Century Communities Inc (CCS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,532,470 | 4,139,360 | 3,773,770 | 3,496,880 | 2,845,090 |
| Total stockholders’ equity | US$ in thousands | 2,620,860 | 2,386,940 | 2,150,220 | 1,764,510 | 1,280,700 |
| Financial leverage ratio | 1.73 | 1.73 | 1.76 | 1.98 | 2.22 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,532,470K ÷ $2,620,860K
= 1.73
The financial leverage ratio of Century Communities Inc has been consistently declining over the past five years. It decreased from 2.22 in December 31, 2020, to 1.73 in both December 31, 2023 and December 31, 2024. This downward trend indicates a reduction in the company's reliance on debt to finance its operations and investments. Lower leverage ratios generally suggest a lower financial risk for the company, as it indicates a smaller proportion of debt in its capital structure compared to equity. The decreasing trend in the financial leverage ratio could be a positive sign, as it may imply improving financial stability and sustainable growth prospects for Century Communities Inc.
Peer comparison
Dec 31, 2024