Under Armour Inc C (UA)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,890,280 | 1,984,720 | 1,985,200 | 1,816,570 | 2,153,290 | 2,173,020 | 2,089,740 | 2,005,410 | 1,998,400 | 1,832,000 | 1,816,330 | 1,729,080 | 1,728,950 | 2,088,990 | 1,977,750 | 1,846,710 | 1,770,200 | 1,675,990 | 1,470,350 | 1,423,410 |
| Debt-to-equity 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 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,890,280K
= 0.00
The debt-to-equity ratio of Under Armour Inc C has been consistently at 0.00 for the periods from June 30, 2020, to March 31, 2025. This indicates that the company has been using minimal to no debt to finance its operations compared to its equity. A low debt-to-equity ratio is generally considered favorable as it suggests lower financial risk and indicates that the company is relying more on equity financing rather than debt for its capital structure. However, an extremely low or zero debt-to-equity ratio can also signify that the company is missing out on potential leverage benefits that debt financing can provide. It is important to consider the specific circumstances of the company and its industry when evaluating the implications of such a low debt-to-equity ratio.
Peer comparison
Mar 31, 2025