Green Brick Partners Inc (GRBK)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,249,990 | 1,904,710 | 1,655,680 | 1,421,870 | 988,847 |
| Total stockholders’ equity | US$ in thousands | 1,625,420 | 1,300,700 | 1,061,910 | 874,548 | 640,242 |
| Financial leverage ratio | 1.38 | 1.46 | 1.56 | 1.63 | 1.54 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,249,990K ÷ $1,625,420K
= 1.38
The financial leverage ratio of Green Brick Partners Inc has shown a slight fluctuation over the past five years. Starting at 1.54 in December 31, 2020, the ratio increased to 1.63 by December 31, 2021, indicating a higher level of financial leverage. Subsequently, the ratio decreased to 1.56 in December 31, 2022, and further declined to 1.46 by December 31, 2023. This downward trend suggests a reduction in the company's reliance on debt financing. By December 31, 2024, the financial leverage ratio dropped to 1.38, signaling a continuing decrease in the level of financial leverage. Overall, the trend indicates that Green Brick Partners Inc has managed its leverage effectively, gradually decreasing its reliance on debt over the five-year period.
Peer comparison
Dec 31, 2024