Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Homes Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-4.7 Mil. United Homes Group's Total Assets for the quarter that ended in Mar. 2024 was $287.2 Mil.
Therefore, United Homes Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.02.
The historical rank and industry rank for United Homes Group's Equity-to-Asset or its related term are showing as below:
UHG'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.28 Med: -0.02 Max: 0.33
Current: -0.02
During the past 5 years, the highest Equity to Asset Ratio of United Homes Group was 0.33. The lowest was -1.28. And the median was -0.02.
UHG's Equity-to-Asset is ranked worse than 97.14% of 105
companies
in the Homebuilding & Construction industry
Industry Median: 0.49
vs UHG: -0.02
United Homes Group Equity-to-Asset Historical Data
The historical data trend for United Homes Group's Equity-to-Asset 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.
Competitive Comparison of United Homes Group's Equity-to-Asset
For the Residential Construction subindustry, United Homes Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
United Homes Group's Equity-to-Asset Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, United Homes Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where United Homes Group's Equity-to-Asset falls into.
United Homes Group Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
United Homes Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
United Homes Group (NAS:UHG) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
United Homes Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of United Homes Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
United Homes Group (United Homes Group) Business Description
United Homes Group Inc operates as a homebuilder in the Southeast. The company currently has a presence in South Carolina and Georgia and focuses on providing high-quality, affordable homes for the entry-level and first-move-up segments.
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