Steven Madden Ltd (SHOO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,411,770 | 1,347,940 | 1,257,990 | 1,355,540 | 1,137,760 |
| Total stockholders’ equity | US$ in thousands | 847,719 | 829,598 | 831,553 | 812,098 | 776,586 |
| Financial leverage ratio | 1.67 | 1.62 | 1.51 | 1.67 | 1.47 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,411,770K ÷ $847,719K
= 1.67
The financial leverage ratio for Steven Madden Ltd has shown fluctuations over the years, ranging from 1.47 in 2020 to 1.67 in both 2021 and 2024. This ratio indicates that the company relies moderately on debt financing to support its operations and growth. The increase in the ratio in 2021 and 2024 suggests that Steven Madden Ltd might have taken on more debt during those years to fund its activities. However, the ratio decreased in 2022 and 2023, indicating a potential reduction in debt levels or an increase in equity financing during those periods. Overall, the company's financial leverage ratio hovers around 1.5, reflecting a balanced mix of debt and equity in its capital structure.
Peer comparison
Dec 31, 2024