Tri Pointe Homes (FRA:T86) Debt-to-Equity : 0.33 (As of Sep. 2024)

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What is Tri Pointe Homes Debt-to-Equity?

Tri Pointe Homes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Tri Pointe Homes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €969 Mil. Tri Pointe Homes's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €2,928 Mil. Tri Pointe Homes's debt to equity for the quarter that ended in Sep. 2024 was 0.33.

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 Tri Pointe Homes's Debt-to-Equity or its related term are showing as below:

FRA:T86' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.7 Max: 0.91
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Tri Pointe Homes was 0.91. The lowest was 0.33. And the median was 0.70.

FRA:T86's Debt-to-Equity is ranked better than
61.11% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 0.505 vs FRA:T86: 0.33

Tri Pointe Homes Debt-to-Equity Historical Data

The historical data trend for Tri Pointe Homes'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.

Tri Pointe Homes Debt-to-Equity Chart

Tri Pointe Homes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.63

0.58

0.51

0.49

Tri Pointe Homes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.50	0.49	0.48	0.33	0.33

Competitive Comparison of Tri Pointe Homes's Debt-to-Equity

For the Residential Construction subindustry, Tri Pointe Homes'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.

Tri Pointe Homes's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tri Pointe Homes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tri Pointe Homes's Debt-to-Equity falls into.

Tri Pointe Homes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tri Pointe Homes'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
	=	(0	+	1340.074)	/	2761.048
	=	0.49

Tri Pointe Homes's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(0	+	968.645)	/	2928.207
	=	0.33

Tri Pointe Homes (FRA:T86) 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.

Tri Pointe Homes Debt-to-Equity Related Terms

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

Tri Pointe Homes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tri Pointe Homes Inc (FRA:T86) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TPH:USA

Address

940 Southwood Boulevard, Suite 200, Incline Village, Irvine, CA, USA, 89451

Website

https://www.tripointehomes.com

Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.

Tri Pointe Homes Headlines

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