Columbia Sportswear Company (COLM)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,938,610 | 1,895,310 | 1,874,660 | 1,947,780 | 1,935,790 | 1,814,800 | 1,731,720 | 1,818,900 | 1,989,250 | 1,880,320 | 1,861,660 | 1,868,810 | 1,832,770 | 1,722,820 | 1,652,830 | 1,696,590 | 1,849,450 | 1,747,110 | 1,655,190 | 1,720,650 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,938,610K
= 0.00
The debt-to-equity ratio of Columbia Sportswear Co. has been consistently reported as 0.00 for each quarter in the provided data table. This indicates that the company has not used any debt to finance its operations and has relied solely on equity for its capital structure throughout the observed periods. A debt-to-equity ratio of 0.00 suggests that the company has no financial leverage and has not taken on any debt to fund its growth or operations. This may indicate a conservative approach to financing, as the company has not incurred any interest-bearing debt obligations that would require regular interest payments. However, it is important to note that a debt-to-equity ratio of 0.00 may also signal limited capacity for leveraging financial resources to potentially enhance returns for shareholders. Further analysis of the company's overall financial health and strategy would be needed to fully understand the implications of its consistently low debt-to-equity ratio.
Peer comparison
Dec 31, 2023