Wolverine World Wide Inc (WWW)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 307,300 | 278,600 | 339,000 | 644,400 | 573,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $307,300K
= 0.00
Based on the data provided, Wolverine World Wide Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure and relies solely on equity financing. This signifies a low financial risk and suggests that the company is not heavily leveraging its operations with debt. The stable and low debt-to-equity ratio over the years demonstrates financial stability and sound financial management, as the company has not taken on debt to finance its operations or growth.
Peer comparison
Dec 31, 2024