Under Armour Inc A (UAA)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 662,531 |
| Total assets | US$ in thousands | 4,300,870 | 4,760,730 | 4,857,080 | 4,991,400 | 4,991,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,300,870K
= 0.00
The debt-to-assets ratio for Under Armour Inc A has been consistently low over the past few years, indicating a strong financial position with relatively low debt levels compared to its total assets. As of March 31, 2025, the ratio stands at 0.00, suggesting that the company's total debt is virtually non-existent in relation to its total assets. This implies that Under Armour Inc A relies more on equity financing than debt to support its operations and growth. A low debt-to-assets ratio is generally considered favorable as it signifies lower financial risk and greater stability for the company.
Peer comparison
Mar 31, 2025