Under Armour Inc C (UA)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Dec 31, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,760,730 | 4,857,080 | 4,857,080 |
| Total stockholders’ equity | US$ in thousands | 1,890,280 | 2,153,290 | 2,153,290 | 1,998,400 | 1,998,400 |
| Financial leverage ratio | 2.28 | 2.21 | 2.21 | 2.43 | 2.43 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,300,870K ÷ $1,890,280K
= 2.28
The financial leverage ratio of Under Armour Inc C has remained relatively stable over the past few years, ranging between 2.21 and 2.43. This indicates that the company relies on a mix of debt and equity to finance its operations and investments. A financial leverage ratio of around 2 suggests that the company has a moderate level of debt compared to its equity, which can indicate a balanced capital structure. However, the slight decrease in the ratio from 2.43 to 2.21 between December 31, 2023, and March 31, 2024, followed by a subsequent increase to 2.28 by March 31, 2025, may indicate some fluctuations in the company's debt levels during this period. Overall, a financial leverage ratio around 2.2 to 2.3 suggests that the company is managing its debt and equity efficiently to support its business activities.
Peer comparison
Mar 31, 2025