Smith Douglas Homes Balance Sheet Health
Financial Health criteria checks 5/6
Smith Douglas Homes has a total shareholder equity of $372.4M and total debt of $3.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $460.1M and $87.7M respectively. Smith Douglas Homes's EBIT is $119.0M making its interest coverage ratio 46.9. It has cash and short-term investments of $23.7M.
Key information
0.9%
Debt to equity ratio
US$3.46m
Debt
| Interest coverage ratio | 46.9x |
| Cash | US$23.72m |
| Equity | US$372.36m |
| Total liabilities | US$87.69m |
| Total assets | US$460.05m |
Recent financial health updates
We Think Smith Douglas Homes (NYSE:SDHC) Can Stay On Top Of Its Debt
Oct 23
Smith Douglas Homes (NYSE:SDHC) Has A Pretty Healthy Balance Sheet
Jul 15Recent updates
Is There An Opportunity With Smith Douglas Homes Corp.'s (NYSE:SDHC) 43% Undervaluation?
Nov 23We Think Smith Douglas Homes (NYSE:SDHC) Can Stay On Top Of Its Debt
Oct 23Smith Douglas Homes (NYSE:SDHC) Has A Pretty Healthy Balance Sheet
Jul 15Smith Douglas Homes: Beneficiary Of The High Rates Environment
Jun 26Smith Douglas Homes: IPO Gate Has Opened For This Homebuilder
Jan 15Financial Position Analysis
Short Term Liabilities: SDHC's short term assets ($305.8M) exceed its short term liabilities ($53.8M).
Long Term Liabilities: SDHC's short term assets ($305.8M) exceed its long term liabilities ($33.9M).
Debt to Equity History and Analysis
Debt Level: SDHC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SDHC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SDHC's debt is well covered by operating cash flow (1009.4%).
Interest Coverage: SDHC's interest payments on its debt are well covered by EBIT (46.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Smith Douglas Homes Corp. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rafe Jadrosich | BofA Global Research |
| Michael Rehaut | J.P. Morgan |
| Michael Dahl | RBC Capital Markets |