VF Corporation (VFC)
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 | — | 10,554,200 | 12,219,600 | 11,541,400 | 11,613,000 | 12,616,500 | 13,142,400 | 14,043,900 | 13,990,500 | 14,313,300 | 13,784,100 | 13,211,800 | 13,342,200 | 13,536,300 | 13,889,100 | 13,550,400 | 13,754,000 | 13,744,300 | 12,941,300 | 12,479,000 |
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 |
Financial leverage ratio | — | 6.28 | 8.69 | 8.32 | 7.00 | 5.98 | 5.95 | 5.17 | 4.81 | 4.31 | 4.47 | 3.94 | 3.78 | 3.71 | 3.86 | 4.14 | 4.50 | 4.38 | 4.39 | 4.28 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio of VF Corporation has exhibited some fluctuations over the reported periods. The financial leverage ratio indicates the extent to which the company relies on debt to finance its operations and growth.
From June 30, 2020, to June 30, 2021, the ratio generally increased from 4.28 to 4.14, suggesting a decrease in the company's reliance on debt. This trend continued until September 30, 2021, where the ratio further decreased to 3.86, indicating a potential reduction in financial risk.
However, from December 31, 2021, to December 31, 2023, the financial leverage ratio steadily increased from 3.71 to 5.98. Such an increase may imply a greater proportion of debt in the company's capital structure, potentially indicating increased financial risk and leverage.
The ratio took a significant jump to 7.00 on March 31, 2024, and further increased to 8.69 by September 30, 2024. This steep rise in the ratio could indicate a substantial increase in debt relative to the company's equity, signaling heightened financial risk and leverage during these periods.
The last reported value on December 31, 2024, showed a decline in the financial leverage ratio to 6.28. This reduction may indicate that the company took steps to lower its reliance on debt or improve its equity position.
Notably, the data for March 31, 2025, is not available, creating a gap in the analysis of the trend. Overall, the fluctuations in VF Corporation's financial leverage ratio suggest varying degrees of reliance on debt over the reported periods, impacting the company's financial risk and capital structure.
Peer comparison
Mar 31, 2025