Wolverine World Wide Inc (WWW)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $451,700K
= 0.00
Wolverine World Wide Inc has consistently maintained a debt-to-equity ratio of 0.00 across all the reporting periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company does not have any debt in its capital structure, or alternatively, it has a negligible amount of debt in comparison to its equity.
Having a debt-to-equity ratio of 0.00 can suggest that the company is not relying on debt financing to fund its operations and growth. While it may indicate a lower financial risk due to the absence of debt obligations, it is essential to note that a complete absence of debt can also mean missed opportunities for leveraging financial leverage to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024