M/I Homes Inc (MHO)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,549,800 | 4,022,440 | 3,714,920 | 3,239,850 | 2,643,040 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,549,800K
= 0.00
Based on the provided data, M/I Homes Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which may signal a strong financial position with lower financial risk. It shows that M/I Homes Inc has not relied on borrowing to support its operations, which could potentially indicate prudent financial management and stability in the face of economic uncertainties.
Peer comparison
Dec 31, 2024