Under Armour Inc A (UAA)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,890,280 | 2,153,290 | 1,998,400 | 2,088,990 | 2,088,990 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,890,280K)
= 0.00
The debt-to-capital ratio for Under Armour Inc A, as of December 31, 2021, stands at 0.24. This indicates that 24% of the company's capital structure is made up of debt.
However, in the subsequent periods, as of March 31, 2022, March 31, 2023, March 31, 2024, and March 31, 2025, the debt-to-capital ratio has decreased to 0.00. This suggests that the company has significantly reduced its debt levels in relation to its total capital over these periods.
A decreasing debt-to-capital ratio reflects a healthier financial position for the company, as it signifies a lower reliance on debt to fund its operations and investments. It may indicate that the company is managing its debt effectively, improving its financial stability, and potentially reducing its financial risk.
Peer comparison
Mar 31, 2025