KB Home (KBH)
Debt-to-assets ratio
| Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,936,170 | 6,839,880 | 6,805,680 | 6,683,490 | 6,648,360 | 6,576,990 | 6,483,020 | 6,514,100 | 6,651,930 | 6,730,590 | 6,579,480 | 6,188,330 | 5,835,920 | 5,756,350 | 5,618,930 | 5,426,780 | 5,356,440 | 5,177,430 | 5,042,000 | 5,052,830 |
| Debt-to-assets 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 |
November 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,936,170K
= 0.00
The debt-to-assets ratio for KB Home has consistently remained at 0.00 for all the reported periods from February 29, 2020, to November 30, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during the periods analyzed. This suggests that KB Home has been financing its operations primarily using equity rather than debt.
A debt-to-assets ratio of 0.00 may be seen as a positive indication as it implies that the company has a low level of financial leverage and is less reliant on borrowed funds to support its operations and investments. However, it is essential to consider the overall financial strategy and goals of the company to determine whether this low debt ratio aligns with its long-term plans for growth and profitability.
Overall, based on the consistent 0.00 debt-to-assets ratio, it appears that KB Home has maintained a conservative financial structure with minimal debt obligations in relation to its total assets over the analyzed periods.
Peer comparison
Nov 30, 2024