Stock Analysis on Net
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.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Deckers Outdoor Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Short-term borrowings 0.00 0.00 0.00 0.04 0.04 0.05
Trade accounts payable 10.39 14.04 10.69 8.38 8.76 7.43
Accrued payroll 2.50 2.90 3.65 2.40 3.82 4.40
Current portion of operating lease liabilities 1.99 2.15 2.16 2.78 0.00 0.00
Other accrued expenses 3.39 3.49 3.18 2.62 3.36 1.93
Income tax payable 0.68 0.53 1.70 0.63 1.35 0.87
Value added tax payable 0.51 0.12 0.23 0.21 0.23 0.28
Current liabilities 19.46% 23.23% 21.61% 17.05% 17.55% 14.96%
Mortgage payable 0.00 0.00 0.00 1.71 2.17 2.49
Long-term operating lease liabilities 7.66 7.37 8.13 12.22 0.00 0.00
Income tax liability 2.43 2.33 2.77 3.60 4.25 5.12
Deferred rent obligations 0.00 0.00 0.00 0.00 1.48 1.78
Other long-term liabilities 1.38 1.09 0.86 0.82 1.33 1.24
Long-term liabilities 11.47% 10.79% 11.77% 18.36% 9.22% 10.63%
Total liabilities 30.92% 34.02% 33.38% 35.41% 26.77% 25.59%
Common stock, $0.01 par value 0.01 0.01 0.01 0.02 0.02 0.02
Additional paid-in capital 9.11 9.04 9.38 10.85 12.49 13.25
Retained earnings 61.48 58.00 58.01 55.18 62.31 62.15
Accumulated other comprehensive loss -1.53 -1.07 -0.77 -1.45 -1.59 -1.03
Stockholders’ equity 69.08% 65.98% 66.62% 64.59% 73.23% 74.41%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

Short-term borrowings
Remained consistently low between 0.04% and 0.05% of total liabilities and stockholders’ equity from 2018 to 2020, with no data available thereafter.
Trade accounts payable
Displayed an increasing trend from 7.43% in 2018 to a peak of 14.04% in 2022, followed by a decline to 10.39% in 2023, indicating fluctuations in short-term obligations to suppliers.
Accrued payroll
Gradually decreased over the period, from 4.4% in 2018 down to 2.5% in 2023, suggesting a reduction in accrued employee compensation relative to total liabilities and equity.
Current portion of operating lease liabilities
Was first recorded in 2020 at 2.78%, then decreased steadily to 1.99% in 2023, implying a diminishing short-term lease liability burden.
Other accrued expenses
Fluctuated moderately, peaking at 3.49% in 2022 before a slight reduction to 3.39% in 2023, indicating relatively stable other accrued costs.
Income tax payable
Exhibited volatility, increasing from 0.87% in 2018 to 1.7% in 2021, then declining and stabilizing around 0.6%-0.7% in the most recent year.
Value added tax payable
Maintained low levels initially but showed an increase in 2023 to 0.51%, the highest in the observed period, reflecting increased VAT obligations.
Current liabilities
Expanded significantly from 14.96% in 2018 to 23.23% in 2022 before receding to 19.46% in 2023, highlighting a rise and subsequent partial moderation in short-term liabilities.
Mortgage payable
Demonstrated a decline from 2.49% in 2018 to 1.71% in 2020, with no subsequent data provided.
Long-term operating lease liabilities
Became significant starting in 2020 at 12.22%, then decreased progressively to around 7.66% in 2023, indicating a reduction in lease-related long-term commitments.
Income tax liability
Decreased steadily from 5.12% in 2018 to 2.33% in 2022, with a slight increase to 2.43% in 2023, suggesting a decline in deferred tax liabilities over time.
Deferred rent obligations
Recorded only in 2018 and 2019, declining from 1.78% to 1.48%, with no data thereafter, perhaps reflecting changes in reporting or reclassification.
Other long-term liabilities
Remained relatively stable, fluctuating between 0.82% and 1.38% across the years, indicating minor variation in miscellaneous long-term obligations.
Long-term liabilities
Showed notable variability, spiking to 18.36% in 2020 from around 10%, then declining and stabilizing near 11.5% recently, which may be impacted by the lease liability adjustments.
Total liabilities
Increased from 25.59% in 2018 to a peak of 35.41% in 2020, then trended downward to 30.92% in 2023, indicating a period of rising indebtedness followed by partial reduction.
Common stock, $0.01 par value
Remained negligible and stable at approximately 0.01%-0.02% throughout the period, reflecting minimal impact on capital structure.
Additional paid-in capital
Declined gradually from 13.25% in 2018 to around 9.1% in 2023, signaling a reduction in capital paid in excess of par value relative to total equity and liabilities.
Retained earnings
Decreased significantly from 62.15% in 2018 to 55.18% in 2020, then recovered steadily to 61.48% in 2023, indicating an erosion and subsequent restoration of accumulated profits.
Accumulated other comprehensive loss
Varied between -1.03% and -1.59%, showing persistent but relatively small comprehensive losses affecting equity.
Stockholders’ equity
Declined from 74.41% in 2018 to 64.59% in 2020, but rebounded to 69.08% by 2023, reflecting fluctuations in net worth consistent with changes in retained earnings and capital accounts.
Total liabilities and stockholders’ equity
Remained constant at 100% as expected, ensuring the balance sheet equation was maintained.