Dream Finders Homes Inc (DFH)

Debt-to-assets ratio

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	3,324,660	2,985,200	2,716,930	2,562,440	2,384,050	2,288,230	2,308,800	2,371,140	2,287,260	2,112,790	1,992,470	1,894,250	1,232,580	932,282	866,722
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,324,660K
= 0.00

The debt-to-assets ratio of Dream Finders Homes Inc has consistently been reported as 0.00 for the periods displayed in the table. This suggests that the company has not utilized debt as a source of financing relative to its total assets during these periods. A debt-to-assets ratio of 0.00 indicates that the company's assets are entirely financed by equity, implying a low financial risk in terms of leveraging debt. While this may signal financial stability and a strong equity position, it is important to consider the overall capital structure and the potential implications of having a minimal level of debt in the company's financial strategy.