Century Communities Inc (CCS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,532,470 | 4,139,360 | 3,773,770 | 3,496,880 | 2,845,090 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,532,470K
= 0.00
The debt-to-assets ratio for Century Communities Inc over the past five years has consistently remained at 0.00. This indicates that the company has not used debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that all assets are financed through equity, which may signify a strong financial position and lower risk in terms of debt obligations. However, it is essential to note that a low debt-to-assets ratio, while reflecting financial stability, may also indicate missed opportunities for additional growth through leverage. It would be prudent for investors and stakeholders to further investigate the company's capital structure and financing strategies to gain a more comprehensive understanding of its financial health and risk management practices.
Peer comparison
Dec 31, 2024