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Dream Finders Homes (Dream Finders Homes) Interest Coverage : N/A (As of Dec. 2023)


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What is Dream Finders Homes Interest Coverage?

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 by its Interest Expense. Dream Finders Homes's Operating Income for the three months ended in Dec. 2023 was $141 Mil. Dream Finders Homes's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dream Finders Homes's Interest Coverage or its related term are showing as below:


DFH's Interest Coverage is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 8.9
* Ranked among companies with meaningful Interest Coverage only.

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


Dream Finders Homes Interest Coverage Historical Data

The historical data trend for Dream Finders Homes's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Dream Finders Homes Interest Coverage Chart

Dream Finders Homes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 178.19 92.45 236.86 10,911.13 N/A

Dream Finders Homes Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 115,597.00 N/A N/A N/A N/A

Competitive Comparison of Dream Finders Homes's Interest Coverage

For the Residential Construction subindustry, Dream Finders Homes's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Dream Finders Homes's Interest Coverage Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dream Finders Homes's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dream Finders Homes's Interest Coverage falls into.



Dream Finders Homes Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Dream Finders Homes's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Dream Finders Homes's Interest Expense was $0 Mil. Its Operating Income was $428 Mil. And its Long-Term Debt & Capital Lease Obligation was $315 Mil.

GuruFocus does not calculate Dream Finders Homes's interest coverage with the available data.

Dream Finders Homes's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Dream Finders Homes's Interest Expense was $0 Mil. Its Operating Income was $141 Mil. And its Long-Term Debt & Capital Lease Obligation was $315 Mil.

GuruFocus does not calculate Dream Finders Homes's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Dream Finders Homes  (NYSE:DFH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Dream Finders Homes Interest Coverage Related Terms

Thank you for viewing the detailed overview of Dream Finders Homes's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Dream Finders Homes (Dream Finders Homes) Business Description

Traded in Other Exchanges
N/A
Address
14701 Philips Highway, Suite 300, Jacksonville, FL, USA, 32256
Dream Finders Homes Inc is engaged in the home building business. It designs, builds, and sells homes in Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area, and Austin. The company operates through six geographical divisions namely, Jacksonville, Orlando, Denver, Washington DC (Capital), and the Carolinas (H&H Homes), Jet Home Loans LLC. Jacksonville division generates most of the revenue for the firm.
Executives
Patrick O. Zalupski director, officer: President and CEO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lorena Anabel Fernandez officer: CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Doug Moran officer: Senior VP and COO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Len Sturm director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Justin Udelhofen director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
William Weatherford director 19701 BETHEL CHURCH ROAD #302, CORNELIUS NC 28031
Robert E. Riva officer: VP, GC and Corporate Secretary 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Boston Omaha Corp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Boc Dfh, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
United Casualty & Surety Insurance Co. other: SUBSID of Boston Omaha Corp 292 NEWBURY STREET, BOX 105, BOSTON MA 02115
John O. Blanton officer: VP and CAO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Rick A. Moyer officer: Senior VP and CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Megha H. Parekh director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lovett William Radford Ii director C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202