TRI Pointe Homes Inc (TPH)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 3,335,710 | 3,249,950 | 3,139,480 | 3,049,650 | 3,010,960 | 2,923,400 | 2,896,110 | 2,863,620 | 2,832,390 | 2,625,730 | 2,487,570 | 2,408,230 | 2,447,620 | 2,354,140 | 2,279,290 | 2,239,760 | 2,232,540 | 2,198,090 | 2,175,800 | 2,115,280 |
| Financial leverage ratio | 1.47 | 1.47 | 1.46 | 1.63 | 1.63 | 1.67 | 1.65 | 1.65 | 1.67 | 1.72 | 1.77 | 1.79 | 1.77 | 1.80 | 1.83 | 1.83 | 1.80 | 1.80 | 1.83 | 2.03 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,891,120K ÷ $3,335,710K
= 1.47
TRI Pointe Homes Inc's financial leverage ratio has shown a downward trend over the period from March 31, 2020, to December 31, 2024. The ratio decreased from 2.03 on March 31, 2020, to 1.47 on December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments relative to its equity. A decreasing trend in the financial leverage ratio can be a positive sign as it may suggest improved financial stability and reduced financial risk for the company. It shows that TRI Pointe Homes Inc has been managing its debt levels effectively and is relying more on equity to support its business activities.
Peer comparison
Dec 31, 2024