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United Homes Group (United Homes Group) Debt-to-Equity : -4.94 (As of Dec. 2023)


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What is United Homes Group Debt-to-Equity?

United Homes Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $77.2 Mil. United Homes Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $76.9 Mil. United Homes Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-31.2 Mil. United Homes Group's debt to equity for the quarter that ended in Dec. 2023 was -4.94.

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

UHG' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.94   Med: 1.54   Max: 2.06
Current: -4.94

During the past 5 years, the highest Debt-to-Equity Ratio of United Homes Group was 2.06. The lowest was -4.94. And the median was 1.54.

UHG's Debt-to-Equity is not ranked
in the Homebuilding & Construction industry.
Industry Median: 0.545 vs UHG: -4.94

United Homes Group Debt-to-Equity Historical Data

The historical data trend for United Homes Group'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.

United Homes Group Debt-to-Equity Chart

United Homes Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
N/A N/A 1.54 2.06 -4.94

United Homes Group Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 -0.49 -1.13 3.76 -4.94

Competitive Comparison of United Homes Group's Debt-to-Equity

For the Residential Construction subindustry, United Homes Group'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.


United Homes Group's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

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

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



United Homes Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Homes Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

United Homes Group's Debt to Equity Ratio for the quarter 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) 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.


United Homes Group Debt-to-Equity Related Terms

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


United Homes Group (United Homes Group) Business Description

Traded in Other Exchanges
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
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.
Executives
Jeremy P. Pyle officer: Co-Executive VP - Construction 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Penny Robert Earl Jr. officer: Executive VP - Sales 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Robert F. Dozier director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Eric S. Bland director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Jason A. Enoch director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Twine Ray Shelton Iii 10 percent owner, officer: Chief Operating Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Pennington W. Nieri 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Stephen C. Lenker officer: Exec. VP, G.C., & Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
O'grady Clive R.g. director, officer: Chief Administrative Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Alan D. Levine director, 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Conversant Opportunity Master Fund Lp director 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Pwn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Pmn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Patrick Michael Nieri 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063