Toll Brothers Inc (TOL)

Debt-to-capital ratio

Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 7,019,270 6,797,160 6,693,390 6,420,220 6,201,350 6,006,090 5,523,270 5,363,890 5,255,870 5,295,020 5,034,910 4,913,070 4,786,840 4,875,240 4,675,070 4,564,520 4,655,550 5,071,820 4,939,080 4,941,150
Debt-to-capital 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

January 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $7,019,270K)
= 0.00

The debt-to-capital ratio for Toll Brothers Inc has consistently remained at 0.00 over the past several quarters. This indicates that the company has not been utilizing debt as a significant portion of its capital structure. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily composed of equity, which may suggest a lower financial risk and a stronger financial position. It is important to consider other financial metrics and factors to have a more comprehensive assessment of Toll Brothers Inc's financial health and risk profile.


Peer comparison

Jan 31, 2024