NVR Inc (NVR)
Debt-to-capital 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 | 4,210,070 | 4,271,250 | 4,133,910 | 4,344,380 | 4,364,720 | 4,172,580 | 4,153,260 | 3,845,350 | 3,506,850 | 3,084,840 | 2,991,670 | 2,725,600 | 3,002,380 | 3,017,050 | 3,042,290 | 3,046,510 | 3,103,070 | 2,918,990 | 2,612,410 | 2,416,920 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,210,070K)
= 0.00
The debt-to-capital ratio of NVR Inc has consistently been 0.00 over the last several quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company relies entirely on equity financing rather than debt to fund its operations and investments. While a low debt-to-capital ratio can signify a strong financial position and lower financial risk due to reduced interest payments and debt obligations, it may also suggest missed opportunities to leverage debt for potential growth or tax advantages. NVR Inc's consistent zero debt-to-capital ratio indicates a conservative financial strategy regarding leverage and highlights the company's ability to operate without incurring debt.
Peer comparison
Dec 31, 2024