Skechers U.S.A., Inc. (SKX)

Skechers U.S.A. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,354	1,190	615.73	796.28	1,371	824.88
Short-Term Investments	113.8	72.6	102.17	98.58	100.77	112.04
Cash & Short-Term Investments	1,468	1,263	717.9	894.86	1,472	936.91
Cash Growth	26.05%	75.86%	-19.78%	-39.19%	57.07%	-3.64%
Accounts Receivable	1,187	860.3	848.29	732.79	619.8	645.3
Other Receivables	98.27	82.25	86.04	80.04	69.22	53.93
Receivables	1,285	942.55	934.32	812.84	689.02	699.24
Inventory	1,707	1,525	1,818	1,471	1,017	1,070
Prepaid Expenses	238.51	178.92	134.79	126.6	145.45	103.01
Other Current Assets	-	43.22	41.25	66.95	21.51	10.57
Total Current Assets	4,699	3,953	3,646	3,372	3,344	2,820
Property, Plant & Equipment	3,137	2,783	2,546	2,353	2,107	1,813
Long-Term Investments	58.6	62.06	18.11	141.29	69.57	66.05
Goodwill	99.77	101.23	93.5	93.5	93.5	71.41
Other Intangible Assets	-	66.2	23.2	30.1	37	-
Long-Term Deferred Tax Assets	443.57	450.57	454.19	451.36	63.88	49.09
Other Long-Term Assets	208.17	131.82	112.29	49.31	97.11	74.22
Total Assets	8,646	7,547	6,893	6,491	5,812	4,893
Accounts Payable	1,190	1,008	957.38	876.34	744.08	764.84
Accrued Expenses	248.81	239.14	233.66	196.48	131.49	141.19
Short-Term Debt	208.1	11.89	19.64	1.2	3.3	5.79
Current Portion of Long-Term Debt	371.44	46.57	103.18	76.97	52.25	66.23
Current Portion of Leases	295.59	274.3	238.69	225.66	204.37	191.13
Other Current Liabilities	82.52	80.97	60.48	68.94	77.22	69.05
Total Current Liabilities	2,397	1,661	1,613	1,446	1,213	1,238
Long-Term Debt	49.35	242.94	216.49	263.45	679.42	49.18
Long-Term Leases	1,169	1,108	1,064	1,095	1,065	966.01
Long-Term Deferred Tax Liabilities	11.18	12.59	8.66	11.82	11.44	0.32
Other Long-Term Liabilities	106.86	122.79	120.05	133.61	118.08	103.09
Total Liabilities	3,734	3,147	3,022	2,949	3,087	2,357
Common Stock	0.15	0.15	0.16	0.16	0.16	0.15
Additional Paid-In Capital	110.35	295.85	403.8	429.61	372.17	306.67
Retained Earnings	4,337	3,797	3,251	2,878	2,136	2,038
Comprehensive Income & Other	-88.37	-73.39	-84.9	-48.32	-27.29	-29.99
Total Common Equity	4,359	4,019	3,570	3,259	2,481	2,315
Minority Interest	553.5	380.7	301.6	282.73	244.23	221.44
Shareholders' Equity	4,913	4,400	3,872	3,542	2,726	2,536
Total Liabilities & Equity	8,646	7,547	6,893	6,491	5,812	4,893
Total Debt	2,094	1,684	1,642	1,662	2,004	1,278
Net Cash (Debt)	-626.12	-421.31	-923.77	-767.15	-532.81	-341.43
Net Cash Per Share	-4.05	-2.70	-5.90	-4.89	-3.44	-2.21
Filing Date Shares Outstanding	150.97	153.28	155.28	152.79	157.75	156.91
Total Common Shares Outstanding	150.97	153.02	155.28	156.05	154.63	153.48
Working Capital	2,302	2,292	2,033	1,927	2,132	1,581
Book Value Per Share	28.87	26.27	22.99	20.89	16.05	15.08
Tangible Book Value	4,259	3,852	3,453	3,136	2,351	2,243
Tangible Book Value Per Share	28.21	25.17	22.24	20.10	15.20	14.62
Land	-	122.43	122.43	111.21	95.71	90.86
Buildings	-	720.66	634.68	658.91	531.06	349.07
Machinery	-	954.48	803.04	584.06	485.35	454.84
Leasehold Improvements	-	669.89	612.61	497.65	506.46	453.81

Source: S&P Capital IQ. Standard template. Financial Sources.