Under Armour Inc C (UA)

Financial leverage 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
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
Total stockholders’ equity US$ in thousands — 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
Financial leverage ratio — 2.33 2.26 2.68 2.21 2.32 2.27 2.43 2.43 2.64 2.63 2.66 2.58 2.39 2.44 2.64 2.78 3.00 3.31 3.52

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —

The financial leverage ratio of Under Armour Inc C has been fluctuating over the reporting periods provided. Initially, in June 2020, the ratio stood at 3.52, indicating a relatively high level of financial leverage. However, this ratio decreased steadily over time, reaching its lowest point of 2.21 in March 2024. This decrease suggests a reduction in the company's reliance on debt to finance its operations.

Subsequently, the financial leverage ratio increased in June 2024 to 2.68 before falling again to 2.33 by December 2024. The ratio remained relatively stable in the following periods, with the latest reported figure in March 2025 being unspecified. Overall, the downward trend in the financial leverage ratio from 2020 to 2024 indicates that Under Armour Inc C may have been managing its debt levels effectively and improving its financial strength during this period.