Deckers Outdoor Corporation (DECK)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 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 | 1,123,750 | 916,304 | 995,279 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,107,470K
= 0.00
The debt-to-equity ratio for Deckers Outdoor Corporation has consistently been recorded as 0.00 across various reporting periods from December 2019 to March 2024. This indicates that the company has had no debt on its balance sheet relative to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company is either using minimal or no debt financing to fund its operations and growth, relying primarily on equity. This may imply a lower level of financial risk for the company as it is not burdened by significant debt obligations. It is important to note that a zero debt-to-equity ratio may not always be ideal, as some level of debt can be beneficial for a company to optimize its capital structure and potentially enhance returns for shareholders.
Peer comparison
Mar 31, 2024