Relationship Matchups

Steven Madden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.1B1.4B1.3B1.3B1.4B
Other Current Liab180.9M87.7M232.4M122.0M129.8M136.3M
Total Current Liabilities281.3M235.9M435.2M320.9M377.6M396.5M
Total Stockholder Equity828.5M776.6M812.1M831.6M829.6M418.8M
Property Plant And Equipment Net221.2M144.6M121.2M130.9M170.0M178.5M
Net Debt(92.3M)(115.0M)(108.7M)(166.1M)(65.8M)(69.1M)
Retained Earnings1.3B1.3B1.4B1.8B1.7B1.8B
Accounts Payable61.7M73.9M136.8M130.5M161.1M169.2M
Cash264.1M247.9M219.5M274.7M204.6M104.5M
Non Current Assets Total559.8M439.5M410.9M414.4M493.1M517.8M
Non Currrent Assets Other(66.1M)4.8M4.2M12.1M16.3M17.1M
Cash And Short Term Investments304.6M287.2M263.5M289.8M219.8M143.1M
Net Receivables254.6M277.7M391.5M286.2M361.0M379.0M
Common Stock Shares Outstanding83.6M78.6M81.6M78.1M74.6M94.1M
Liabilities And Stockholders Equity1.3B1.1B1.4B1.3B1.3B1.4B
Non Current Liabilities Total156.2M111.5M99.8M93.2M122.3M128.4M
Inventory136.9M101.4M255.2M228.8M229.0M240.4M
Other Current Assets22.1M31.9M27.6M38.8M45.1M47.3M
Other Stockholder Equity(451.5M)(473.8M)(579.4M)(703.9M)(820.9M)(779.8M)
Total Liab437.4M347.4M535.0M414.1M499.9M524.9M
Property Plant And Equipment Gross221.2M144.6M35.8M40.7M327.5M343.9M
Total Current Assets718.9M698.2M944.7M843.6M854.8M897.6M
Accumulated Other Comprehensive Income(30.4M)(29.2M)(29.5M)(35.7M)(29.0M)(27.6M)
Intangible Assets162.7M115.2M112.1M101.2M126.3M70.9M
Other Liab23.0M12.9M19.7M14.1M16.2M20.7M
Other Assets4.5M112.8M9.6M14.2M16.4M14.2M
Good Will171.3M168.3M168.0M168.1M180.0M90.0M
Treasury Stock(905.7M)(952.3M)(1.1B)(1.2B)(1.1B)(1.0B)
Property Plant Equipment65.5M144.6M121.2M40.7M46.8M52.1M
Short Term Investments40.5M39.3M44.0M15.1M15.2M14.4M
Net Tangible Assets494.4M493.1M532.0M831.6M956.3M526.9M
Noncontrolling Interest In Consolidated Entity12.7M13.8M8.4M12.3M14.2M14.9M
Retained Earnings Total Equity1.3B1.3B1.4B1.6B1.8B1.0B
Capital Surpluse454.2M478.5M496.0M520.4M598.5M400.6M

Pair Trading with Steven Madden

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 Steven Madden 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 Steven Madden will appreciate offsetting losses from the drop in the long position's value.

Moving together with Steven Stock

  0.84DOOO BRP IncPairCorr

Moving against Steven Stock

  0.74DOGZ Dogness InternationalPairCorr
  0.64WWW Wolverine World WidePairCorr
  0.59KTB Kontoor BrandsPairCorr
  0.58RL Ralph Lauren CorpPairCorr
  0.46PVH PVH CorpPairCorr
The ability to find closely correlated positions to Steven Madden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steven Madden 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 Steven Madden - 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 Steven Madden to buy it.
The correlation of Steven Madden 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 Steven Madden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steven Madden 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 Steven Madden 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.
Pair CorrelationCorrelation Matching
When determining whether Steven Madden offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Steven Madden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Steven Madden Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Steven Madden Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steven Madden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Steven Stock, please use our How to Invest in Steven Madden guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Textiles, Apparel & Luxury Goods 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 Steven Madden. If investors know Steven 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 Steven Madden 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
(0.12)
Dividend Share
0.84
Earnings Share
2.36
Revenue Per Share
30.96
Quarterly Revenue Growth
0.13
The market value of Steven Madden is measured differently than its book value, which is the value of Steven that is recorded on the company's balance sheet. Investors also form their own opinion of Steven Madden's value that differs from its market value or its book value, called intrinsic value, which is Steven Madden'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 Steven Madden's market value can be influenced by many factors that don't directly affect Steven Madden'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 Steven Madden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steven Madden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steven Madden'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.