In terms of working capital, LGI Homes, Inc. maintains a healthy position.
The total current assets of the company are valued at $3197945000.
This represents a growth rate of 8.205% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $48978000, exhibiting a growth rate of 53.066% year-on-year.
The receivables, another significant portion of the current assets, are valued at $41319000.
The year-on-year growth rate for receivables is 64.336%.
The inventory, which forms a critical part of the assets, is valued at $3107648000.
This represents a healthy year-on-year growth of 7.223%
On the liabilities side, the company's current liabilities total $235484000.
This reflects a growth rate of -35.557% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
48.98
32.00
50.51
35.94
38.34
46.62
Receavebles
41.32
25.14
57.91
115.94
56.39
42.84
Inventory
3107.65
2898.30
2085.90
1569.49
1499.62
1228.26
Other
6.90
8.30
12.00
6.50
7.80
0.00
Total Current Assets
3197.95
2955.44
2194.33
1721.37
1594.36
1317.72
Acc Payable
31.62
25.29
14.17
13.68
12.49
9.24
Short Term Debt
104.46
141.79
1.42
296.68
296.03
0.00
Other Current Liab
99.41
198.34
136.61
161.67
178.16
76.56
Current Liabilities
235.48
365.42
150.78
148.68
130.36
85.80
Capital Structure
When examining the capital structure of LGI Homes, Inc., it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $3522886000.
When juxtaposed with the previous year, this marks a growth rate of 13.608%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $1653683000.
Compared to the prior year, this reflects a growth rate of 15.910%.
The long-term debt forms a sizable part of these liabilities, coming in at $1383220000.
Over the last year, the long-term debt has grown by 32.260%.
On the asset side, the cash and equivalent reserves are worth $48996000.
The year-on-year growth of these reserves is 14.034%.
The company's common stock, another important asset, holds a value of $276000, growing at a rate of 0.364% from the previous year.
Finally, the company's retained earnings stand at $1906769000, marking a growth rate of 11.023% year-over-year.
These earnings represent the profits that LGI Homes, Inc. has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$3,522.89
Total liabilities
$1,653,683,000.00
Long term debt
$1,383.22
Cash and eqv
$48,996,000.00
Goodwill
$12.02
Retained earnings
$1,906,769,000.00
Common stock
$0.00
Enterprise Value
$3.42
Net earnings per share (EPS)
LGI Homes, Inc. has an EPS of $0.72, which signifies the profit allocated per share of common stock. With a growth rate of -91.499% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
