DR Horton Inc (DHI)

Financial leverage 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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Total assets	US$ in thousands	36,104,300	35,151,400	34,398,200	33,381,600	32,582,400	32,323,100	31,170,800	30,264,500	30,351,100	28,869,900	26,685,300	24,999,400	24,015,900	21,793,500	21,083,800	19,780,400	18,912,300	17,973,900	17,130,000	16,322,900
Total stockholders’ equity	US$ in thousands	25,312,800	24,656,500	23,815,500	23,153,400	22,696,200	21,656,400	20,712,700	20,153,300	19,396,300	18,062,500	16,774,900	15,677,700	14,886,500	13,802,900	12,963,100	12,485,200	11,840,000	11,048,000	10,458,000	10,227,400
Financial leverage ratio		1.43	1.43	1.44	1.44	1.44	1.49	1.50	1.50	1.56	1.60	1.59	1.59	1.61	1.58	1.63	1.58	1.60	1.63	1.64	1.60

September 30, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $36,104,300K ÷ $25,312,800K
= 1.43

DR Horton Inc's financial leverage ratio has shown some fluctuations over the past few years, ranging from 1.43 to 1.64. The ratio indicates that the company's capital structure has been relatively stable, with a moderate level of financial leverage.

The trend suggests that the company has been managing its debt levels effectively, as the ratio has not shown significant spikes or declines. However, there was a slight increase in leverage from 1.43 in September 2024 to 1.60 in June 2022, before decreasing to 1.60 in December 2022.

Overall, the financial leverage ratio for DR Horton Inc indicates a balance between debt and equity in the company's capital structure, which is important in assessing risk and potential returns for investors and creditors.