Under Armour Inc C (UA)
Debt-to-equity ratio
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 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 595,188 | 594,592 | 595,384 | 594,873 | 595,124 | 594,655 | 594,107 | 674,478 | 673,930 | 673,382 | 672,834 | 662,531 | 662,903 | 804,621 | 1,009,950 | 1,003,560 | 997,347 | 987,949 | 593,281 | 592,687 |
Total stockholders’ equity | US$ in thousands | 1,984,720 | 1,985,200 | 1,816,570 | 2,153,290 | 2,133,930 | 2,054,040 | 1,974,620 | 1,966,150 | 1,832,000 | 1,816,330 | 1,729,080 | 2,088,990 | 1,977,750 | 1,846,710 | 1,770,200 | 1,675,990 | 1,470,350 | 1,423,410 | 1,550,180 | 2,150,090 |
Debt-to-equity ratio | 0.30 | 0.30 | 0.33 | 0.28 | 0.28 | 0.29 | 0.30 | 0.34 | 0.37 | 0.37 | 0.39 | 0.32 | 0.34 | 0.44 | 0.57 | 0.60 | 0.68 | 0.69 | 0.38 | 0.28 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $595,188K ÷ $1,984,720K
= 0.30
The debt-to-equity ratio of Under Armour Inc C has exhibited fluctuations over the years, indicating changes in its capital structure. From December 31, 2019, to December 31, 2024, the ratio decreased from 0.28 to 0.30, with fluctuations in between. This suggests that the company has been maintaining a relatively conservative approach towards debt financing compared to equity. The trend indicates that Under Armour Inc C has been managing its debt levels effectively while also considering the equity component in its capital structure. The decreasing trend in the ratio may indicate that the company is gradually reducing its reliance on debt to fund its operations and investments, which can be perceived positively by investors and creditors as it signifies a lower risk of financial distress.
Peer comparison
Dec 31, 2024