Taylor Morn Home (TMHC)

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 9,297,130 9,300,440 9,099,070 8,910,340 8,672,090 8,436,920 8,748,790 8,376,190 8,470,720 8,593,630 8,650,220 8,517,980 8,727,780 8,403,050 8,138,760 7,975,480 7,738,000 7,834,450 8,322,330 8,262,370
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 ÷ $9,297,130K
= 0.00

The debt-to-assets ratio of Taylor Morn Home has consistently been at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity financing to support its operations and investments, which can be seen as a positive sign of financial stability and lower financial risk. This financial ratio implies that the company has a strong financial position and may have a low level of financial leverage.