Toll Brothers Inc (TOL)
Debt-to-equity ratio
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,670,930 | 7,414,860 | 7,307,970 | 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 |
| Debt-to-equity 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 |
October 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,670,930K
= 0.00
The debt-to-equity ratio for Toll Brothers Inc has been consistently reported as 0.00 for the periods listed in the table. This ratio indicates that the company has no debt recorded in relation to its equity during these periods. A debt-to-equity ratio of 0.00 suggests that the company may be primarily funded by equity rather than debt. This may reflect a conservative financial strategy, a strong financial position, or a specific business model that relies more on equity financing. It is important to note that a low debt-to-equity ratio does not provide a complete picture of a company's financial health, and it is advisable to consider other financial indicators and factors when evaluating the overall financial strength and performance of the company.
Peer comparison
Oct 31, 2024