TRI Pointe Homes Inc (TPH)
Interest coverage
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 461,824 | 554,282 | 651,106 | 751,229 | 766,840 | 685,317 | 662,287 | 631,824 | 605,040 | 563,495 | 492,926 | 418,151 | 366,506 | 368,761 | 351,953 | 310,266 | 271,087 | 254,685 | 253,596 | 303,018 |
Interest expense (ttm) | US$ in thousands | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $461,824K ÷ $0K
= —
As the interest coverage ratio data for Tri Pointe Homes Inc. is not available for any of the quarters provided, it is not possible to conduct a detailed analysis of the company's ability to meet its interest obligations from its operating income. The lack of this ratio information for the periods specified limits insights into the firm's financial health and ability to service its debt with its earnings. Additional data or context would be needed to assess and evaluate the company's interest coverage performance effectively.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
TRI Pointe Homes Inc
TPH
—
Century Communities Inc
CCS
11.23
DR Horton Inc
DHI
32.25
Green Brick Partners Inc
GRBK
4.26
KB Home
KBH
35.21
LGI Homes
LGIH
—
M/I Homes Inc
MHO
37.11
Meritage Corporation
MTH
—
NVR Inc
NVR
70.48
PulteGroup Inc
PHM
7,355.51
Taylor Morn Home
TMHC
307.80