Wolverine World Wide Inc (WWW)
Debt-to-assets 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,668,800 | 1,758,700 | 1,796,300 | 1,853,000 | 2,062,800 | 2,231,300 | 2,357,300 | 2,416,700 | 2,492,700 | 3,170,600 | 2,949,000 | 2,746,000 | 2,586,400 | 2,681,400 | 2,303,600 | 2,267,300 | 2,137,400 | 2,501,100 | 2,589,400 | 2,753,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,668,800K
= 0.00
Wolverine World Wide Inc has consistently maintained a debt-to-assets ratio of 0.00 across all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not incurred any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has not relied on borrowing to finance its operations and growth, which can be viewed positively as it reflects a strong financial position and a low level of financial risk. The stability of this ratio over the years indicates that the company has been effectively managing its capital structure and maintaining a healthy balance between debt and assets. It also highlights the company's ability to fund its activities using internal resources rather than external financing, which can contribute to long-term financial stability and sustainability.
Peer comparison
Dec 31, 2024