Under Armour (Under Armour) Debt-to-Asset : 0.29 (As of Dec. 2023)

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What is Under Armour Debt-to-Asset?

Under Armour's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $224 Mil. Under Armour's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,249 Mil. Under Armour's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $5,045 Mil. Under Armour's debt to asset for the quarter that ended in Dec. 2023 was 0.29.

Under Armour Debt-to-Asset Historical Data

The historical data trend for Under Armour's Debt-to-Asset 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.

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Under Armour Debt-to-Asset Chart

Under Armour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Debt-to-Asset

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0.27

0.40

0.30

0.33

0.31

Under Armour Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.32	0.31	0.31	0.31	0.29

Competitive Comparison of Under Armour's Debt-to-Asset

For the Apparel Manufacturing subindustry, Under Armour's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Under Armour's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Under Armour's Debt-to-Asset falls into.

Under Armour Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Under Armour's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(140.99	+	1380.191)	/	4857.083
	=	0.31

Under Armour's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(224.344	+	1249.34)	/	5044.506
	=	0.29

Under Armour (NYSE:UA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Under Armour Debt-to-Asset Related Terms

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Under Armour (Under Armour) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Under Armour Inc (NYSE:UA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

UAA:USA UAA:Mexico 1UAA:Italy U9RA:Germany U9R:Germany U9RA:Germany U9R:Germany U1AI34:Brazil UAA:Austria

Address

1020 Hull Street, Baltimore, MD, USA, 21230

Website

https://www.underarmour.com

Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.