M/I Homes Inc (MHO)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,549,800 | 4,459,860 | 4,340,070 | 4,211,950 | 4,044,540 | 4,003,370 | 3,861,750 | 3,762,370 | 3,714,920 | 3,587,910 | 3,493,320 | 3,306,510 | 3,239,850 | 3,046,600 | 2,861,410 | 2,709,560 | 2,643,040 | 2,420,560 | 2,327,710 | 2,198,960 |
| Total stockholders’ equity | US$ in thousands | 4,549,800 | 2,845,360 | 2,741,120 | 2,638,780 | 2,516,940 | 2,425,710 | 2,298,460 | 2,183,220 | 2,070,720 | 1,937,770 | 1,818,270 | 1,703,690 | 1,624,180 | 1,544,470 | 1,466,540 | 1,353,420 | 1,258,700 | 1,174,740 | 1,094,400 | 1,037,680 |
| Financial leverage ratio | 1.00 | 1.57 | 1.58 | 1.60 | 1.61 | 1.65 | 1.68 | 1.72 | 1.79 | 1.85 | 1.92 | 1.94 | 1.99 | 1.97 | 1.95 | 2.00 | 2.10 | 2.06 | 2.13 | 2.12 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,549,800K ÷ $4,549,800K
= 1.00
The financial leverage ratio for M/I Homes Inc has fluctuated over the years, indicating changes in the company's debt levels relative to its equity. The ratio decreased from 2.12 as of March 31, 2020, to 1.00 as of December 31, 2024. This suggests a reduction in the company's reliance on debt financing compared to equity. A decreasing trend in the financial leverage ratio may indicate improved financial stability and lower financial risk for the company. It is important to monitor this ratio over time to assess the company's capital structure and financial health.
Peer comparison
Dec 31, 2024