Lennar Corporation (LEN)
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 | 41,312,800 | 39,741,000 | 38,667,700 | 38,951,200 | 39,234,300 | 37,438,100 | 36,857,700 | 36,573,200 | 37,984,300 | 35,339,900 | 34,306,200 | 32,635,300 | 33,207,800 | 32,744,200 | 31,223,200 | 30,552,000 | 29,935,200 | 29,315,300 | 29,309,000 | 29,173,700 |
| 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 ÷ $41,312,800K
= 0.00
The debt-to-assets ratio for Lennar Corporation has consistently been 0.00 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 this period. This suggests that Lennar Corporation has been financing its operations mainly through equity rather than debt. Having a low or zero debt-to-assets ratio can be a positive sign as it indicates lower financial risk and potential for greater financial stability.
Peer comparison
Nov 30, 2024
Company name
Symbol
Debt-to-assets ratio
Lennar Corporation
LEN
0.00
Fortune Brands Innovations Inc.
FBIN
0.41
Installed Building Products Inc
IBP
0.42