Taylor Morn Home (TMHC)
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 | 5,866,540 | 5,314,940 | 4,630,330 | 3,925,850 | 3,504,540 |
| 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 + $5,866,540K)
= 0.00
Based on the provided data, Taylor Morn Home has maintained a consistent debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that the company's capital is entirely funded by equity, without any debt obligations. While operating with no debt can signify financial stability and low financial risk, it may also imply missed opportunities for leveraging debt for potential growth or capital structure optimization. It is essential for stakeholders to consider the reasons behind the company's consistent debt-free capital structure and evaluate the implications of such a strategy on the company's overall financial management and growth prospects.
Peer comparison
Dec 31, 2024