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Green Brick Partners Inc (GRBK) |
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Green Brick Partners Inc 's Tangible Leverage Ratio
GRBK's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Despite a net increase in borrowings by 3.96%, Green Brick Partners Inc managed to enhance Tangible Leverage Ratio in the third quarter 2023 to 0.61, falling below the company's typical Tangible Leverage Ratio.
Within Construction Services industry in the third quarter 2023, 4 other companies have achieved lower Tangible Leverage Ratio than Green Brick Partners Inc in the III Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the third quarter 2023 to 349, from total ranking in the second quarter 2023 at 1292 .
Explain Tangible Leverage Ratio?
What is GRBK Market Share?
What are GRBK´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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GRBK Tangible Leverage Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Tangible Equity Change |
22.43 % |
23.57 % |
22.18 % |
21.88 % |
31.67 % |
Y / Y Total Liabilities Change |
3.77 % |
32.03 % |
37.25 % |
34.28 % |
31.97 % |
Tangible Leverage Ratio MRQ |
0.61 |
0.62 |
0.66 |
0.66 |
0.72 |
GRBK's Total
Ranking |
# 349 |
# 1292 |
# 1175 |
# 1252 |
# 1493 |
Seq. Tangible Equity Change |
6.01 % |
5.65 % |
4.05 % |
5.05 % |
7 % |
Seq. Total Liabilities Change |
3.96 % |
0.58 % |
3.19 % |
-3.83 % |
32.28 % |
Tangible Leverage Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Construction Services Industry |
# 5 |
Capital Goods Sector |
# 33 |
Overall Market |
# 349 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
4.69 |
0.94 |
-0.83 |
(Sep 30 2013) |
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(Jun 30 2014) |
Cumulative Green Brick Partners Inc 's Tangible Leverage Ratio
GRBK's Tangible Leverage Ratio for the trailling 12 Months
GRBK Tangible Leverage Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Tangible Equity TTM Growth |
22.43 % |
23.57 % |
22.18 % |
21.88 % |
31.67 % |
Y / Y Total Liabilities TTM Growth |
3.77 % |
32.03 % |
37.25 % |
34.28 % |
31.97 % |
Tangible Leverage Ratio TTM |
0.64 |
0.66 |
0.66 |
0.64 |
0.63 |
Total
Ranking TTM |
# 5
| # 5
| # 6
| # 7
| # 1322
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Seq. Tangible Equity TTM Growth |
6.01 % |
5.65 % |
4.05 % |
5.05 % |
7 % |
Seq. Total Liabilities TTM Growth |
3.96 % |
0.58 % |
3.19 % |
-3.83 % |
32.28 % |
On the trailing twelve months basis Despite of the net new borrowings of 3.96% during the twelve months period ending in III Quarter 2023 Green Brick Partners Inc has managed to decrease Tangible Leverage Ratio in the III Quarter 2023 to 0.64, below Green Brick Partners Inc 's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Construction Services industry GRBK recorded the lowest Tangible Leverage Ratio. While total ranking remained unchanged compared to previous 12 month period at no. 5.
Explain Tangible Leverage Ratio?
What is GRBK Market Share?
What are GRBK´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Construction Services Industry |
# 0 |
Capital Goods Sector |
# 0 |
Within the Market |
# 5 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
4.02 |
0.79 |
0.23 | (Dec. 30, 2013) |
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(Sep. 30, 2014) |
Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2023, within Construction Services Industry | Tangible Leverage Ratio | Sep 30 2023 MRQ Total Liabilities | Sep 30 2023 MRQ Tangible Equity | Landsea Homes Corporation | 1.65 | $ 1,046.503 Millions | $ 632.808 Millions | Ies Holdings Inc | 1.62 | $ 489.517 Millions | $ 301.382 Millions | Granite Construction Incorporated | 1.62 | $ 1,511.490 Millions | $ 932.313 Millions | Gaucho Group Holdings Inc | 1.42 | $ 11.018 Millions | $ 7.786 Millions | Matrix Service Co | 1.38 | $ 203.155 Millions | $ 147.433 Millions | Beazer Homes Usa Inc | 1.34 | $ 1,462.470 Millions | $ 1,091.443 Millions | The St Joe Company | 1.25 | $ 864.719 Millions | $ 693.636 Millions | Toll Brothers Inc | 1.20 | $ 8,142.551 Millions | $ 6,813.202 Millions | Stratus Properties Inc | 1.13 | $ 334.358 Millions | $ 295.943 Millions | Lgi Homes Inc | 1.05 | $ 1,874.306 Millions | $ 1,790.657 Millions | Century Communities Inc | 1.00 | $ 2,262.156 Millions | $ 2,262.270 Millions | Kb Home | 0.99 | $ 3,800.792 Millions | $ 3,830.128 Millions | Taylor Morrison Home Corp | 0.93 | $ 4,213.545 Millions | $ 4,511.913 Millions | Tri Pointe Homes Inc | 0.91 | $ 2,511.254 Millions | $ 2,767.550 Millions | M d c Holdings Inc | 0.88 | $ 2,897.727 Millions | $ 3,292.543 Millions | Mi Homes Inc | 0.84 | $ 2,029.212 Millions | $ 2,409.312 Millions | Pultegroup Inc | 0.83 | $ 8,232.860 Millions | $ 9,884.611 Millions | Nvr Inc | 0.71 | $ 2,959.282 Millions | $ 4,165.236 Millions | D r Horton Inc | 0.62 | $ 14,236.200 Millions | $ 22,974.400 Millions | Green Brick Partners Inc | 0.61 | $ 772.473 Millions | $ 1,260.579 Millions | Lennar Corp | 0.61 | $ 13,503.036 Millions | $ 22,156.484 Millions | Meritage Homes Corporation | 0.56 | $ 2,468.103 Millions | $ 4,421.042 Millions | Preformed Line Products Company | 0.50 | $ 181.086 Millions | $ 358.653 Millions | Argan Inc | 0.48 | $ 122.650 Millions | $ 254.485 Millions | Cavco Industries Inc | 0.35 | $ 305.475 Millions | $ 874.235 Millions | Skyline Champion Corporation | 0.23 | $ 255.581 Millions | $ 1,103.320 Millions | Phoenix Plus Corp | 0.19 | $ 0.200 Millions | $ 1.075 Millions | Legacy Housing Corporation | 0.15 | $ 66.167 Millions | $ 429.476 Millions |
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