Steven Madden Ltd (SHOO)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $847,719K
= 0.00
The debt-to-equity ratio for Steven Madden Ltd has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company is not relying on debt to finance its operations and growth, as the ratio suggests that there is no debt in relation to the equity on the company's balance sheet. This can be seen as a positive sign of financial stability and strength, as the company has a lower financial risk due to minimal reliance on debt for funding its operations. It also indicates that the company may have a strong equity base to support its business activities.
Peer comparison
Dec 31, 2024