Century Communities Inc (CCS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,620,860 | 2,386,940 | 2,150,220 | 1,764,510 | 1,280,700 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,620,860K)
= 0.00
The debt-to-capital ratio of Century Communities Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been relying on debt to finance its operations and investments relative to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity rather than debt. This may imply lower financial risk and potentially more financial stability for Century Communities Inc, as it is not heavily leveraged. However, it is important to consider the overall context of the company's financial position and industry standards when interpreting this ratio.
Peer comparison
Dec 31, 2024