TRI Pointe Homes Inc (TPH)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 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 3,858,690 3,941,470 3,877,550 3,855,900
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,914,590K
= 0.00

Tri Pointe Homes Inc.'s debt-to-assets ratio has been relatively stable over the past eight quarters, ranging from 0.28 to 0.31. The ratio indicates that the company finances approximately 28% to 31% of its assets through debt, with the majority of its assets being funded through equity. This suggests that the company has a conservative approach to leverage, as it has a lower reliance on debt to finance its operations and investments. Overall, the consistency in the debt-to-assets ratio indicates a prudent capital structure management by Tri Pointe Homes Inc.


Peer comparison

Dec 31, 2023