NVR Inc (NVR)

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 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-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 ÷ $4,210,070K
= 0.00

The debt-to-equity ratio of NVR Inc has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has not been using any debt to finance its operations or investments during these periods. This may imply that NVR Inc has been relying solely on equity financing, which could be a positive signal to investors and creditors regarding the company's financial stability and risk management strategies. However, it is important to note that a debt-to-equity ratio of 0.00 may also suggest limited leverage and potential missed opportunities for utilizing debt to optimize capital structure and enhance returns for shareholders.