LGI Homes (LGIH)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,037,230 | 1,996,960 | 1,923,840 | 1,869,200 | 1,856,030 | 1,802,680 | 1,731,010 | 1,674,230 | 1,642,410 | 1,606,980 | 1,513,920 | 1,422,750 | 1,395,850 | 1,335,770 | 1,286,410 | 1,218,640 | 1,139,000 | 1,012,670 | 918,782 | 859,605 |
| 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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,037,230K
= 0.00
The debt-to-equity ratio of LGI Homes has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company does not have any long-term debt on its balance sheet during this period relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company's debts are either minimal or non-existent compared to its equity, which can be viewed as a positive sign of financial stability and strength. LGI Homes' financial structure indicates a conservative approach to leverage, potentially minimizing financial risks associated with high debt levels.
Peer comparison
Dec 31, 2024