PulteGroup Inc (PHM)

Debt-to-assets 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 assets US$ in thousands 17,363,800 16,955,100 16,544,100 16,496,200 16,087,000 15,717,300 15,225,900 14,831,000 14,796,500 14,211,800 13,700,300 13,164,200 13,352,600 12,571,900 12,082,000 11,445,700 12,205,500 11,365,000 10,958,500 11,423,400
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $17,363,800K
= 0.00

PulteGroup Inc's debt-to-assets ratio has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company's total debt level is effectively zero relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company is not relying on debt financing to support its operations or growth, as it has ample assets compared to its debt obligations. This strong financial position may imply lower financial risk and favorable liquidity and solvency for PulteGroup Inc. It might also suggest that the company has prudent financial management practices that prioritize a healthy balance sheet structure.