Skechers USA Inc
Skechers U.S.A., Inc. designs, develops, and markets footwear, apparel, and accessories worldwide. The company operates in two segments, Wholesale and Direct-to-Consumer. It offers footwear under the Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands; and slip-resistant and safety-toe shoes and boots for protective footwear in their work environments for m… Read more
Skechers USA Inc (SKX) - Total Assets
Latest total assets as of June 2025: $9.28 Billion USD
Based on the latest financial reports, Skechers USA Inc (SKX) holds total assets worth $9.28 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Skechers USA Inc - Total Assets Trend (1998–2024)
This chart illustrates how Skechers USA Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Skechers USA Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Skechers USA Inc's total assets of $9.28 Billion consist of 52.6% current assets and 47.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.12 Billion | 13.2% |
| Accounts Receivable | $1.09 Billion | 12.9% |
| Inventory | $1.92 Billion | 22.7% |
| Property, Plant & Equipment | $3.20 Billion | 37.8% |
| Intangible Assets | $50.00 Million | 0.6% |
| Goodwill | $94.49 Million | 1.1% |
Asset Composition Trend (1998–2024)
This chart illustrates how Skechers USA Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Skechers USA Inc's current assets represent 52.6% of total assets in 2024, a decrease from 87.6% in 1998.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2024, up from 7.5% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.8% of total assets.
Skechers USA Inc Competitors by Total Assets
Key competitors of Skechers USA Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
|
Gumho NT Co Ltd
KQ:130500
|
Korea | ₩196.21 Billion |
Skechers USA Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Skechers USA Inc generates 1.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Skechers USA Inc generates $7.56 in net profit.
Skechers USA Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.09 | 2.06 | 2.69 |
| Quick Ratio | 1.29 | 1.33 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.54 Billion | $ 2.19 Billion | $ 2.13 Billion |
Skechers USA Inc - Advanced Valuation Insights
This section examines the relationship between Skechers USA Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.99 |
| Latest Market Cap to Assets Ratio | 1.12 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | $8.46 Billion |
| Market Capitalization | $9.49 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Skechers USA Inc's assets above their book value (1.12 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Skechers USA Inc's assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Skechers USA Inc (1998–2024)
The table below shows the annual total assets of Skechers USA Inc from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.46 Billion | +12.04% |
| 2023-12-31 | $7.55 Billion | +9.49% |
| 2022-12-31 | $6.89 Billion | +6.20% |
| 2021-12-31 | $6.49 Billion | +11.68% |
| 2020-12-31 | $5.81 Billion | +18.79% |
| 2019-12-31 | $4.89 Billion | +51.57% |
| 2018-12-31 | $3.23 Billion | +18.03% |
| 2017-12-31 | $2.74 Billion | +14.26% |
| 2016-12-31 | $2.39 Billion | +16.91% |
| 2015-12-31 | $2.05 Billion | +22.24% |
| 2014-12-31 | $1.67 Billion | +18.91% |
| 2013-12-31 | $1.41 Billion | +5.10% |
| 2012-12-31 | $1.34 Billion | +4.55% |
| 2011-12-31 | $1.28 Billion | -1.76% |
| 2010-12-31 | $1.30 Billion | +31.06% |
| 2009-12-31 | $995.55 Million | +13.61% |
| 2008-12-31 | $876.32 Million | +5.84% |
| 2007-12-31 | $827.98 Million | +12.34% |
| 2006-12-31 | $737.05 Million | +26.65% |
| 2005-12-31 | $581.96 Million | +12.21% |
| 2004-12-31 | $518.65 Million | +11.17% |
| 2003-12-31 | $466.53 Million | -3.44% |
| 2002-12-31 | $483.16 Million | +18.57% |
| 2001-12-31 | $407.49 Million | +34.31% |
| 2000-12-31 | $303.40 Million | +70.55% |
| 1999-12-31 | $177.90 Million | +21.68% |
| 1998-12-31 | $146.20 Million | -- |