Century Communities Inc (CCS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,620,860K
= 0.00
The debt-to-equity ratio for Century Communities Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations and has relied solely on equity for its capital structure during this period. A debt-to-equity ratio of 0.00 signifies a conservative financial position with minimal financial leverage, potentially reducing the company's financial risk and increasing its financial stability. However, it is essential to consider other financial metrics and industry benchmarks to gain a more comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024