Analysis of Solvency Ratios
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Deckers Outdoor Corp., solvency ratios
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).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | |
| Debt to equity ratio (including operating lease liability) | 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 2021 to 2022 and from 2022 to 2023. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | |
| Debt to capital ratio (including operating lease liability) | 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 2021 to 2022 and from 2022 to 2023. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | |
| Debt to assets ratio (including operating lease liability) | 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 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Deckers Outdoor Corp. financial leverage ratio increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |
| 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 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Deckers Outdoor Corp. fixed charge coverage ratio improved from 2021 to 2022 and from 2022 to 2023. |
Debt to Equity
Deckers Outdoor Corp., debt to equity calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Stockholders’ equity | 1,765,733) | 1,538,825) | 1,444,225) | 1,140,120) | 1,045,130) | 940,779) | |
| Solvency Ratio | |||||||
| Debt to equity1 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 | |
| Benchmarks | |||||||
| Debt to Equity, Competitors2 | |||||||
| lululemon athletica inc. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Nike Inc. | 0.64 | 0.62 | 0.74 | 1.20 | 0.38 | 0.39 | |
| Debt to Equity, Sector | |||||||
| Consumer Durables & Apparel | 0.52 | 0.52 | 0.61 | 0.97 | 0.33 | — | |
| Debt to Equity, Industry | |||||||
| Consumer Discretionary | 1.42 | 1.62 | 1.57 | 2.27 | 2.45 | — | |
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).
1 2023 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 0 ÷ 1,765,733 = 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, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Current portion of operating lease liabilities | 50,765) | 50,098) | 46,768) | 49,091) | —) | —) | |
| Long-term operating lease liabilities | 195,723) | 171,972) | 176,274) | 215,724) | —) | —) | |
| Total debt (including operating lease liability) | 246,488) | 222,070) | 223,042) | 295,716) | 31,504) | 32,082) | |
| Stockholders’ equity | 1,765,733) | 1,538,825) | 1,444,225) | 1,140,120) | 1,045,130) | 940,779) | |
| Solvency Ratio | |||||||
| Debt to equity (including operating lease liability)1 | 0.14 | 0.14 | 0.15 | 0.26 | 0.03 | 0.03 | |
| Benchmarks | |||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||
| lululemon athletica inc. | 0.34 | 0.32 | 0.31 | 0.38 | 0.00 | — | |
| Nike Inc. | 0.87 | 0.83 | 1.00 | 1.62 | 0.38 | 0.39 | |
| Debt to Equity (including Operating Lease Liability), Sector | |||||||
| Consumer Durables & Apparel | 0.77 | 0.75 | 0.89 | 1.37 | 0.33 | — | |
| Debt to Equity (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | 1.77 | 2.00 | 1.93 | 2.70 | 2.71 | — | |
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).
1 2023 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 246,488 ÷ 1,765,733 = 0.14
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio (including operating lease liability) | 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 2021 to 2022 and from 2022 to 2023. |
Debt to Capital
Deckers Outdoor Corp., debt to capital calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Stockholders’ equity | 1,765,733) | 1,538,825) | 1,444,225) | 1,140,120) | 1,045,130) | 940,779) | |
| Total capital | 1,765,733) | 1,538,825) | 1,444,225) | 1,171,021) | 1,076,634) | 972,861) | |
| Solvency Ratio | |||||||
| Debt to capital1 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 | |
| Benchmarks | |||||||
| Debt to Capital, Competitors2 | |||||||
| lululemon athletica inc. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Nike Inc. | 0.39 | 0.38 | 0.42 | 0.55 | 0.28 | 0.28 | |
| Debt to Capital, Sector | |||||||
| Consumer Durables & Apparel | 0.34 | 0.34 | 0.38 | 0.49 | 0.25 | — | |
| Debt to Capital, Industry | |||||||
| Consumer Discretionary | 0.59 | 0.62 | 0.61 | 0.69 | 0.71 | — | |
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).
1 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 0 ÷ 1,765,733 = 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, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Current portion of operating lease liabilities | 50,765) | 50,098) | 46,768) | 49,091) | —) | —) | |
| Long-term operating lease liabilities | 195,723) | 171,972) | 176,274) | 215,724) | —) | —) | |
| Total debt (including operating lease liability) | 246,488) | 222,070) | 223,042) | 295,716) | 31,504) | 32,082) | |
| Stockholders’ equity | 1,765,733) | 1,538,825) | 1,444,225) | 1,140,120) | 1,045,130) | 940,779) | |
| Total capital (including operating lease liability) | 2,012,221) | 1,760,895) | 1,667,267) | 1,435,836) | 1,076,634) | 972,861) | |
| Solvency Ratio | |||||||
| Debt to capital (including operating lease liability)1 | 0.12 | 0.13 | 0.13 | 0.21 | 0.03 | 0.03 | |
| Benchmarks | |||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||
| lululemon athletica inc. | 0.25 | 0.24 | 0.24 | 0.27 | 0.00 | — | |
| Nike Inc. | 0.46 | 0.45 | 0.50 | 0.62 | 0.28 | 0.28 | |
| Debt to Capital (including Operating Lease Liability), Sector | |||||||
| Consumer Durables & Apparel | 0.44 | 0.43 | 0.47 | 0.58 | 0.25 | — | |
| Debt to Capital (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | 0.64 | 0.67 | 0.66 | 0.73 | 0.73 | — | |
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).
1 2023 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 246,488 ÷ 2,012,221 = 0.12
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio (including operating lease liability) | 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 2021 to 2022 and from 2022 to 2023. |
Debt to Assets
Deckers Outdoor Corp., debt to assets calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Total assets | 2,556,203) | 2,332,250) | 2,167,705) | 1,765,118) | 1,427,206) | 1,264,379) | |
| Solvency Ratio | |||||||
| Debt to assets1 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.03 | |
| Benchmarks | |||||||
| Debt to Assets, Competitors2 | |||||||
| lululemon athletica inc. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Nike Inc. | 0.24 | 0.23 | 0.25 | 0.31 | 0.15 | 0.17 | |
| Debt to Assets, Sector | |||||||
| Consumer Durables & Apparel | 0.21 | 0.21 | 0.22 | 0.28 | 0.13 | — | |
| Debt to Assets, Industry | |||||||
| Consumer Discretionary | 0.35 | 0.36 | 0.37 | 0.42 | 0.44 | — | |
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).
1 2023 Calculation
Debt to assets = Total debt ÷ Total assets
= 0 ÷ 2,556,203 = 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, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Short-term borrowings | —) | —) | —) | 638) | 603) | 578) | |
| Mortgage payable | —) | —) | —) | 30,263) | 30,901) | 31,504) | |
| Total debt | —) | —) | —) | 30,901) | 31,504) | 32,082) | |
| Current portion of operating lease liabilities | 50,765) | 50,098) | 46,768) | 49,091) | —) | —) | |
| Long-term operating lease liabilities | 195,723) | 171,972) | 176,274) | 215,724) | —) | —) | |
| Total debt (including operating lease liability) | 246,488) | 222,070) | 223,042) | 295,716) | 31,504) | 32,082) | |
| Total assets | 2,556,203) | 2,332,250) | 2,167,705) | 1,765,118) | 1,427,206) | 1,264,379) | |
| Solvency Ratio | |||||||
| Debt to assets (including operating lease liability)1 | 0.10 | 0.10 | 0.10 | 0.17 | 0.02 | 0.03 | |
| Benchmarks | |||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||
| lululemon athletica inc. | 0.19 | 0.18 | 0.19 | 0.23 | 0.00 | — | |
| Nike Inc. | 0.32 | 0.31 | 0.34 | 0.42 | 0.15 | 0.17 | |
| Debt to Assets (including Operating Lease Liability), Sector | |||||||
| Consumer Durables & Apparel | 0.31 | 0.30 | 0.32 | 0.40 | 0.13 | — | |
| Debt to Assets (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | 0.44 | 0.45 | 0.45 | 0.50 | 0.49 | — | |
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).
1 2023 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 246,488 ÷ 2,556,203 = 0.10
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio (including operating lease liability) | 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 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Financial Leverage
Deckers Outdoor Corp., financial leverage calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Total assets | 2,556,203) | 2,332,250) | 2,167,705) | 1,765,118) | 1,427,206) | 1,264,379) | |
| Stockholders’ equity | 1,765,733) | 1,538,825) | 1,444,225) | 1,140,120) | 1,045,130) | 940,779) | |
| Solvency Ratio | |||||||
| Financial leverage1 | 1.45 | 1.52 | 1.50 | 1.55 | 1.37 | 1.34 | |
| Benchmarks | |||||||
| Financial Leverage, Competitors2 | |||||||
| lululemon athletica inc. | 1.78 | 1.80 | 1.64 | 1.68 | 1.44 | — | |
| Nike Inc. | 2.68 | 2.64 | 2.96 | 3.89 | 2.62 | 2.30 | |
| Financial Leverage, Sector | |||||||
| Consumer Durables & Apparel | 2.51 | 2.51 | 2.74 | 3.46 | 2.46 | — | |
| Financial Leverage, Industry | |||||||
| Consumer Discretionary | 4.05 | 4.45 | 4.27 | 5.43 | 5.59 | — | |
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).
1 2023 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 2,556,203 ÷ 1,765,733 = 1.45
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 2021 to 2022 but then decreased significantly from 2022 to 2023. |
Interest Coverage
Deckers Outdoor Corp., interest coverage calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net income | 516,822) | 451,949) | 382,575) | 276,142) | 264,308) | 114,394) | |
| Add: Income tax expense | 149,260) | 112,689) | 118,939) | 64,724) | 64,626) | 106,302) | |
| Add: Interest expense | 3,442) | 2,083) | 6,028) | 5,046) | 4,661) | 4,585) | |
| Earnings before interest and tax (EBIT) | 669,524) | 566,721) | 507,542) | 345,912) | 333,595) | 225,281) | |
| Solvency Ratio | |||||||
| Interest coverage1 | 194.52 | 272.07 | 84.20 | 68.55 | 71.57 | 49.13 | |
| Benchmarks | |||||||
| Interest Coverage, Competitors2 | |||||||
| lululemon athletica inc. | — | — | — | — | — | — | |
| Nike Inc. | 22.31 | 23.24 | 23.50 | 20.12 | 37.65 | 35.88 | |
| Interest Coverage, Sector | |||||||
| Consumer Durables & Apparel | 26.89 | 27.71 | 26.27 | 26.06 | 43.11 | — | |
| Interest Coverage, Industry | |||||||
| Consumer Discretionary | 10.56 | 7.69 | 10.79 | 6.23 | 9.81 | — | |
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).
1 2023 Calculation
Interest coverage = EBIT ÷ Interest expense
= 669,524 ÷ 3,442 = 194.52
2 Click competitor name to see calculations.
| 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 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Fixed Charge Coverage
Deckers Outdoor Corp., fixed charge coverage calculation, comparison to benchmarks
| Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net income | 516,822) | 451,949) | 382,575) | 276,142) | 264,308) | 114,394) | |
| Add: Income tax expense | 149,260) | 112,689) | 118,939) | 64,724) | 64,626) | 106,302) | |
| Add: Interest expense | 3,442) | 2,083) | 6,028) | 5,046) | 4,661) | 4,585) | |
| Earnings before interest and tax (EBIT) | 669,524) | 566,721) | 507,542) | 345,912) | 333,595) | 225,281) | |
| Add: Rent expense for operating leases | 52,961) | 51,126) | 52,849) | 57,966) | 74,085) | 75,455) | |
| Earnings before fixed charges and tax | 722,485) | 617,847) | 560,391) | 403,878) | 407,680) | 300,736) | |
| Interest expense | 3,442) | 2,083) | 6,028) | 5,046) | 4,661) | 4,585) | |
| Rent expense for operating leases | 52,961) | 51,126) | 52,849) | 57,966) | 74,085) | 75,455) | |
| Fixed charges | 56,403) | 53,209) | 58,877) | 63,012) | 78,746) | 80,040) | |
| Solvency Ratio | |||||||
| Fixed charge coverage1 | 12.81 | 11.61 | 9.52 | 6.41 | 5.18 | 3.76 | |
| Benchmarks | |||||||
| Fixed Charge Coverage, Competitors2 | |||||||
| lululemon athletica inc. | 6.42 | 7.19 | 5.23 | 6.09 | 4.61 | — | |
| Nike Inc. | 8.08 | 8.46 | 8.53 | 5.01 | 6.00 | 5.58 | |
| Fixed Charge Coverage, Sector | |||||||
| Consumer Durables & Apparel | 7.72 | 8.21 | 7.94 | 5.22 | 5.76 | — | |
| Fixed Charge Coverage, Industry | |||||||
| Consumer Discretionary | 4.72 | 3.35 | 5.00 | 3.18 | 4.31 | — | |
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).
1 2023 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= 722,485 ÷ 56,403 = 12.81
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Deckers Outdoor Corp. fixed charge coverage ratio improved from 2021 to 2022 and from 2022 to 2023. |