Discontinued — last reported Q4 '15

Business Segments · Letters Of Credit Outstanding Amount

Lennar Homebuilding — Letters Of Credit Outstanding Amount

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2015Jan 22, 2016

How to read this metric

An increase reflects higher development activity, while a decrease may indicate completed projects or reduced development commitments.

Detailed definition

The total value of financial guarantees issued by banks on behalf of the homebuilding segment to ensure performance on d...

Peer comparison

Standard metric for homebuilders under 'Off-Balance Sheet Commitments' or 'Contingent Liabilities'.

Metric ID: len_segment_lennar_homebuilding_letters_of_credit_outstanding_amount

Frequently Asked Questions

What does lennar homebuilding — letters of credit outstanding amount mean?
The total amount of bank-guaranteed credit used to secure development obligations.