TRI Pointe Homes Inc (TPH)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 4,891,120 4,779,260 4,596,200 4,969,980 4,914,590 4,870,230 4,780,560 4,739,240 4,719,940 4,526,040 4,414,660 4,314,070 4,336,220 4,233,680 4,160,160 4,092,950 4,021,980 3,957,560 3,977,900 4,293,050
Debt-to-assets 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

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,891,120K
= 0.00

The Debt-to-assets ratio for TRI Pointe Homes Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets over this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are fully financed by equity rather than debt. This could suggest that the company has a strong financial position with low financial risk, as it is not heavily reliant on debt to fund its operations or investments. However, it is also important to note that a very low debt-to-assets ratio could potentially indicate underutilization of debt financing, which can limit growth opportunities.