Skechers USA Inc (SKX)
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 | 4,730,160 | 4,019,340 | 3,569,990 | 3,259,340 | 2,481,440 |
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 ÷ $4,730,160K
= 0.00
The debt-to-equity ratio for Skechers USA Inc consistently stands at 0.00 for the years 2020 to 2024. This indicates that the company has not relied on debt financing to fund its operations during this period. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is primarily equity-funded, which may be viewed positively as it implies lower financial risk and less reliance on external borrowing. However, it is important to note that solely relying on equity financing may result in missed opportunities for leveraging debt to potentially enhance returns for shareholders. Overall, the stable 0.00 debt-to-equity ratio for Skechers USA Inc reflects a conservative financial approach with no significant debt obligations affecting its capital structure during the analyzed period.
Peer comparison
Dec 31, 2024