Under Armour Inc A (UAA)
Solvency ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.32 |
| Financial leverage ratio | 2.28 | 2.21 | 2.43 | 2.39 | 2.39 |
Based on the provided solvency ratios of Under Armour Inc A, we can observe a consistent trend of decreasing debt ratios over the years. The Debt-to-assets ratio has decreased from 0.13 in December 31, 2021, to 0.00 in subsequent years. This indicates that the company's total debt relative to its total assets has significantly improved, reflecting a stronger financial position.
Similarly, the Debt-to-capital ratio and Debt-to-equity ratio have both decreased to 0.00 by March 31, 2022, and have remained stable at this level in the following years. These ratios suggest that Under Armour Inc A has effectively reduced its debt in comparison to its capital and equity, indicating lower financial risk.
Additionally, the Financial Leverage ratio, which measures the company's financial leverage or the extent to which it relies on debt, has shown a slight fluctuation but has generally remained within a reasonable range between 2.21 to 2.43 over the years.
Overall, the decreasing trend in debt ratios and the stable financial leverage ratio demonstrate that Under Armour Inc A has made significant progress in managing its debt and improving its solvency position, which could potentially enhance its ability to meet its financial obligations and withstand economic challenges in the future.
Coverage ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|---|
| Interest coverage | — | — | — | — | 26.88 |
Based on the available data, the interest coverage ratio for Under Armour Inc A as of December 31, 2021, is 26.88. This indicates that the company generated 26.88 times the amount of operating income to cover its interest expenses. However, as there are no values provided for subsequent periods (March 31, 2022 to March 31, 2025), it is difficult to assess the trend and stability of the company's ability to cover its interest payments with its operating earnings. A high interest coverage ratio generally suggests that the company is capable of meeting its interest obligations comfortably. It would be important to monitor future periods to understand any potential changes in the company's financial health and ability to service its debt.