Steven Madden Ltd (SHOO)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $829,598K
= 0.00

Based on the data provided, it appears that Steven Madden Ltd. has consistently maintained a debt-to-equity ratio of 0.00 throughout the past eight quarters. A debt-to-equity ratio of 0.00 indicates that the company has no debt compared to its equity, suggesting that the company primarily relies on equity financing to fund its operations and growth. This could be viewed positively by investors and creditors as it implies a lower financial risk and potential for higher returns on equity investments. However, it is important to note that a debt-to-equity ratio of 0.00 may also signal that the company is not taking advantage of leverage, which could potentially limit its ability to expand rapidly. Further analysis of the company's overall financial health and strategic decisions would be necessary to fully evaluate the implications of this consistent ratio over the analyzed period.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
Steven Madden Ltd
SHOO
0.00
Caleres Inc
CAL
0.00
Skechers USA Inc
SKX
0.06
Wolverine World Wide Inc
WWW
2.17