Steven Madden Ltd (SHOO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 847,719 | 829,598 | 831,553 | 812,098 | 776,586 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $847,719K)
= 0.00
The debt-to-capital ratio of Steven Madden Ltd has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing during this period to fund its operations or investments. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily equity-funded, which can be viewed positively by creditors and investors as it signifies lower financial risk and potential for greater financial stability. However, it is important to consider the reasons behind the lack of debt usage, as a healthy balance between debt and equity can optimize the cost of capital and support growth opportunities.
Peer comparison
Dec 31, 2024