Wolverine World Wide Inc (WWW)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 451,700 | 288,100 | 262,100 | 252,500 | 278,600 | 362,700 | 366,900 | 326,600 | 339,000 | 656,900 | 643,900 | 596,700 | 644,400 | 626,700 | 649,100 | 625,100 | 573,000 | 754,100 | 735,900 | 735,900 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $451,700K)
= 0.00
Wolverine World Wide Inc's debt-to-capital ratio has consistently been at 0.00 for the past several quarters, indicating that the company has no debt in its capital structure. A debt-to-capital ratio of 0.00 implies that the company is entirely financed by equity, with no reliance on debt financing.
This could suggest that Wolverine World Wide Inc has a strong financial position with a low risk of financial distress due to debt obligations. However, it's important to note that a completely debt-free capital structure may also limit the company's ability to take advantage of tax benefits associated with debt financing or to leverage its capital structure for potential growth opportunities.
Overall, the consistent 0.00 debt-to-capital ratio for Wolverine World Wide Inc reflects a conservative financial strategy with a focus on maintaining a strong equity base.
Peer comparison
Dec 31, 2024