Deckers Outdoor Corporation (DECK)
Debt-to-equity 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-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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,630,920K
= 0.00
Based on the provided data, Deckers Outdoor Corporation has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to support its operations or growth initiatives during this period, relying solely on equity to fund its activities.
A debt-to-equity ratio of 0.00 signifies that the company has no debt in relation to its equity, which can be viewed positively as it suggests a low financial risk associated with the company's capital structure. Without debt in the mix, Deckers Outdoor Corporation has likely been able to operate with lower interest expenses and reduced financial leverage, which can lead to greater financial stability and flexibility.
However, while a zero debt-to-equity ratio may indicate a conservative financial approach, it is essential to consider that a completely debt-free capital structure may limit the company's ability to leverage debt advantages such as tax benefits or potential for higher returns on equity. As such, stakeholders may want to assess the company's strategic capital structure decisions in the context of its overall financial management and growth objectives.
Peer comparison
Dec 31, 2024