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
PulteGroup (NYSE:PHM) Has A Pretty Healthy Balance Sheet
Mar 26
Is PulteGroup (NYSE:PHM) A Risky Investment?
Dec 08Here's Why PulteGroup (NYSE:PHM) Can Manage Its Debt Responsibly
Aug 29Here's Why PulteGroup (NYSE:PHM) Can Manage Its Debt Responsibly
May 28We Think PulteGroup (NYSE:PHM) Can Stay On Top Of Its Debt
Feb 19Recent updates
PulteGroup: Strong Q1 And Excellent Balance Sheet Make Shares Attractive
Apr 30Earnings Beat: PulteGroup, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 25Investors Shouldn't Overlook PulteGroup's (NYSE:PHM) Impressive Returns On Capital
Apr 22Benign Growth For PulteGroup, Inc. (NYSE:PHM) Underpins Its Share Price
Apr 09PulteGroup (NYSE:PHM) Has A Pretty Healthy Balance Sheet
Mar 26Is There Now An Opportunity In PulteGroup, Inc. (NYSE:PHM)?
Mar 13The Prognosis For PulteGroup
Feb 26US$118 - That's What Analysts Think PulteGroup, Inc. (NYSE:PHM) Is Worth After These Results
Feb 01Is PulteGroup, Inc. (NYSE:PHM) Trading At A 29% Discount?
Jan 25We Like PulteGroup's (NYSE:PHM) Returns And Here's How They're Trending
Jan 13PulteGroup, Inc.'s (NYSE:PHM) Business And Shares Still Trailing The Market
Dec 20PulteGroup: Positioned For Long-Term Success With Undervalued Potential
Dec 20Is PulteGroup (NYSE:PHM) A Risky Investment?
Dec 08Pulte Group: The Future Of This Company Is Brighter Than Many Think
Nov 28PulteGroup (NYSE:PHM) Is Increasing Its Dividend To $0.20
Nov 26What PulteGroup Tells Us About The Homebuilding Market
Oct 26Is There An Opportunity With PulteGroup, Inc.'s (NYSE:PHM) 24% Undervaluation?
Oct 23We Ran A Stock Scan For Earnings Growth And PulteGroup (NYSE:PHM) Passed With Ease
Oct 11Pulte Has Significant Upside Thanks To A Resilient Housing Market
Sep 19At US$81.70, Is PulteGroup, Inc. (NYSE:PHM) Worth Looking At Closely?
Sep 12Here's Why PulteGroup (NYSE:PHM) Can Manage Its Debt Responsibly
Aug 29PulteGroup: The Turnaround Has Already Begun
Aug 26Why We Like The Returns At PulteGroup (NYSE:PHM)
Jul 23We Ran A Stock Scan For Earnings Growth And PulteGroup (NYSE:PHM) Passed With Ease
Jul 09PulteGroup: No Margin Of Safety Based On A Cyclical Perspective
Jun 25PulteGroup Is Building Long-Term Shareholder Value
Jun 19Is PulteGroup, Inc. (NYSE:PHM) Potentially Undervalued?
Jun 11Here's Why PulteGroup (NYSE:PHM) Can Manage Its Debt Responsibly
May 28Returns On Capital Are A Standout For PulteGroup (NYSE:PHM)
Apr 16Should You Be Adding PulteGroup (NYSE:PHM) To Your Watchlist Today?
Apr 02At US$55.19, Is It Time To Put PulteGroup, Inc. (NYSE:PHM) On Your Watch List?
Mar 05PulteGroup: Inexpensive, High ROE And ROC, But A Risky Industry
Feb 23We Think PulteGroup (NYSE:PHM) Can Stay On Top Of Its Debt
Feb 19PulteGroup Q4 2022 Earnings Preview
Jan 30Investors Should Be Encouraged By PulteGroup's (NYSE:PHM) Returns On Capital
Jan 12We Ran A Stock Scan For Earnings Growth And PulteGroup (NYSE:PHM) Passed With Ease
Dec 31Estimating The Fair Value Of PulteGroup, Inc. (NYSE:PHM)
Dec 19Lennar, PulteGroup upgraded at Barclays on early cycle opportunity
Dec 14PulteGroup (NYSE:PHM) Is Paying Out A Larger Dividend Than Last Year
Dec 05Is There Now An Opportunity In PulteGroup, Inc. (NYSE:PHM)?
Nov 13PulteGroup's (NYSE:PHM) Solid Profits Have Weak Fundamentals
Nov 01PulteGroup, Inc.: Market Share Over Margins
Oct 31PulteGroup Q3 2022 Earnings Preview
Oct 24PulteGroup: Comparing Corporate Governance With Peers
Sep 28PulteGroup declares goes ex-dividend tomorrrow
Sep 20PulteGroup's (NYSE:PHM) Dividend Will Be $0.15
Sep 20Financial 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.