M.D.C. Holdings (M.D.C. Holdings) Debt-to-Equity : 0.51 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is M.D.C. Holdings Debt-to-Equity?

M.D.C. Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $215 Mil. M.D.C. Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,506 Mil. M.D.C. Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,378 Mil. M.D.C. Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for M.D.C. Holdings's Debt-to-Equity or its related term are showing as below:

MDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.7 Max: 0.79
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of M.D.C. Holdings was 0.79. The lowest was 0.51. And the median was 0.70.

MDC's Debt-to-Equity is ranked better than
53.61% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 0.56 vs MDC: 0.51

M.D.C. Holdings Debt-to-Equity Historical Data

The historical data trend for M.D.C. Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

M.D.C. Holdings Debt-to-Equity Chart

M.D.C. Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.67

0.60

0.68

0.55

0.51

M.D.C. Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.53	0.51	0.51	0.51

Competitive Comparison of M.D.C. Holdings's Debt-to-Equity

For the Residential Construction subindustry, M.D.C. Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

M.D.C. Holdings's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M.D.C. Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where M.D.C. Holdings's Debt-to-Equity falls into.

M.D.C. Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M.D.C. Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(214.981	+	1506.343)	/	3377.885
	=	0.51

M.D.C. Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(214.981	+	1506.343)	/	3377.885
	=	0.51

M.D.C. Holdings (NYSE:MDC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

M.D.C. Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of M.D.C. Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

M.D.C. Holdings (M.D.C. Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » M.D.C. Holdings Inc (NYSE:MDC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MDH:Germany

Address

4350 South Monaco Street, Suite 500, Denver, CO, USA, 80237

Website

http://www.mdcholdings.com

M.D.C. Holdings Inc is an American holding company that operates home construction, mortgage, insurance, and title companies. The company focuses on single-family and residential communities via its Richmond American Homes brand in Arizona, California, Colorado, Florida, Virginia, Nevada, Utah, and Washington. MDC Holdings constructs homes for first-time and move-up homebuyers. Its segments include Homebuilding and Financial Services. Its Home construction in Colorado, California, Washington, and Arizona derive most of the company's homebuilding revenue, followed by Utah, and Virginia.

Executives

David E Blackford	director	ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Reece Paris G Iii	officer: Exec. Vice Pres and CFO	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Robert Nathaniel Martin	officer: SVP and CFO	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Larry A Mizel	10 percent owner	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Michael A Berman	director	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Raymond T Baker	director	2401 21ST AVENUE SOUTH, NASHVILLE TN 37212
David D Mandarich	director, officer: President, COO and Director	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Herbert T Buchwald	director	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Derek R Kimmerle	officer: Chief Accounting Officer	31475 UPPER BEAR CREEK ROAD, EVERGREEN CO 80439
Rafay Farooqui	director	4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Michael L. Kaplan	officer: Sr. VP and General Counsel	M.D.C. HOLDINGS, INC., 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
David Siegel	director	4350 SOUTH MONACO STREET, SUITE 500, DENVER CO 80237
Janice Sinden	director	828 FAIRFAX STREET, DENVER CO 80220
Mizel Courtney L.	director	9301 SAWYER STREET, LOS ANGELES CA 90035
Leslie B Fox	director	5511 E. CARON STREET, PARADISE VALLEY AZ 85253