Discontinued — last reported Q3 '23
Business Segments · Gain on repurchase of debt
Homebuilding — Gain on repurchase of debt
Analysis
StatementSegment
CategoryLeverage
SignalHigher is better
VolatilityVolatile
First reportedQ3 2023
Last reportedQ3 2023Sep 29, 2023
Rolls up toGain (loss) on extinguishment of debt
How to read this metric
An increase signals that the company is successfully reducing its debt burden at a discount, improving its net financial position.
Detailed definition
The specific profit realized when a company buys back its own outstanding debt securities in the open market at a price...
Peer comparison
Similar to 'Gain on Debt Extinguishment' but specifically focused on open-market repurchases.
Metric ID:
len_segment_homebuilding_gain_on_repurchase_of_debtHistorical Data
1 periods
| Q3 '23 | |
|---|---|
| Value | $6.00M |
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Frequently Asked Questions
- What is Lennar's homebuilding — gain on repurchase of debt?
- Lennar (LEN) reported homebuilding — gain on repurchase of debt of $6.00M in Q2 2023.
- What does homebuilding — gain on repurchase of debt mean?
- Profit made from buying back company debt at a discount.