NVR Inc (NVR)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,210,070 | 4,364,720 | 3,506,850 | 3,002,380 | 3,103,070 |
| Debt-to-equity ratio | 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 ÷ $4,210,070K
= 0.00
The debt-to-equity ratio of NVR Inc from December 31, 2020, to December 31, 2024, has consistently been at 0.00. This indicates that the company has no financial leverage through debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company is funding its operations and growth primarily through equity rather than borrowed funds, which may reflect a conservative financial strategy. While having no debt can be positive in terms of financial stability and flexibility, it's essential to consider other factors such as the cost of capital and potential limitations on growth opportunities that may arise from not utilizing leverage.
Peer comparison
Dec 31, 2024