Columbia Sportswear Company (COLM)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	2,975,260	2,939,010	3,051,550	3,067,130	2,836,570
Total stockholders’ equity	US$ in thousands	1,780,040	1,938,610	1,935,790	1,989,250	1,832,770
Financial leverage ratio		1.67	1.52	1.58	1.54	1.55

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,975,260K ÷ $1,780,040K
= 1.67

The financial leverage ratio for Columbia Sportswear Company has been relatively stable over the past five years, ranging from 1.52 to 1.67. This indicates that the company has been maintaining a moderate level of financial leverage, with a slight increase in 2022 followed by a decrease in 2023. The ratio suggests that the company relies to some extent on debt financing to support its operations and growth, but overall, it has not significantly increased its leverage over this period. Monitoring this ratio in conjunction with other financial metrics can provide insights into the company's capital structure and risk profile.