PulteGroup Balance Sheet Health
Financial Health criteria checks 6/6
PulteGroup has a total shareholder equity of $11.6B and total debt of $2.2B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are $17.0B and $5.4B respectively. PulteGroup's EBIT is $3.7B making its interest coverage ratio -54.8. It has cash and short-term investments of $1.4B.
Key information
18.7%
Debt to equity ratio
US$2.16b
Debt
| Interest coverage ratio | -54.8x |
| Cash | US$1.40b |
| Equity | US$11.56b |
| Total liabilities | US$5.39b |
| Total assets | US$16.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1HM34's short term assets ($15.7B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: P1HM34's short term assets ($15.7B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: P1HM34's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: P1HM34's debt to equity ratio has reduced from 57.8% to 18.7% over the past 5 years.
Debt Coverage: P1HM34's debt is well covered by operating cash flow (64.9%).
Interest Coverage: P1HM34 earns more interest than it pays, so coverage of interest payments is not a concern.