Dream Finders Homes Inc (DFH)

Debt-to-capital ratio

Dec 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,244,920 1,115,070 1,047,490 968,709 924,584 986,072 919,479 850,475 800,693 716,372 647,155 595,792 556,383
Debt-to-capital 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

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,244,920K)
= 0.00

Dream Finders Homes Inc has consistently maintained a debt-to-capital ratio of 0.00% from December 31, 2021, to December 31, 2024. This implies that the company has not utilized debt financing to support its operations or investments during this period. A debt-to-capital ratio of 0.00% indicates that the company's capital structure is primarily composed of equity. This may suggest a conservative financial strategy, as the company is not relying on debt to fund its activities. Investors and creditors may view a low debt-to-capital ratio positively as it signifies a lower financial risk and a strong financial position.