Taylor Morn Home (TMHC)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,866,540K
= 0.00
The debt-to-equity ratio for Taylor Morn Home has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This signifies that the company has not utilized any debt in its capital structure during this period and has funded its operations primarily through equity. A debt-to-equity ratio of 0.00 indicates a low financial risk as there is no debt to repay, and the company's operations are supported entirely by its equity base. This stable ratio suggests a conservative approach to financing and a strong financial position with no significant dependence on external borrowing.
Peer comparison
Dec 31, 2024