Steven Madden Ltd (SHOO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 829,598 | 837,038 | 824,516 | 821,042 | 831,553 | 842,303 | 833,534 | 835,215 | 812,098 | 798,830 | 774,335 | 787,528 | 776,586 | 756,120 | 755,084 | 761,207 | 828,501 | 838,738 | 818,354 | 819,695 |
| 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 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $829,598K)
= 0.00
Based on the data provided, Steven Madden Ltd. has consistently reported a debt-to-capital ratio of 0.00 across all quarters in the previous year. This indicates that the company has not utilized any debt to finance its operations and investments, relying solely on equity capital. A debt-to-capital ratio of 0.00 suggests that the company is not exposed to financial leverage and does not have any outstanding debt obligations in relation to its capital structure. While this may indicate a conservative approach to financing, it may also limit the company's ability to benefit from the tax advantages and potential growth opportunities that debt financing can provide. It is important to consider the context and industry norms when evaluating the significance of this ratio for Steven Madden Ltd.
Peer comparison
Dec 31, 2023