Tri Pointe Homes Balance Sheet Health
Financial Health criteria checks 4/6
Tri Pointe Homes has a total shareholder equity of $3.0B and total debt of $1.4B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are $5.0B and $1.9B respectively.
Key information
45.4%
Debt to equity ratio
US$1.38b
Debt
Interest coverage ratio | n/a |
Cash | US$944.00m |
Equity | US$3.05b |
Total liabilities | US$1.92b |
Total assets | US$4.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T86's short term assets ($4.5B) exceed its short term liabilities ($303.1M).
Long Term Liabilities: T86's short term assets ($4.5B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: T86's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: T86's debt to equity ratio has reduced from 68.7% to 45.4% over the past 5 years.
Debt Coverage: T86's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: Insufficient data to determine if T86's interest payments on its debt are well covered by EBIT.