Deckers Outdoor Corporation (DECK)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,107,470K
= 0.00
The debt-to-equity ratio for Deckers Outdoor Corporation over the past five years has consistently been 0.00, indicating that the company has not used any debt to finance its operations relative to shareholders' equity during this period. A debt-to-equity ratio of 0.00 signifies that the company's liabilities are either negligible or non-existent compared to its equity, reflecting a relatively low financial risk in terms of leverage. It suggests that Deckers Outdoor Corporation has primarily relied on equity financing rather than debt to fund its business activities and investments.
Peer comparison
Mar 31, 2024
Company name
Symbol
Debt-to-equity ratio
Deckers Outdoor Corporation
DECK
0.00
Crocs Inc
CROX
1.13
Nike Inc
NKE
0.55