Academy Historical Financial Ratios

ASO
 Stock
  

USD 36.41  1.42  4.06%   

Academy Sports is presently reporting on over 61 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value per Share of 15.99, Current Ratio of 1.44 or Debt to Equity Ratio of 2.67 will help investors to properly organize and evaluate Academy Sports And financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating Academy Sports And prevailing 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 Academy Sports And is a good buy for the upcoming year.
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About Academy Financial Ratios Analysis

Academy Sports AndFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Academy Sports investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Academy financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Academy Sports history.

Academy Sports Financial Ratios Chart

Academy Sports And financial ratios usually calculated using numerical values taken directly from Academy Sports financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Academy Sports. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.

Asset Turnover

Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.
Most ratios from Academy Sports fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Academy Sports And current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.
 2010 2020 2022 (projected)
Book Value per Share13.6416.1315.99
Asset Turnover1.281.461.4

Academy Sports fundamentals Correlations

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0.99-0.97-0.970.990.990.990.50.50.931.00.99-0.50.5-0.50.991.00.980.990.98
-0.92-0.970.89-0.94-0.94-0.94-0.68-0.68-0.99-0.98-0.940.68-0.680.68-0.93-0.95-0.92-0.94-1.0
-1.0-0.970.89-0.99-0.99-0.99-0.29-0.29-0.81-0.97-0.990.29-0.290.29-1.0-0.99-1.0-0.99-0.9
1.00.99-0.94-0.991.01.00.390.390.870.991.0-0.390.39-0.391.01.01.01.00.94
1.00.99-0.94-0.991.01.00.40.40.880.991.0-0.40.4-0.41.01.01.01.00.95
1.00.99-0.94-0.991.01.00.40.40.880.991.0-0.40.4-0.41.01.01.01.00.95
0.350.5-0.68-0.290.390.40.41.00.790.520.4-1.01.0-1.00.370.420.330.390.68
0.350.5-0.68-0.290.390.40.41.00.790.520.4-1.01.0-1.00.370.420.330.390.68
0.850.93-0.99-0.810.870.880.880.790.790.930.88-0.790.79-0.790.860.890.840.870.99
0.981.0-0.98-0.970.990.990.990.520.520.930.99-0.520.52-0.520.990.990.980.990.98
1.00.99-0.94-0.991.01.01.00.40.40.880.99-0.40.4-0.41.01.01.01.00.95
-0.35-0.50.680.29-0.39-0.4-0.4-1.0-1.0-0.79-0.52-0.4-1.01.0-0.37-0.42-0.33-0.39-0.68
0.350.5-0.68-0.290.390.40.41.01.00.790.520.4-1.0-1.00.370.420.330.390.68
-0.35-0.50.680.29-0.39-0.4-0.4-1.0-1.0-0.79-0.52-0.41.0-1.0-0.37-0.42-0.33-0.39-0.68
1.00.99-0.93-1.01.01.01.00.370.370.860.991.0-0.370.37-0.371.01.01.00.93
1.01.0-0.95-0.991.01.01.00.420.420.890.991.0-0.420.42-0.421.01.01.00.95
1.00.98-0.92-1.01.01.01.00.330.330.840.981.0-0.330.33-0.331.01.01.00.92
1.00.99-0.94-0.991.01.01.00.390.390.870.991.0-0.390.39-0.391.01.01.00.94
0.930.98-1.0-0.90.940.950.950.680.680.990.980.95-0.680.68-0.680.930.950.920.94
Click cells to compare fundamentals

Academy Sports Account Relationship Matchups

Be your own money manager

Our tools can tell you how much better you can do entering a position in Academy Sports without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

View fundamental data based on most recent published financial statements
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Pair Trading with Academy Sports

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 Academy Sports 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 Academy Sports will appreciate offsetting losses from the drop in the long position's value.

Academy Sports Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports 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 Academy Sports - 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 Academy Sports And to buy it.
The correlation of Academy Sports is a statistical measure of how it moves in relation to other equities. 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 Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports And 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 Academy Sports 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
Please continue to Trending Equities. Note that the Academy Sports And information on this page should be used as a complementary analysis to other Academy Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is Academy Sports' 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 Academy Sports. If investors know Academy 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 Academy Sports 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 YOY
-0.082
Market Capitalization
B
Quarterly Revenue Growth YOY
-0.071
Return On Assets
0.12
Return On Equity
0.45
The market value of Academy Sports And is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine Academy Sports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.