Green Brick Partners Inc (GRBK)

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 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,625,420 1,520,740 1,439,240 1,383,330 1,300,700 1,245,220 1,174,080 1,114,150 1,061,910 1,009,240 947,391 912,183 874,548 766,789 717,389 666,131 640,242 610,079 575,759 542,982
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 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 + $1,625,420K)
= 0.00

The debt-to-capital ratio of Green Brick Partners Inc has consistently remained at 0.00% from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments, implying a strong capital structure supported primarily by equity. The stability of this ratio suggests that the company has been managing its capital structure effectively without taking on any significant debt obligations. Additionally, a low debt-to-capital ratio may also signal lower financial risk and enhanced financial flexibility for the company.