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.
Peer comparison
Dec 31, 2024