Columbia Sportswear Company (COLM)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital 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 |
| 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 |
| Financial leverage ratio | 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 | 1.59 | 1.57 | 1.61 | 1.52 |
Columbia Sportswear Co. has consistently maintained a very low level of debt in relation to its assets, capital, and equity, as evidenced by the debt-to-assets, debt-to-capital, and debt-to-equity ratios of 0.00 across all quarters in the data provided. This indicates that the company has minimal financial leverage and relies primarily on equity financing rather than debt to fund its operations and investments.
However, the financial leverage ratio has shown some fluctuation over the quarters, ranging from 1.48 to 1.59. This ratio suggests that Columbia Sportswear Co. has, on average, increased its reliance on debt financing to support its operations and growth in recent periods. Despite this increase in financial leverage, the absolute levels of debt remain very low compared to the company's assets and equity, indicating a relatively low risk of financial distress.
Overall, Columbia Sportswear Co. appears to have a strong financial position with minimal debt obligations relative to its assets and equity. Investors and stakeholders can view the company's solvency ratios positively in terms of its ability to meet its financial obligations and weather potential economic challenges.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 88.50 | 825.79 | 304.80 | — | 144.90 | 228.40 | 312.92 | 309.75 | 326.45 | 268.22 | 219.23 | 127.52 | 43.12 | 39.68 | 44.12 | 45.42 | 47.58 | 55.51 | 64.69 | 111.65 |
As the provided table lacks specific data for interest coverage ratios for Columbia Sportswear Co. across various quarters, it is not possible to conduct an analysis or provide insights on the trend or performance of the company's interest coverage over time. In order to perform a comprehensive analysis of the interest coverage, data on the earnings before interest and taxes (EBIT) and interest expenses for each quarter would be required. This data would allow for the calculation of the interest coverage ratio, which is a key financial metric used to assess a company's ability to meet its interest obligations.
Without the necessary data, a detailed analysis of Columbia Sportswear Co.'s interest coverage ratio cannot be conducted, and therefore, it is recommended to review the company's financial statements or seek additional information to assess its financial health and ability to cover its interest expenses effectively.