LGIH: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, LGIH has $4,010,165K in assets. $1,907,751K in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	60,860	61,247	61,979	59,560
Accounts receivable	45,011	32,467	21,239	34,596
Real estate inventory	3,540,731	3,520,563	3,646,945	3,650,443
Pre-acquisition costs and deposits	24,970	28,950	27,720	29,030
Property and equipment, net	124,805	107,145	101,550	93,802
Other assets	192,849	154,948	158,756	116,196
Deferred tax assets, net	8,921	9,904	9,624	10,433
Goodwill	12,018	12,018	12,018	12,018
Total assets	4,010,165	3,927,242	4,039,831	4,006,078

Accounts payable	38,569	16,179	37,944	46,044
Real estate inventory development and construction payable	57,001	57,103	58,306	-
Taxes payable	10,689	9,704	3,354	-
Land banking financing arrangements	4,224	7,976	13,555	-
Accrued compensation, bonuses and benefits	7,703	14,677	11,717	-
Warranty reserve	14,300	14,500	15,500	-
Accrued interest	26,929	14,223	27,150	-
Inventory related obligations	11,371	11,641	12,443	-
Lease liability	5,049	5,139	5,568	-
Contract deposits	6,380	5,845	3,308	-
Other	16,079	17,163	20,185	-
Accrued expenses and other liabilities	159,725	157,971	171,086	162,059
Notes payable	1,709,457	1,656,803	1,751,427	1,740,830
Total liabilities	1,907,751	1,830,953	1,960,457	1,948,933
Commitments and contingencies	278	277	277	277
Additional Paid In Capital	351,272	347,308	347,714	345,189
Retained earnings	2,160,499	2,158,339	2,141,018	2,121,314
Treasury Stock Value	409,635	409,635	409,635	409,635
Total equity	2,102,414	2,096,289	2,079,374	2,057,145
Total liabilities and equity	4,010,165	3,927,242	4,039,831	4,006,078

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.