Columbia Sportswear Company (COLM)

Financial leverage 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
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
Total stockholders’ equity	US$ in thousands	1,780,040	1,787,470	1,823,960	1,909,440	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
Financial leverage ratio		1.67	1.54	1.51	1.45	1.52	1.48	1.49	1.48	1.58	1.59	1.57	1.53	1.54	1.54	1.54	1.50	1.55	1.54	1.59	1.62

December 31, 2024 calculation

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

Columbia Sportswear Company's financial leverage ratio has experienced fluctuations over the past years, ranging from 1.45 to 1.67. The financial leverage ratio measures the extent to which the company uses debt to finance its operations compared to equity. A ratio above 1 indicates that the company has more debt than equity in its capital structure.

In the most recent period as of December 31, 2024, the financial leverage ratio stood at 1.67, indicating that the company's reliance on debt had increased compared to the earlier periods. This may raise concerns about the company's financial risk and ability to meet its debt obligations, especially in times of economic uncertainty or interest rate changes.

It is essential for investors and stakeholders to closely monitor changes in the financial leverage ratio to assess the company's overall financial health and risk profile. A higher ratio may suggest increased financial risk, while a lower ratio may indicate a more conservative capital structure.