Steven Madden Ltd (SHOO)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.67 | 1.62 | 1.51 | 1.67 | 1.47 |
Based on the provided data, Steven Madden Ltd has consistently shown strong solvency ratios over the past five years.
The Debt-to-assets ratio has remained at 0.00 for each year from 2020 to 2024, indicating that the company has not relied on debt to finance its assets during this period.
Similarly, the Debt-to-capital ratio has also remained at 0.00 for all the years, signifying that the company's capital structure has not been burdened by debt.
The Debt-to-equity ratio, which is another measure of financial leverage, has also been at 0.00 across all years, suggesting that the company's equity has been sufficient to support its operations without the need for significant debt.
The Financial leverage ratio, although showing slight fluctuations, has generally remained relatively stable over the years, ranging from 1.47 in 2020 to 1.67 in 2024. This indicates that the company has been able to maintain a healthy balance between equity and debt in its capital structure.
Overall, these solvency ratios suggest that Steven Madden Ltd has a strong financial position and has effectively managed its debt and capital structure, which bodes well for its long-term sustainability and ability to meet its financial obligations.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | — | 28.84 | 416.63 | 159.32 | -0.20 |
Steven Madden Ltd's interest coverage ratio has displayed significant fluctuations over the past five years. In December 31, 2020, the company's interest coverage ratio was negative at -0.20, indicating that the company's earnings before interest and taxes (EBIT) were insufficient to cover its interest expenses.
However, there was a substantial improvement in the interest coverage ratio in subsequent years. By December 31, 2021, the ratio soared to 159.32, suggesting a healthier financial position with a strong ability to cover interest obligations. The trend continued to improve in December 31, 2022, reaching a notably high level of 416.63, demonstrating a robust capacity to meet interest payments comfortably.
Nevertheless, there was a significant drop in the interest coverage ratio by December 31, 2023, to 28.84, indicating a potential reduction in the company's ability to cover interest expenses using its operating income.
The data for December 31, 2024, is missing, represented as "—", which makes it challenging to provide a recent assessment of the interest coverage ratio for that year. This gap in information could hinder a comprehensive understanding of the company's financial health in the most recent period.
Overall, Steven Madden Ltd's interest coverage ratio has exhibited considerable volatility over the analyzed period, reflecting fluctuations in the company's ability to cover interest payments with its earnings. It is essential for stakeholders to monitor this ratio closely to assess the company's financial stability and ability to meet debt obligations.