Under Armour Inc C (UA)

Based on the solvency ratios provided for Under Armour Inc C, we can observe the following:

1. Debt-to-Assets Ratio: The debt-to-assets ratio indicates the proportion of a company's assets financed by debt. In this case, the ratio is consistently reported as 0.00 across the years from December 31, 2022, to March 31, 2025. This suggests that the company does not rely on debt to finance its assets, reflecting a strong solvency position in terms of asset coverage by debt.

2. Debt-to-Capital Ratio: The debt-to-capital ratio evaluates the extent to which a company's capital structure is made up of debt. Similar to the debt-to-assets ratio, the debt-to-capital ratio is also consistently reported as 0.00 for the specified periods. This indicates that debt plays a minimal role in the company's capital structure, further emphasizing a low reliance on debt financing.

3. Debt-to-Equity Ratio: The debt-to-equity ratio measures the proportion of a company's financing that comes from debt relative to equity. Like the previous ratios, the debt-to-equity ratio is consistently reported as 0.00 throughout the years covered. This implies that the company's capital is primarily funded by equity rather than debt, signaling a favorable position from a solvency standpoint.

4. Financial Leverage Ratio: The financial leverage ratio assesses the company's level of financial risk by comparing its total assets to its equity. The financial leverage ratio shows a slight fluctuation over the years, ranging from 2.21 to 2.43. While the ratio indicates some leverage being utilized by the company, the levels remain relatively stable and moderate, suggesting a manageable level of financial risk.

In conclusion, the solvency ratios for Under Armour Inc C reflect a strong financial position with minimal reliance on debt for funding its operations and assets. The company's consistent low debt ratios indicate a healthy balance between debt and equity financing, contributing to its overall solvency and financial stability.

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Coverage ratios

The interest coverage ratio for Under Armour Inc C as of December 31, 2022, stands at 22.13. This indicates that the company's operating profit is more than sufficient to cover its interest expenses, suggesting a healthy ability to meet its interest payment obligations. However, with no data available for the subsequent periods, it is advisable to monitor the interest coverage ratio in the future to assess any potential changes in the company's financial health and ability to service its debt.