What is the level of liabilities of WEYCO Group this year?
WEYCO Group has a debt balance of 64.85 M USD this year.
WEYCO Group Liabilities 2024
WEYCO Group Liabilities
64.85 M USD
Ticker
WEYS
ISIN
US9621491003
WKN
857366
In 2024, WEYCO Group's total liabilities amounted to 64.85 M USD, a -36.86% difference from the 102.7 M USD total liabilities in the previous year.
WEYCO Group Aktienanalyse
What does WEYCO Group do?
The WEYCO Group Inc is an American company based in Milwaukee that has been distributing various high-quality shoe brands since its founding in 1906. The company has specialized in selling footwear since its founding and has always sought to distinguish itself from the market and occupy a niche. The Weyco Group's business is divided into three segments: North America wholesale, North America retail, and international. The North America Wholesale segment focuses on selling shoes to retail stores, department stores, and online retailers. The Retail segment, on the other hand, includes its own retail stores under the Florsheim brand, one of the leading golf shoe manufacturers in the USA. The international segment includes the resale of shoes in the international market, Canada, Europe, and Australia. The Weyco Group has a long tradition in the production of high-quality footwear. The company started with the production of jogging shoes but quickly realized that it would not be successful in this market due to the intense competition. Instead, the company decided to focus on the design and distribution of high-quality business shoes, which proved to be the right step. The company has always been committed to maintaining a high level of quality and has sourced leather from the best possible sources to provide its customers with durability and comfort. It is this strategy that still makes their products so unique today. The shoes of the Weyco Group reflect the personal style and uniqueness of their customers. For example, the group operates an online shop called "Ranger Boot Inc." where they sell elegant and stylish boots. Celebrities like John Wayne or Clint Eastwood have already worn brands from Ranger Boot. Sales have consistently increased thanks to the concept of "less is more," and the company has almost achieved cult status among its customers. Whether elegant, stylish, or sporty, the company offers a wide range of products that impress with their quality and durability. In addition, Weyco Group Inc has also launched licensed shoe lines from well-known brands such as Florsheim, UKGear, or Stacy Adams. Thanks to their solid strategy, consistent product quality, and remarkable marketing strategy, the company has been able to successfully position itself in the market and make a name for its brands. The focus on high-quality footwear has allowed them to appeal to a wide range of customers. The company also places great value on customer service. For example, end customers benefit from free shipping and returns. The success recipe of Weyco Group Inc lies in its ability to accurately assess the needs of customers and the market and respond accordingly. The company has always strived to provide its customers with a unique experience and the highest level of comfort while maintaining the highest quality standards. This has allowed the company to become a leading provider in the American shoe market and continues to enjoy great popularity. WEYCO Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing WEYCO Group's Liabilities
WEYCO Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating WEYCO Group's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing WEYCO Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
WEYCO Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in WEYCO Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about WEYCO Group Stock
What were the liabilities of WEYCO Group compared to the previous year?
The liabilities of WEYCO Group have increased by -36.86% dropped compared to the previous year.
What are the consequences of high debt for investors of WEYCO Group?
High liabilities can pose a risk for investors of WEYCO Group, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in WEYCO Group?
Low liabilities mean that WEYCO Group has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of WEYCO Group affect the company?
An increase in liabilities of WEYCO Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of WEYCO Group affect the company?
A decrease in the liabilities of WEYCO Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of WEYCO Group?
Some factors that can influence the liabilities of WEYCO Group include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of WEYCO Group so important for investors?
The liabilities of WEYCO Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can WEYCO Group take to modify the liabilities?
To change its liabilities, WEYCO Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does WEYCO Group pay?
Over the past 12 months, WEYCO Group paid a dividend of 0.99 USD . This corresponds to a dividend yield of about 3.27 %. For the coming 12 months, WEYCO Group is expected to pay a dividend of 0.99 USD.
What is the dividend yield of WEYCO Group?
The current dividend yield of WEYCO Group is 3.27 %.
When does WEYCO Group pay dividends?
WEYCO Group pays a quarterly dividend. This is distributed in the months of September, December, April, June.
How secure is the dividend of WEYCO Group?
WEYCO Group paid dividends every year for the past 43 years.
What is the dividend of WEYCO Group?
For the upcoming 12 months, dividends amounting to 0.99 USD are expected. This corresponds to a dividend yield of 3.27 %.
In which sector is WEYCO Group located?
WEYCO Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von WEYCO Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of WEYCO Group from 6/28/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.
When did WEYCO Group pay the last dividend?
The last dividend was paid out on 6/28/2024.
What was the dividend of WEYCO Group in the year 2023?
In the year 2023, WEYCO Group distributed 0.96 USD as dividends.
In which currency does WEYCO Group pay out the dividend?
The dividends of WEYCO Group are distributed in USD.
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Andere Kennzahlen von WEYCO Group
Our stock analysis for WEYCO Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEYCO Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
