Skechers USA Inc (SKX)
Debt-to-capital 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 | 4,730,160 | 4,019,340 | 3,569,990 | 3,259,340 | 2,481,440 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,730,160K)
= 0.00
The debt-to-capital ratio of Skechers USA Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth and has relied solely on equity capital. A debt-to-capital ratio of 0.00 suggests that Skechers USA Inc has a conservative financial structure with no financial leverage, which may be viewed positively by investors and creditors due to lower financial risk. However, it is important to note that the absence of debt in the capital structure may also limit the company's flexibility in taking advantage of leverage for potential growth opportunities or tax benefits.
Peer comparison
Dec 31, 2024