Columbia Sportswear Company (COLM)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	2,975,260	2,760,740	2,760,820	2,762,230	2,939,010	2,798,940	2,789,800	2,888,970	3,051,550	2,890,150	2,726,790	2,787,980	3,067,130	2,889,360	2,863,300	2,793,910	2,836,570	2,652,310	2,622,400	2,751,490
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,975,260K
= 0.00

The debt-to-assets ratio of Columbia Sportswear Company has consistently been at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt to finance its operations and investments throughout this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, implying a strong financial position and lower financial risk as there is no debt obligation to service.

The consistent 0.00 debt-to-assets ratio reflects a conservative financial strategy by Columbia Sportswear Company, where it has avoided taking on debt to fund its operations or expansion. By relying solely on equity financing, the company may have lower interest expenses and debt-related risks, providing greater financial stability and flexibility in managing its business operations and growth initiatives.

Overall, the consistent and low debt-to-assets ratio suggests that Columbia Sportswear Company has maintained a strong balance sheet structure with a minimal reliance on debt capital, positioning it well in terms of financial health and risk management.