Deckers Outdoor Corporation (DECK)
Debt-to-capital ratio
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,107,470 | 1,765,730 | 1,538,820 | 1,444,220 | 1,140,120 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,107,470K)
= 0.00
The debt-to-capital ratio of Deckers Outdoor Corporation has consistently been reported as 0.00 over the past five years, from March 31, 2020, to March 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily equity-funded and does not rely on borrowing to support its activities. While a low debt-to-capital ratio can signal financial strength and lower financial risk, it may also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders.
Peer comparison
Mar 31, 2024