Under Armour Inc C (UA)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,760,730 | 4,857,080 | 4,857,080 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,300,870K
= 0.00
The debt-to-assets ratio for Under Armour Inc C has remained consistently at 0.00 since December 31, 2022, up until March 31, 2025. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be a positive sign of financial stability and creditworthiness. However, it's essential to consider that a very low debt-to-assets ratio may also mean missed opportunities for leveraging debt for potential growth or tax benefits. Further analysis of the company's capital structure and overall financial health would provide a more comprehensive understanding of its financial position.
Peer comparison
Mar 31, 2025