Dream Finders Homes Inc (DFH)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — |
| Total stockholders’ equity | US$ in thousands | 924,584 | 800,693 | 556,383 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $924,584K
= 0.00
The debt-to-equity 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 no debt on its balance sheet and relies entirely on equity to finance its operations and investments. A debt-to-equity ratio of 0.00 implies that the company has a conservative capital structure, with no financial leverage used to fund its activities. This scenario suggests that Dream Finders Homes Inc has a strong financial position and may be viewed favorably by investors and creditors due to its low debt levels and potentially lower financial risk.
Peer comparison
Dec 31, 2023