What is Smith Douglas Homes's operating lease ROU assets?

Smith Douglas Homes (SDHC) reported operating lease ROU assets of 6.4% in Q1 2024.

What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Smith Douglas Homes SDHC Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

D.R. HortonDHI

$46.5M+7.1%

LGI HomesLGIH

5.9%0.0pp

Hovnanian Enterprises, Inc.HOV

8.1%-2.1pp

Meritage HomesMTH

$57.16M+4.5%

PultegroupPHM

——

LennarLEN

——

Other financials

Income statement

See full

Revenue$206.4M-8.1%

Gross profit$40.5M-24.4%

Net income$565.0K-78.9%

EPS (diluted)$0.06-80.0%

Balance sheet

See full

Cash & equivalents$28.0M+121%

Total debt$1.9M-39.3%

Total equity$82.1M+6.8%

Total assets$600.2M+16.8%

Cash flow

See full

Operating cash flow$338.0K+101%

CapEx$540.0K-47.8%

Free cash flow-$202.0K+99.4%

Valuation

See full

Market cap$132.8M-19.5%

Enterprise value$106.71M-29.1%

P/E15.5×+4.1×

P/S0.1×0.0×

Profitability

See full

Gross margin20.9%-4.8pp

Net margin0.9%-0.7pp

FCF margin-3.9%-7.3pp

Returns & leverage

See full

Return on equity10.8%-12.3pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Smith Douglas Homes in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

The official record: Smith Douglas Homes’s 10-Q, filed May 15, 2024, on SEC EDGAR. View the filing →

Ask your AI about Smith Douglas Homes's operating lease rou assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Smith Douglas Homes's operating lease ROU assets?: Smith Douglas Homes (SDHC) reported operating lease ROU assets of 6.4% in Q1 2024.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.