PulteGroup Inc (PHM)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 12,122,000 | 10,383,300 | 8,914,100 | 7,489,520 | 6,569,990 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $12,122,000K)
= 0.00
The debt-to-capital ratio of PulteGroup Inc has been consistently at 0.00 for the years 2020 to 2024 based on the provided data. A debt-to-capital ratio of 0.00 implies that the company has no debt in relation to its total capital. This could indicate that PulteGroup is financing its operations primarily through equity rather than debt, which may signify a lower financial risk as the company is not highly leveraged. However, it is also essential to consider other financial ratios and factors to get a holistic view of the company's financial health and performance.
Peer comparison
Dec 31, 2024