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Green Brick Partners Financial Strength

: 6 (As of Jun. 2022)
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Green Brick Partners has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Green Brick Partners's interest coverage with the available data. Green Brick Partners's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.19. As of today, Green Brick Partners's Altman Z-Score is 4.78.


Competitive Comparison

For the Residential Construction subindustry, Green Brick Partners's Financial Strength, along with its competitors' market caps and Financial Strength 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.

   

Green Brick Partners Financial Strength Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Financial Strength distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Financial Strength falls into.



Green Brick Partners Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Green Brick Partners's Interest Expense for the months ended in Jun. 2022 was $0 Mil. Its Operating Income for the months ended in Jun. 2022 was $127 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $355 Mil.

Green Brick Partners's Interest Coverage for the quarter that ended in Jun. 2022 is

GuruFocus does not calculate Green Brick Partners's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Green Brick Partners's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(34.662 + 354.648) / 2100.576
=0.19

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Green Brick Partners has a Z-score of 4.78, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.78 is strong.

* 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.


Green Brick Partners  (NYSE:GRBK) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Green Brick Partners has the Financial Strength Rank of 6.


Green Brick Partners Financial Strength Related Terms

Thank you for viewing the detailed overview of Green Brick Partners's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Brick Partners Business Description

Green Brick Partners logo
Address
2805 Dallas Parkway, Suite 400, Plano, TX, USA, 75093
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of company's revenue is generated from the builder operations central segment that is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.
Executives
Murphy Lila A director 2000 S. COLORADO BLVD. SUITE 10200 DENVER CO 80222
Brandler Harry director 2 GRAND CENTRAL TOWER 140 EAST 45TH STREET, 24TH FLOOR NEW YORK NY 10017
Dme Capital Management, Lp 10 percent owner 140 EAST 45TH STREET 24TH FLOOR NEW YORK NY 10017
Loveland Summer officer: Chief Accounting Officer 2805 DALLAS PARKWAY SUITE 400 PLANO TX 75093
Farris John R director P.O. BOX 309 FRANKFORT KY 40602-0309
Blake Elizabeth director BIOFUEL ENERGY CORP. 1600 BROADWAY SUITE 2200 DENVER CO 80202
Press Richard S director 101 BOGLE STREET WESTON MA 02493
Costello Richard Arthur officer: Chief Financial Officer 2805 DALLAS PARKWAY SUITE 400 PLANO TX 75093
Olsen Kathleen director 4 BROOKSIDE DRIVE PORT WASHINGTON NY 11050
Brickman James R. director, officer: Chief Executive Officer 3131 HARVARD AVENUE SUTE 103 DALLAS TX 75205
Dolson Jed officer: See Remarks 3131 HARVARD AVENUE SUTE 103 DALLAS TX 75205
Third Point Reinsurance (usa) Ltd. 10 percent owner 51 JFK PARKWAY FIRST FLOOR WEST SHORT HILLS NJ 07078
Third Point Reinsurance Ltd. 10 percent owner POINT BUILDING 3 WATERLOO LANE PEMBROKE D0 HM 08
Corley John Jason officer: COO - JBGL Builder Finance LLC 3131 HARVARD AVENUE SUITE 103 DALLAS TX 75205
Jbgl Builder Finance (offshore), Llc director 2 GRAND CENTRAL TOWER 140 EAST 45TH STREET, 24TH FLOOR NEW YORK NY 10017

Green Brick Partners Headlines

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