PulteGroup Balance Sheet Health
Financial Health criteria checks 6/6
PulteGroup has a total shareholder equity of $10.8B and total debt of $2.5B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are $16.5B and $5.7B respectively. PulteGroup's EBIT is $3.5B making its interest coverage ratio -49.7. It has cash and short-term investments of $1.7B.
Key information
23.3%
Debt to equity ratio
US$2.50b
Debt
Interest coverage ratio | -49.7x |
Cash | US$1.72b |
Equity | US$10.76b |
Total liabilities | US$5.73b |
Total assets | US$16.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHM *'s short term assets ($15.3B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: PHM *'s short term assets ($15.3B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: PHM *'s net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: PHM *'s debt to equity ratio has reduced from 65.8% to 23.3% over the past 5 years.
Debt Coverage: PHM *'s debt is well covered by operating cash flow (68.9%).
Interest Coverage: PHM * earns more interest than it pays, so coverage of interest payments is not a concern.