Smith Douglas Homes (SDHC) Balance Sheet: Assets & Liabilities

Smith Douglas Homes (SDHC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Smith Douglas Homes reported total assets of $557.59M and total liabilities of $113.46M. Shareholders' equity was $444.14M, up 503.2% from $73.63M a year earlier. Total debt stood at $118.22M against $12.74M in cash and short-term investments, a net debt position of $105.48M. That puts debt-to-equity at 0.27, compared with 0.16 a year earlier.

Smith Douglas Homes Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Smith Douglas Homes Corp. (SDHC) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	12.74	22.36	19.78	29.60	25.34
Cash & Short-Term Investments	12.74	22.36	19.78	29.60	25.34
Accounts Receivable	15.71	14.85	10.55	8.99	3.61
Inventory	298.64	277.83	213.10	142.07	138.93
Other Current Assets	166.81	105.84	73.91	35.47	26.27
Total Current Assets	332.37	420.89	304.01	181.65	168.44
Non-Current Assets
Property, Plant & Equipment (Net)	9.72	12.67	20.15	1.31	1.19
Long-Term Investments	2.30	0.00	10.55	9.44	2.31
Goodwill	25.73	25.73	25.73	0.00	0.00
Other Non-Current Assets	43.96	5.71	2.81	14.93	7.15
Total Non-Current Assets	86.46	55.02	48.68	8.69	7.95
Total Assets	557.59	475.90	352.69	223.37	201.19
Current Liabilities
Accounts Payable	1.94	17.23	17.32	10.94	8.82
Short-Term Debt	44.08	0.00	75.63	15.00	72.00
Accrued Liabilities	26.43	23.36	16.12	21.04	13.51
Deferred Revenue	3.11	5.30	7.17	9.44	9.87
Other Current Liabilities	28.05	15.14	16.82	2.45	1.47
Total Current Liabilities	103.60	48.08	43.39	58.86	105.67
Non-Current Liabilities
Long-Term Debt	74.15	12.07	75.63	16.32	1.49
Other Non-Current Liabilities	9.86	14.02	3.28	5.01	2.86
Total Non-Current Liabilities	9.86	26.10	100.40	21.59	5.29
Total Liabilities	113.46	74.17	143.79	58.86	105.67
Stockholders' Equity
Common Stock	0.01	0.01	208.90	164.51	95.52
Retained Earnings	26.11	15.42	0.00	0.00	0.00
Additional Paid-in Capital	60.61	58.21	0.00	0.00	0.00
Minority Interest	357.41	328.10	0.00	0.00	0.00
Shares Outstanding	9.02	8.85	7.69	7.69	7.69
Total Stockholders' Equity	444.14	73.63	208.90	164.51	95.52
Total Liabilities & Equity	557.59	475.90	352.69	223.37	201.19

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Smith Douglas Homes Balance Sheet

How much debt does Smith Douglas Homes have?

Smith Douglas Homes had total debt of $118.22M as of Dec 31, 2025, against $12.74M in cash and short-term investments. Its debt-to-equity ratio was 0.27. Total debt was $12.07M a year earlier.

What are Smith Douglas Homes's total assets?

Smith Douglas Homes reported total assets of $557.59M as of Dec 31, 2025, up 17.2% from $475.90M a year earlier. Total liabilities were $113.46M.

What is Smith Douglas Homes's shareholders' equity?

Smith Douglas Homes's shareholders' equity was $444.14M as of Dec 31, 2025, or about $49.25 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition