Deckers Outdoor Corporation (DECK)
Debt-to-capital ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,513,010 | 2,107,470 | 1,765,730 | 1,538,820 | 1,444,220 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,513,010K)
= 0.00
Based on the data provided, Deckers Outdoor Corporation has consistently maintained a debt-to-capital ratio of 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not relied on debt financing to fund its operations or growth during this period. A debt-to-capital ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt, which can be viewed positively as it indicates a lower financial risk and potentially greater financial stability. However, it's important to note that a very low debt-to-capital ratio may also imply that the company is not taking advantage of potential tax benefits associated with debt financing. Overall, Deckers Outdoor Corporation's consistent 0.00 debt-to-capital ratio reflects a conservative financial strategy with a focus on equity financing.
Peer comparison
Mar 31, 2025