GRBK (Green Brick Partners) Debt-to-Equity : 0.20 (As of Sep. 2024)

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What is Green Brick Partners Debt-to-Equity?

Green Brick Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $-2 Mil. Green Brick Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $308 Mil. Green Brick Partners's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,521 Mil. Green Brick Partners's debt to equity for the quarter that ended in Sep. 2024 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Green Brick Partners's Debt-to-Equity or its related term are showing as below:

GRBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.35 Max: 1.03
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Green Brick Partners was 1.03. The lowest was 0.07. And the median was 0.35.

GRBK's Debt-to-Equity is ranked better than
74.44% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 0.545 vs GRBK: 0.22

Green Brick Partners Debt-to-Equity Historical Data

The historical data trend for Green Brick Partners's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Green Brick Partners Debt-to-Equity Chart

Green Brick Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.35

0.39

0.35

0.27

Green Brick Partners Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.27	0.23	0.22	0.20

Competitive Comparison of Green Brick Partners's Debt-to-Equity

For the Residential Construction subindustry, Green Brick Partners's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Green Brick Partners's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Green Brick Partners's Debt-to-Equity falls into.

Green Brick Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Green Brick Partners's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(-2.328	+	357.086)	/	1300.704
	=	0.27

Green Brick Partners's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(-1.718	+	307.594)	/	1520.737
	=	0.20

Green Brick Partners (NYSE:GRBK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Green Brick Partners Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Green Brick Partners's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Green Brick Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Green Brick Partners Inc (NYSE:GRBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2G1:Germany 2G1:Germany

Address

5501 Headquarters Drive, Suite 300 W, Plano, TX, USA, 75024

Website

https://www.greenbrickpartners.com

Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

Executives

James R. Brickman	director, officer: Chief Executive Officer	3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Kathleen Olsen	director	4 BROOKSIDE DRIVE, PORT WASHINGTON NY 11050
Richard Arthur Costello	officer: Chief Financial Officer	2805 DALLAS PARKWAY, SUITE 400, PLANO TX 75093
David Einhorn	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Richard S Press	director	101 BOGLE STREET, WESTON MA 02493
Jed Dolson	officer: See Remarks	3131 HARVARD AVENUE, SUTE 103, DALLAS TX 75205
Dme Capital Management, Lp	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c.	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc	director, 10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Elizabeth Blake	director	BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Harry Brandler	director	2 GRAND CENTRAL TOWER, 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Neal J Suit	officer: General Counsel & EVP	C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Lila A Murphy	director	2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
John R Farris	director	P.O. BOX 309, FRANKFORT KY 40602-0309