Deckers Outdoor Corporation (DECK)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,964,350 | 3,398,140 | 3,306,220 | 3,135,580 | 3,347,460 | 2,848,530 | 2,847,900 | 2,556,200 | 2,809,290 | 2,466,350 | 2,513,250 | 2,332,250 | 2,547,570 | 2,410,430 | 2,291,260 | 2,167,700 | 2,387,850 | 2,050,350 | 1,848,570 | 1,765,120 |
| 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 |
| Financial leverage ratio | 1.51 | 1.53 | 1.59 | 1.49 | 1.59 | 1.59 | 1.58 | 1.45 | 1.59 | 1.63 | 1.71 | 1.52 | 1.63 | 1.65 | 1.61 | 1.50 | 1.57 | 1.65 | 1.63 | 1.55 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,964,350K ÷ $2,630,920K
= 1.51
Deckers Outdoor Corporation's financial leverage ratio has shown some fluctuation over the past few years, ranging from a low of 1.45 to a high of 1.71. Generally, the company has maintained a relatively stable financial leverage position, with the ratio hovering around the 1.50 to 1.65 range most of the time. This indicates that the company has been utilizing a moderate level of debt in its capital structure to support its operations and growth initiatives.
A financial leverage ratio of 1.50 to 1.65 suggests that Deckers Outdoor Corporation has a reasonable balance between debt and equity in its capital structure. A ratio above 1 indicates that the company has more debt than equity, which means that creditors have a larger stake in the firm than equity shareholders. It is important for the company to monitor its financial leverage ratio closely to ensure that it maintains a healthy level of debt that can be serviced comfortably while not exposing the business to excessive financial risk.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Financial Leverage (Quarterly Data)