Under Armour Inc A (UAA)

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 A has shown a general declining trend from 3.52 as of June 30, 2020, to 2.21 as of March 31, 2024, before experiencing an increase to 2.68 as of June 30, 2024. This indicator measures the company's level of debt relative to its equity, suggesting that the company has been reducing its reliance on debt financing and is increasingly financing its operations through equity. However, the ratio increased slightly in the most recent period, indicating a potential shift back towards higher debt usage or changes in the company's capital structure. The financial leverage ratio can provide insights into a company's risk exposure and financial stability, highlighting its ability to meet debt obligations and its resilience against financial downturns.