Under Armour Inc C (UA)
Debt-to-equity ratio
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,890,280 | 2,153,290 | 2,153,290 | 1,998,400 | 1,998,400 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,890,280K
= 0.00
Based on the provided data, the debt-to-equity ratio for Under Armour Inc C has consistently been at 0.00 from December 31, 2022, to March 31, 2025. This indicates that the company is not using any debt financing to fund its operations and growth, relying solely on equity. A debt-to-equity ratio of 0.00 signifies that the company has no debt in relation to its equity, suggesting a conservative financial structure or possibly a very strong financial position. This could be a positive sign for investors and creditors as it implies lower financial risk and a strong equity base to support the company's activities.
Peer comparison
Mar 31, 2025