Deckers Outdoor Corporation (DECK)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| 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 |
| 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 |
| 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 |
Deckers Outdoor Corporation's solvency ratios, including the Debt-to-assets ratio, Debt-to-capital ratio, Debt-to-equity ratio, and Financial leverage ratio, have consistently shown low values over the years. This indicates that the company relies less on debt financing and maintains a strong financial position by having a higher proportion of assets or equity in comparison to its debt.
The Debt-to-assets ratio has been at 0.00 across all reported periods, suggesting that Deckers Outdoor Corporation has no debt relative to its total assets. This indicates a conservative capital structure and low financial risk.
Similarly, the Debt-to-capital ratio and Debt-to-equity ratio have also remained at 0.00 consistently, underscoring the company's minimal reliance on borrowed funds and its ability to fund operations primarily through equity.
The Financial leverage ratio, which indicates the extent of financial leverage in the company's operations, has shown a moderate range but has generally been decreasing over the years, signaling a lower reliance on debt to support its operations.
Overall, the solvency ratios of Deckers Outdoor Corporation reflect a strong financial position with minimal debt levels and a solid foundation of equity to support its operations and growth strategies.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 364.32 | 309.62 | 298.43 | 281.92 | 284.63 | 226.82 | 196.51 | 189.64 | 158.22 | 146.53 | 151.59 | 159.84 | 98.15 | 105.35 | 100.06 | 83.64 | 83.22 | 82.44 | 71.09 | 67.01 |
The interest coverage ratio of Deckers Outdoor Corporation has shown a consistently improving trend over the past few years, indicating the company's ability to meet its interest obligations comfortably. The ratio has increased from 67.01 as of March 31, 2020, to 364.32 as of December 31, 2024. This improvement suggests that the company's earnings are more than sufficient to cover its interest expenses, providing a buffer against potential financial risks associated with debt servicing. Deckers Outdoor Corporation's interest coverage ratio demonstrates strong financial health and stability, reflecting its capacity to manage debt efficiently and generate sustainable profits.
See also:
Deckers Outdoor Corporation Solvency Ratios (Quarterly Data)