KB Home (KBH)
Debt-to-assets ratio
| Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 6,936,170 | 6,648,360 | 6,651,930 | 5,835,920 | 5,356,440 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
November 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,936,170K
= 0.00
The debt-to-assets ratio of KB Home for the last five years, from November 30, 2020, to November 30, 2024, has consistently remained at 0.00. This indicates that KB Home has not utilized debt as a financing source to acquire assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity rather than debt. This may suggest a low financial risk for the company, as it does not have significant debt obligations affecting its asset base. However, it's also important to consider the potential implications of a lack of leverage, such as missed opportunities for growth or tax advantages typically associated with debt financing. Overall, KB Home's consistent 0.00 debt-to-assets ratio reflects a conservative capital structure approach in its financial operations over the past five years.
Peer comparison
Nov 30, 2024