Steven Madden Ltd (SHOO)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,347,940 | 1,292,230 | 1,270,240 | 1,205,120 | 1,257,990 | 1,226,240 | 1,313,290 | 1,278,530 | 1,355,540 | 1,300,060 | 1,173,140 | 1,168,940 | 1,137,760 | 1,104,410 | 1,132,390 | 1,145,900 | 1,278,650 | 1,282,460 | 1,281,560 | 1,209,750 |
| 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 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,347,940K
= 0.00
Based on the data provided for Steven Madden Ltd., the debt-to-assets ratio has consistently been recorded as 0.00 across all quarters from Q1 2022 to Q4 2023. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets. This suggests that Steven Madden Ltd. has been operating with a debt-free capital structure during this period. A company with a debt-to-assets ratio of 0.00 may be considered financially stable and less risky since it does not rely on debt to finance its operations. However, it's important to note that while having no debt can be advantageous, it also means potentially missing out on the tax benefits and leverage that debt can provide in certain situations. Overall, the consistent 0.00 debt-to-assets ratio implies that Steven Madden Ltd. has been managing its financial obligations effectively and maintaining a strong balance sheet position.
Peer comparison
Dec 31, 2023