Deckers Outdoor (Deckers Outdoor) Cash-to-Debt : 6.03 (As of Dec. 2023)

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What is Deckers Outdoor Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Deckers Outdoor's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.03.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Deckers Outdoor could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Deckers Outdoor's Cash-to-Debt or its related term are showing as below:

DECK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 4 Max: 48.72
Current: 6.03

During the past 13 years, Deckers Outdoor's highest Cash to Debt Ratio was 48.72. The lowest was 0.29. And the median was 4.00.

DECK's Cash-to-Debt is ranked better than
82.92% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs DECK: 6.03

Deckers Outdoor Cash-to-Debt Historical Data

The historical data trend for Deckers Outdoor's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Deckers Outdoor Cash-to-Debt Chart

Deckers Outdoor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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18.72

2.20

4.88

3.80

3.98

Deckers Outdoor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.28	3.98	4.02	3.28	6.03

Competitive Comparison of Deckers Outdoor's Cash-to-Debt

For the Footwear & Accessories subindustry, Deckers Outdoor's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Deckers Outdoor's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deckers Outdoor's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Deckers Outdoor's Cash-to-Debt falls into.

Deckers Outdoor Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Deckers Outdoor's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	981.795	/	(50.765	+	195.723)
	=	3.98

Deckers Outdoor's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1650.802	/	(51.124	+	222.867)
	=	6.03

Deckers Outdoor (NYSE:DECK) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Deckers Outdoor Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Deckers Outdoor's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Deckers Outdoor (Deckers Outdoor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Deckers Outdoor Corp (NYSE:DECK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DO2:Germany

Address

250 Coromar Drive, Goleta, CA, USA, 93117

Website

https://www.deckers.com

Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.

Executives

David Powers	officer: President, Direct to Consumer	495-A SOUTH FAIRVIEW AVE, GOLETA CA 93117
Caroti Stefano	officer: President of Omni Channel	250 COROMAR DRIVE, GOLETA CA 93117
Devine Michael F Iii	director	COACH, 516 W 34TH STREET, NEW YORK NY 1001
Thomas Garcia	officer: SVP, General Counsel	250 COROMAR DRIVE, GOLETA CA 93117
Steven J. Fasching	officer: Chief Financial Officer	250 COROMAR DRIVE, GOLETA CA 93117
Angela Ogbechie	officer: Chief Supply Chain Officer	250 COROMAR DRIVE, GOLETA CA 93117
Lauri M Shanahan	director	C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Anne Spangenberg	officer: President, Fashion Lifestyle	250 COROMAR DRIVE, GOLETA CA 93117
David E. Lafitte	officer: COO	250 COROMAR DRIVE, GOLETA CA 93117
Wendy W Yang	officer: President, PLG	250 COROMAR DRIVE, GOLETA CA 93117
David A Burwick	director	32 AUTUMN LANE, NEW CANAAN CT 06840
Maha Saleh Ibrahim	director	2765 SAND HILL ROAD, MENLO PARK CA 94025
Andrea O'donnell	officer: President, Fashion Lifestyle	250 COROMAR DRIVE, GOLETA CA 93117
Victor Luis	director	10 HUDSON YARDS, NEW YORK NY 10001