Steven Madden Ltd (SHOO)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,411,770 | 1,347,940 | 1,257,990 | 1,355,540 | 1,137,760 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,411,770K
= 0.00
The debt-to-assets ratio of Steven Madden Ltd has consistently remained at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A low or zero debt-to-assets ratio suggests that the company relies more on equity financing than debt financing, which can be viewed as a positive sign of financial stability and lower financial risk. It indicates that the company may have a strong financial position and may be less vulnerable to economic downturns or interest rate fluctuations.
Peer comparison
Dec 31, 2024