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.
Peer comparison
Dec 31, 2024