Deckers Outdoor Corporation (DECK)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,135,580 | 3,347,460 | 2,848,530 | 2,847,900 | 2,556,200 | 2,809,290 | 2,466,350 | 2,513,250 | 2,332,250 | 2,547,570 | 2,410,430 | 2,291,260 | 2,167,700 | 2,387,850 | 2,050,350 | 1,848,570 | 1,765,120 | 1,888,350 | 1,691,660 | 1,751,060 |
| 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 |
March 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,135,580K
= 0.00
The debt-to-assets ratio of Deckers Outdoor Corporation has consistently been reported as 0.00 across several reporting periods. This indicates that the company has not had any debt on its balance sheet in relation to its total assets during the analyzed period. A debt-to-assets ratio of 0.00 implies that the company has not relied on borrowing to finance its operations or acquisitions during these periods.
While having a debt-to-assets ratio of 0.00 may suggest a strong financial position with minimal financial risk stemming from debt obligations, it is important to note that a lack of debt may also limit the company's ability to leverage financial resources for potential growth opportunities or strategic investments. Investors and stakeholders may want to consider the reasons behind the absence of debt and assess how it aligns with the company's overall financial strategy and goals.
Peer comparison
Mar 31, 2024