Skechers USA Inc (SKX)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,455,760 | 7,547,350 | 6,893,490 | 6,491,280 | 5,812,370 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,455,760K
= 0.00
The debt-to-assets ratio of Skechers USA Inc has remained consistently low at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has minimal debt relative to its total assets during this period. A low debt-to-assets ratio suggests that Skechers USA Inc has a strong financial position and is not heavily reliant on external borrowings to finance its operations or investments. Investors and creditors generally view a low debt-to-assets ratio favorably as it indicates lower financial risk and greater financial stability for the company.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Skechers USA Inc
SKX
0.00
Caleres Inc
CAL
0.00
Steven Madden Ltd
SHOO
0.00
Wolverine World Wide Inc
WWW
0.00