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Taylor Morrison Home (FRA:THM) Debt-to-Equity : 0.40 (As of Mar. 2024)


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What is Taylor Morrison Home Debt-to-Equity?

Taylor Morrison Home's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Taylor Morrison Home's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,001 Mil. Taylor Morrison Home's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4,976 Mil. Taylor Morrison Home's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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 Taylor Morrison Home's Debt-to-Equity or its related term are showing as below:

FRA:THM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.9   Max: 4
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Taylor Morrison Home was 4.00. The lowest was 0.40. And the median was 0.90.

FRA:THM's Debt-to-Equity is ranked better than
57.45% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.545 vs FRA:THM: 0.40

Taylor Morrison Home Debt-to-Equity Historical Data

The historical data trend for Taylor Morrison Home'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.

Taylor Morrison Home Debt-to-Equity Chart

Taylor Morrison Home Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.86 0.87 0.56 0.40

Taylor Morrison Home Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.49 0.40 0.40 0.40

Competitive Comparison of Taylor Morrison Home's Debt-to-Equity

For the Residential Construction subindustry, Taylor Morrison Home'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.


Taylor Morrison Home's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Taylor Morrison Home's Debt-to-Equity falls into.



Taylor Morrison Home Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taylor Morrison Home's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taylor Morrison Home's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Taylor Morrison Home  (FRA:THM) 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.


Taylor Morrison Home Debt-to-Equity Related Terms

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


Taylor Morrison Home (FRA:THM) Business Description

Traded in Other Exchanges
Address
4900 N. Scottsdale Road, Suite 2000, Scottsdale, AZ, USA, 85251
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.