Taylor Morn Home (TMHC)
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 | 9,297,130 | 8,672,090 | 8,470,720 | 8,727,780 | 7,738,000 |
| 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 ÷ $9,297,130K
= 0.00
Based on the provided data, Taylor Morn Home has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to support its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which may signify strong financial stability and a lower risk of financial distress due to debt obligations. However, it is important to note that a zero debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns on investment.
Peer comparison
Dec 31, 2024