Stock Analysis on Net

Deckers Outdoor Corp. (NYSE:DECK)

This company has been moved to the archive! The financial data has not been updated since February 5, 2024.

Analysis of Solvency Ratios
Quarterly Data

Microsoft Excel

Solvency Ratios (Summary)

Deckers Outdoor Corp., solvency ratios (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Debt Ratios
Debt to equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03 0.03 0.03 0.05 0.03 0.03 0.03 0.12 0.04 0.03 0.03 0.17 0.04
Debt to equity (including operating lease liability) 0.13 0.14 0.14 0.14 0.11 0.13 0.14 0.14 0.14 0.16 0.16 0.15 0.17 0.23 0.25 0.26 0.25 0.32 0.29 0.03 0.03 0.12 0.04 0.03 0.03 0.17 0.04
Debt to capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03 0.03 0.03 0.05 0.03 0.03 0.03 0.11 0.03 0.03 0.03 0.15 0.03
Debt to capital (including operating lease liability) 0.12 0.12 0.13 0.12 0.10 0.12 0.12 0.13 0.12 0.14 0.14 0.13 0.15 0.19 0.20 0.21 0.20 0.24 0.22 0.03 0.03 0.11 0.03 0.03 0.03 0.15 0.03
Debt to assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.02 0.02 0.03 0.02 0.02 0.02 0.07 0.02 0.03 0.02 0.11 0.03
Debt to assets (including operating lease liability) 0.08 0.09 0.09 0.10 0.07 0.08 0.08 0.10 0.09 0.10 0.10 0.10 0.11 0.14 0.15 0.17 0.15 0.17 0.16 0.02 0.02 0.07 0.02 0.03 0.02 0.11 0.03
Financial leverage 1.59 1.59 1.58 1.45 1.59 1.63 1.71 1.52 1.63 1.65 1.61 1.50 1.57 1.65 1.63 1.55 1.68 1.85 1.76 1.37 1.52 1.68 1.54 1.34 1.48 1.57 1.39
Coverage Ratios
Interest coverage 298.56 237.30 204.37 194.52 252.42 238.41 251.11 272.07 98.66 105.92 100.62 84.20 84.02 83.40 72.20 68.55 99.97 78.59 75.00 71.57 72.45 54.18 50.51 49.13

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity.
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Deckers Outdoor Corp. debt to equity ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity.
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Deckers Outdoor Corp. debt to capital ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets.
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Deckers Outdoor Corp. debt to assets ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Deckers Outdoor Corp. financial leverage ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Deckers Outdoor Corp. interest coverage ratio improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Debt to Equity

Deckers Outdoor Corp., debt to equity calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
 
Stockholders’ equity 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,520,121 1,242,964 1,136,928 1,140,120 1,123,747 916,304 995,279 1,045,130 1,017,881 846,787 902,151 940,779 1,032,869 968,826 913,674
Solvency Ratio
Debt to equity1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03 0.03 0.03 0.05 0.03 0.03 0.03 0.12 0.04 0.03 0.03 0.17 0.04
Benchmarks
Debt to Equity, Competitors2
lululemon athletica inc. 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 0.00 0.08 0.00
Nike Inc. 0.63 0.63 0.64 0.64 0.65 0.62 0.60 0.62 0.64 0.63 0.66 0.74 0.79 0.89 1.03 1.20 0.38 0.40 0.40 0.38 0.39 0.40 0.39

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 0 ÷ 2,104,190 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity.

Debt to Equity (including Operating Lease Liability)

Deckers Outdoor Corp., debt to equity (including operating lease liability) calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
Current portion of operating lease liabilities 51,124 49,496 51,234 50,765 49,298 46,886 47,490 50,098 48,290 48,867 46,279 46,768 47,774 48,728 48,009 49,091 47,521 48,944 48,139
Long-term operating lease liabilities 222,867 201,572 209,367 195,723 151,107 150,259 159,305 171,972 171,314 182,089 185,777 176,274 186,934 196,861 205,555 215,724 192,562 201,578 206,888
Total debt (including operating lease liability) 273,991 251,068 260,601 246,488 200,405 197,145 206,795 222,070 219,604 230,956 232,056 223,042 265,139 285,492 284,311 295,716 277,158 294,713 286,385 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
 
Stockholders’ equity 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,520,121 1,242,964 1,136,928 1,140,120 1,123,747 916,304 995,279 1,045,130 1,017,881 846,787 902,151 940,779 1,032,869 968,826 913,674
Solvency Ratio
Debt to equity (including operating lease liability)1 0.13 0.14 0.14 0.14 0.11 0.13 0.14 0.14 0.14 0.16 0.16 0.15 0.17 0.23 0.25 0.26 0.25 0.32 0.29 0.03 0.03 0.12 0.04 0.03 0.03 0.17 0.04
Benchmarks
Debt to Equity (including Operating Lease Liability), Competitors2
lululemon athletica inc. 0.33 0.34 0.33 0.34 0.34 0.33 0.34 0.32 0.32 0.30 0.30 0.31 0.36 0.39 0.43 0.38 0.42 0.46 0.49 0.00 0.00 0.08 0.00
Nike Inc. 0.85 0.86 0.87 0.87 0.86 0.82 0.80 0.83 0.85 0.85 0.89 1.00 1.08 1.20 1.41 1.62 0.74 0.74 0.74 0.38 0.39 0.40 0.39

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 273,991 ÷ 2,104,190 = 0.13

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. Deckers Outdoor Corp. debt to equity ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Debt to Capital

Deckers Outdoor Corp., debt to capital calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
Stockholders’ equity 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,520,121 1,242,964 1,136,928 1,140,120 1,123,747 916,304 995,279 1,045,130 1,017,881 846,787 902,151 940,779 1,032,869 968,826 913,674
Total capital 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,550,552 1,282,867 1,167,675 1,171,021 1,160,822 960,495 1,026,637 1,076,634 1,049,537 949,470 934,094 972,861 1,065,096 1,134,103 946,174
Solvency Ratio
Debt to capital1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03 0.03 0.03 0.05 0.03 0.03 0.03 0.11 0.03 0.03 0.03 0.15 0.03
Benchmarks
Debt to Capital, Competitors2
lululemon athletica inc. 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 0.00 0.07 0.00
Nike Inc. 0.39 0.39 0.39 0.39 0.39 0.38 0.37 0.38 0.39 0.39 0.40 0.42 0.44 0.47 0.51 0.55 0.28 0.29 0.29 0.28 0.28 0.29 0.28

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 0 ÷ 2,104,190 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity.

Debt to Capital (including Operating Lease Liability)

Deckers Outdoor Corp., debt to capital (including operating lease liability) calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
Current portion of operating lease liabilities 51,124 49,496 51,234 50,765 49,298 46,886 47,490 50,098 48,290 48,867 46,279 46,768 47,774 48,728 48,009 49,091 47,521 48,944 48,139
Long-term operating lease liabilities 222,867 201,572 209,367 195,723 151,107 150,259 159,305 171,972 171,314 182,089 185,777 176,274 186,934 196,861 205,555 215,724 192,562 201,578 206,888
Total debt (including operating lease liability) 273,991 251,068 260,601 246,488 200,405 197,145 206,795 222,070 219,604 230,956 232,056 223,042 265,139 285,492 284,311 295,716 277,158 294,713 286,385 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
Stockholders’ equity 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,520,121 1,242,964 1,136,928 1,140,120 1,123,747 916,304 995,279 1,045,130 1,017,881 846,787 902,151 940,779 1,032,869 968,826 913,674
Total capital (including operating lease liability) 2,378,181 2,046,198 2,062,722 2,012,221 1,969,577 1,712,984 1,679,202 1,760,895 1,784,346 1,694,702 1,651,043 1,667,267 1,785,260 1,528,456 1,421,239 1,435,836 1,400,905 1,211,017 1,281,664 1,076,634 1,049,537 949,470 934,094 972,861 1,065,096 1,134,103 946,174
Solvency Ratio
Debt to capital (including operating lease liability)1 0.12 0.12 0.13 0.12 0.10 0.12 0.12 0.13 0.12 0.14 0.14 0.13 0.15 0.19 0.20 0.21 0.20 0.24 0.22 0.03 0.03 0.11 0.03 0.03 0.03 0.15 0.03
Benchmarks
Debt to Capital (including Operating Lease Liability), Competitors2
lululemon athletica inc. 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.24 0.24 0.23 0.23 0.24 0.26 0.28 0.30 0.27 0.30 0.32 0.33 0.00 0.00 0.07 0.00
Nike Inc. 0.46 0.46 0.47 0.46 0.46 0.45 0.44 0.45 0.46 0.46 0.47 0.50 0.52 0.55 0.58 0.62 0.42 0.43 0.43 0.28 0.28 0.29 0.28

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 273,991 ÷ 2,378,181 = 0.12

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Deckers Outdoor Corp. debt to capital ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Debt to Assets

Deckers Outdoor Corp., debt to assets calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
 
Total assets 3,347,459 2,848,533 2,847,902 2,556,203 2,809,289 2,466,349 2,513,252 2,332,250 2,547,568 2,410,432 2,291,255 2,167,705 2,387,850 2,050,348 1,848,566 1,765,118 1,888,351 1,691,659 1,751,056 1,427,206 1,542,451 1,423,968 1,386,720 1,264,379 1,530,963 1,520,288 1,272,858
Solvency Ratio
Debt to assets1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.02 0.02 0.03 0.02 0.02 0.02 0.07 0.02 0.03 0.02 0.11 0.03
Benchmarks
Debt to Assets, Competitors2
lululemon athletica inc. 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 0.00 0.05 0.00
Nike Inc. 0.24 0.24 0.24 0.24 0.25 0.24 0.23 0.23 0.24 0.24 0.25 0.25 0.26 0.27 0.29 0.31 0.13 0.14 0.14 0.15 0.15 0.15 0.16

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 0 ÷ 3,347,459 = 0.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets.

Debt to Assets (including Operating Lease Liability)

Deckers Outdoor Corp., debt to assets (including operating lease liability) calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Short-term borrowings 663 9,965 646 638 6,645 13,599 611 603 600 71,473 585 578 571 133,474 557
Mortgage payable 29,768 29,938 30,101 30,263 30,430 30,592 30,747 30,901 31,056 31,210 31,358 31,504 31,656 31,803 31,943
Total debt 30,431 39,903 30,747 30,901 37,075 44,191 31,358 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
Current portion of operating lease liabilities 51,124 49,496 51,234 50,765 49,298 46,886 47,490 50,098 48,290 48,867 46,279 46,768 47,774 48,728 48,009 49,091 47,521 48,944 48,139
Long-term operating lease liabilities 222,867 201,572 209,367 195,723 151,107 150,259 159,305 171,972 171,314 182,089 185,777 176,274 186,934 196,861 205,555 215,724 192,562 201,578 206,888
Total debt (including operating lease liability) 273,991 251,068 260,601 246,488 200,405 197,145 206,795 222,070 219,604 230,956 232,056 223,042 265,139 285,492 284,311 295,716 277,158 294,713 286,385 31,504 31,656 102,683 31,943 32,082 32,227 165,277 32,500
 
Total assets 3,347,459 2,848,533 2,847,902 2,556,203 2,809,289 2,466,349 2,513,252 2,332,250 2,547,568 2,410,432 2,291,255 2,167,705 2,387,850 2,050,348 1,848,566 1,765,118 1,888,351 1,691,659 1,751,056 1,427,206 1,542,451 1,423,968 1,386,720 1,264,379 1,530,963 1,520,288 1,272,858
Solvency Ratio
Debt to assets (including operating lease liability)1 0.08 0.09 0.09 0.10 0.07 0.08 0.08 0.10 0.09 0.10 0.10 0.10 0.11 0.14 0.15 0.17 0.15 0.17 0.16 0.02 0.02 0.07 0.02 0.03 0.02 0.11 0.03
Benchmarks
Debt to Assets (including Operating Lease Liability), Competitors2
lululemon athletica inc. 0.19 0.20 0.20 0.19 0.20 0.19 0.19 0.18 0.19 0.18 0.18 0.19 0.21 0.22 0.24 0.23 0.24 0.26 0.27 0.00 0.00 0.05 0.00
Nike Inc. 0.32 0.33 0.33 0.32 0.33 0.32 0.31 0.31 0.32 0.33 0.34 0.34 0.36 0.37 0.39 0.42 0.25 0.26 0.26 0.15 0.15 0.15 0.16

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 273,991 ÷ 3,347,459 = 0.08

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Deckers Outdoor Corp. debt to assets ratio (including operating lease liability) improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Financial Leverage

Deckers Outdoor Corp., financial leverage calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Total assets 3,347,459 2,848,533 2,847,902 2,556,203 2,809,289 2,466,349 2,513,252 2,332,250 2,547,568 2,410,432 2,291,255 2,167,705 2,387,850 2,050,348 1,848,566 1,765,118 1,888,351 1,691,659 1,751,056 1,427,206 1,542,451 1,423,968 1,386,720 1,264,379 1,530,963 1,520,288 1,272,858
Stockholders’ equity 2,104,190 1,795,130 1,802,121 1,765,733 1,769,172 1,515,839 1,472,407 1,538,825 1,564,742 1,463,746 1,418,987 1,444,225 1,520,121 1,242,964 1,136,928 1,140,120 1,123,747 916,304 995,279 1,045,130 1,017,881 846,787 902,151 940,779 1,032,869 968,826 913,674
Solvency Ratio
Financial leverage1 1.59 1.59 1.58 1.45 1.59 1.63 1.71 1.52 1.63 1.65 1.61 1.50 1.57 1.65 1.63 1.55 1.68 1.85 1.76 1.37 1.52 1.68 1.54 1.34 1.48 1.57 1.39
Benchmarks
Financial Leverage, Competitors2
lululemon athletica inc. 1.71 1.70 1.68 1.78 1.75 1.72 1.76 1.80 1.72 1.65 1.64 1.64 1.68 1.75 1.74 1.68 1.73 1.79 1.80 1.44 1.41 1.42 1.23
Nike Inc. 2.63 2.63 2.63 2.68 2.64 2.60 2.60 2.64 2.67 2.61 2.64 2.96 3.03 3.27 3.61 3.89 2.90 2.84 2.85 2.62 2.56 2.60 2.50

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 3,347,459 ÷ 2,104,190 = 1.59

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Deckers Outdoor Corp. financial leverage ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Interest Coverage

Deckers Outdoor Corp., interest coverage calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Net income (loss) 389,919 178,547 63,552 91,787 278,662 101,524 44,849 68,819 232,943 102,063 48,124 33,458 255,536 101,554 (7,973) 16,090 201,593 77,810 (19,351) 23,969 196,374 74,372 (30,407) 20,615 86,341 49,559 (42,121)
Add: Income tax expense 109,134 55,770 17,812 23,071 86,642 27,394 12,153 13,531 60,014 25,617 13,527 19,608 73,020 26,410 (99) 555 55,010 19,413 (10,254) 9,574 48,293 15,403 (8,644) (2,706) 106,712 16,762 (14,466)
Add: Interest expense 911 1,011 1,005 197 1,155 1,038 1,052 (725) 999 913 896 2,674 959 1,205 1,190 2,248 128 1,524 1,146 817 970 1,640 1,234 541 1,506 1,531 1,007
Earnings before interest and tax (EBIT) 499,964 235,328 82,369 115,055 366,459 129,956 58,054 81,625 293,956 128,593 62,547 55,740 329,515 129,169 (6,882) 18,893 256,731 98,747 (28,459) 34,360 245,637 91,415 (37,817) 18,450 194,559 67,852 (55,580)
Solvency Ratio
Interest coverage1 298.56 237.30 204.37 194.52 252.42 238.41 251.11 272.07 98.66 105.92 100.62 84.20 84.02 83.40 72.20 68.55 99.97 78.59 75.00 71.57 72.45 54.18 50.51 49.13

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Interest coverage = (EBITQ3 2024 + EBITQ2 2024 + EBITQ1 2024 + EBITQ4 2023) ÷ (Interest expenseQ3 2024 + Interest expenseQ2 2024 + Interest expenseQ1 2024 + Interest expenseQ4 2023)
= (499,964 + 235,328 + 82,369 + 115,055) ÷ (911 + 1,011 + 1,005 + 197) = 298.56

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Deckers Outdoor Corp. interest coverage ratio improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.