Under Armour Inc C (UA)

Debt-to-assets ratio

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 4,630,960 4,494,590 4,860,510 4,760,730 5,044,510 4,746,550 4,867,160 4,857,080 4,827,560 4,770,070 4,605,800 4,452,830 4,991,400 4,822,300 4,871,510 4,914,300 5,030,630 4,863,550 5,003,340
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —

The debt-to-assets ratio of Under Armour Inc C has consistently been 0.00% from June 30, 2020, to March 31, 2025. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00% implies that the company's total assets were entirely financed by equity rather than debt. This could suggest a conservative financial strategy, where the company has focused on maintaining a strong balance sheet with minimal financial leverage. It also indicates a low level of financial risk associated with the company's capital structure, as there is no significant debt burden to be serviced. Overall, a debt-to-assets ratio of 0.00% reflects a strong financial position in terms of debt management for Under Armour Inc C over the analyzed period.