KB Home (KBH)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 4,060,620 | 3,987,090 | 3,991,700 | 3,882,670 | 3,810,140 | 3,830,130 | 3,766,480 | 3,695,460 | 3,660,800 | 3,490,610 | 3,291,000 | 3,134,320 | 3,019,480 | 2,841,730 | 2,886,860 | 2,748,180 | 2,665,770 | 2,565,310 | 2,490,350 | 2,443,100 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,060,620K
= 0.00
Based on the provided data, KB Home has maintained a consistent debt-to-equity ratio of 0.00 across multiple financial reporting periods from February 29, 2020, to November 30, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage, as its total debt is essentially non-existent or negligible compared to its equity. This could suggest that KB Home's capital structure is predominantly equity-financed rather than debt-financed.
Having a consistently low debt-to-equity ratio can be viewed positively as it implies that the company is not heavily reliant on borrowing to finance its operations and growth. It may indicate a lower financial risk compared to companies with higher debt levels. Additionally, a low debt-to-equity ratio could potentially provide KB Home with more financial flexibility and resilience, especially during economic downturns or challenging market conditions.
However, while a low debt-to-equity ratio is generally considered favorable, it is also essential to consider other financial metrics and factors when evaluating a company's overall financial health and performance. Factors such as profitability, liquidity, and operational efficiency should be analyzed in conjunction with the debt-to-equity ratio to gain a comprehensive understanding of KB Home's financial position and sustainability.
Peer comparison
Nov 30, 2024