LGI Homes LGIH Refundable land deposits of purchase contracts of finished lots
Refundable land deposits of purchase contracts of finished lots at other companies
Other financials
Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept lgih:RefundableLandDepositsOfPurchaseContractsofFinishedLots.
The official record: LGI Homes’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is LGI Homes's refundable land deposits of purchase contracts of finished lots?
- LGI Homes (LGIH) reported refundable land deposits of purchase contracts of finished lots of $9.3M in Q1 2026.
- How has LGI Homes's refundable land deposits of purchase contracts of finished lots changed year-over-year?
- LGI Homes's refundable land deposits of purchase contracts of finished lots increased by 16.3% year-over-year, from $8M to $9.3M.
- What is the long-term trend for LGI Homes's refundable land deposits of purchase contracts of finished lots?
- Over 5 years (2020 to 2025), LGI Homes's refundable land deposits of purchase contracts of finished lots has grown at a -19.3% compound annual growth rate (CAGR), from $24M to $8.2M.
- What does refundable land deposits of purchase contracts of finished lots mean?
- This represents the cash deposits paid by the company to secure land purchase contracts that are eligible for refund under specific contractual terms. These deposits act as a form of earnest money that protects the company's capital if a land deal fails to close due to unforeseen issues. It is a measure of the company's working capital tied up in land acquisition activities.