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

Company name
Symbol
Debt-to-equity 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