TRI Pointe Homes Inc (TPH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,891,120 | 4,914,590 | 4,719,940 | 4,336,220 | 4,021,980 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,891,120K
= 0.00
The debt-to-assets ratio of TRI Pointe Homes Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been using debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that all the company's assets are funded through equity, which can be viewed positively as it suggests a lower financial risk and a strong financial position. However, it's also important to consider that a very low debt-to-assets ratio may imply missed opportunities to benefit from the tax advantages associated with debt financing or to leverage financial leverage for potential growth.
Peer comparison
Dec 31, 2024