Columbia Sportswear Company (COLM)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,939,010 | 3,051,550 | 3,067,130 | 2,836,570 | 2,931,590 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,939,010K
= 0.00
Columbia Sportswear Co. has consistently maintained a debt-to-assets ratio of 0.00 over the past five years, indicating that the company operates with minimal financial leverage in relation to its total assets. This suggests that the company relies more on equity financing rather than debt financing to fund its operations and investments. A debt-to-assets ratio of 0.00 reflects a strong financial position, as there is no debt present that could potentially strain the company's cash flows or profitability. It also indicates a lower financial risk as the company is not highly leveraged. Overall, Columbia Sportswear Co.'s stable and low debt-to-assets ratio signifies a conservative financial management approach that prioritizes financial stability and sustainable growth.
Peer comparison
Dec 31, 2023