Dream Finders Homes Inc (DFH)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — |
| Total assets | US$ in thousands | 2,562,440 | 2,371,140 | 1,894,250 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,562,440K
= 0.00
The debt-to-assets ratio for Dream Finders Homes Inc has been consistently at 0.00 for the years 2021, 2022, and 2023. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 implies that the company's assets are fully financed by equity rather than debt, suggesting a strong financial position with no financial leverage. While a low debt-to-assets ratio signifies less financial risk and may indicate financial stability, it might also indicate missed opportunities for leverage and potential tax benefits associated with debt financing. It is important to note that a context-specific analysis considering industry standards and business strategies would provide deeper insights into the company's capital structure and financial health.
Peer comparison
Dec 31, 2023