Deckers Outdoor Corporation (DECK)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,630,920 | 2,223,240 | 2,074,480 | 2,107,470 | 2,104,190 | 1,795,130 | 1,802,120 | 1,765,730 | 1,769,170 | 1,515,840 | 1,472,410 | 1,538,820 | 1,564,740 | 1,463,750 | 1,418,990 | 1,444,220 | 1,520,120 | 1,242,960 | 1,136,930 | 1,140,120 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,630,920K)
= 0.00
The debt-to-capital ratio for Deckers Outdoor Corporation has consistently remained at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant part of its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's total debt is either negligible or non-existent in relation to its total capital, which typically includes both debt and equity.
From an investor's perspective, a low or zero debt-to-capital ratio can be viewed positively as it suggests lower financial risk and greater financial stability. However, it's important to note that a company with no debt may miss out on the potential tax benefits of debt financing and could potentially limit opportunities for growth through leverage.
In Deckers Outdoor Corporation's case, the consistently low debt-to-capital ratio may indicate a conservative financial strategy or access to alternative forms of financing that do not involve significant borrowing. Overall, a 0.00 debt-to-capital ratio reflects the company's ability to finance its operations and growth predominantly through equity or internal resources rather than external debt.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Debt to Capital (Quarterly Data)