NVR Inc (NVR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 6,380,990 | 6,601,760 | 5,660,970 | 5,834,480 | 5,777,140 |
| Total stockholders’ equity | US$ in thousands | 4,210,070 | 4,364,720 | 3,506,850 | 3,002,380 | 3,103,070 |
| Financial leverage ratio | 1.52 | 1.51 | 1.61 | 1.94 | 1.86 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,380,990K ÷ $4,210,070K
= 1.52
The financial leverage ratio of NVR Inc has shown some fluctuations over the observed period:
- As of December 31, 2020, the financial leverage ratio stood at 1.86, indicating that the company had $1.86 in debt for every dollar of equity.
- By December 31, 2021, the financial leverage ratio increased to 1.94, suggesting a slight increase in the level of financial leverage.
- However, by December 31, 2022, there was a decrease in the financial leverage ratio to 1.61, indicating a reduction in the company's reliance on debt.
- Further improvement was noted by December 31, 2023, with the financial leverage ratio declining to 1.51, signaling a more conservative capital structure.
- The trend continued into December 31, 2024, with a slight increase in the financial leverage ratio to 1.52, which still reflects a relatively stable financial position.
Overall, the financial leverage ratio of NVR Inc demonstrates a mix of fluctuations and improvements during the period, indicating changes in the company's capital structure and debt levels.
Peer comparison
Dec 31, 2024