VF Corporation (VFC)

Debt-to-capital ratio

		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	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	4,687,110	—	—	—	5,694,730	—	—	—	4,567,020	—	—	—	5,690,860	—	—	—	2,585,510
Total stockholders’ equity	US$ in thousands	1,680,230	1,406,370	1,387,900	1,658,360	2,109,190	2,210,040	2,716,760	2,910,710	3,319,630	3,085,640	3,352,490	3,530,360	3,653,400	3,598,480	3,274,030	3,056,160	3,138,170	2,945,240	2,912,600	3,357,330
Debt-to-capital ratio		0.00	0.00	0.00	0.74	0.00	0.00	0.00	0.66	0.00	0.00	0.00	0.56	0.00	0.00	0.00	0.65	0.00	0.00	0.00	0.44

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,680,230K)
= 0.00

The debt-to-capital ratio for VF Corporation has fluctuated over the years based on the provided data. As of December 31, 2024, the ratio stood at 0.00, indicating that the company had no debt relative to its capital at that time. This suggests a strong financial position with a lower reliance on debt financing.

However, the ratio increased to 0.74 as of March 31, 2024, indicating a higher proportion of debt in the company's capital structure. This could suggest an increase in the company's debt levels compared to its total capital, which may raise concerns about the company's leverage and solvency.

Overall, the debt-to-capital ratio can provide insight into the company's financing strategy and risk profile. Monitoring changes in this ratio over time can help assess the company's ability to meet its financial obligations and its overall financial health.