Columbia Sportswear Company (COLM)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 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 | 2,931,590 | 2,751,080 | 2,662,450 | 2,613,710 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,939,010K
= 0.00
The debt-to-assets ratio for Columbia Sportswear Co. has consistently been reported as 0.00 over the past eight quarters. This indicates that the company has not utilized debt financing to fund its operations and investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, potentially indicating a conservative financial strategy or a strong cash position. It is important to note that while a low or zero debt-to-assets ratio can be favorable in terms of financial stability and risk management, it may also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders. Further analysis of the company's capital structure and financial strategy would be necessary to fully assess the implications of this consistent ratio.
Peer comparison
Dec 31, 2023