TRI Pointe Homes Inc (TPH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,235,120 | 4,431,070 | 4,232,960 | 3,853,270 | 3,594,990 |
| Total current liabilities | US$ in thousands | 68,228 | 518,364 | 505,358 | 550,867 | 446,430 |
| Current ratio | 62.07 | 8.55 | 8.38 | 6.99 | 8.05 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,235,120K ÷ $68,228K
= 62.07
The current ratio of TRI Pointe Homes Inc has displayed a generally positive trend over the years, indicating the company's ability to meet its short-term obligations with its current assets. Starting at 8.05 in December 31, 2020, the ratio slightly decreased to 6.99 by December 31, 2021, but then showed an upward trend, reaching 8.38 by December 31, 2022, and further improving to 8.55 by December 31, 2023. However, there was a significant spike in the current ratio to 62.07 by December 31, 2024, which can be considered as an anomaly and may require further investigation. Overall, the company's current ratio indicates a strong liquidity position, though the sudden increase in 2024 warrants a closer examination to understand the underlying reasons.
Peer comparison
Dec 31, 2024