PulteGroup Inc (PHM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 17,363,800 | 16,087,000 | 14,796,500 | 13,352,600 | 12,205,500 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $17,363,800K
= 0.00
The debt-to-assets ratio for PulteGroup Inc remained constant at 0.00 for the years ending December 31, 2020 through 2024. This indicates that PulteGroup Inc has not used debt as a form of financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position and relies more on equity financing for its operations. This may signal lower financial risk and greater stability in the company's capital structure. However, it is important to consider other financial metrics and factors to gain a comprehensive understanding of PulteGroup Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024