Meritage Homes Corporation (MTH) quarterly balance sheet — complete assets, liabilities & equity history
| Total Current Assets | 1.05B | 7.24B | 7.39B | 7.39B | 7.33B | 6.83B | 6.78B | 6.58B | 6.19B | 6.02B | 5.87B | 5.79B |
| Cash & Short-Term Investments | 766.63M | 775.16M | 728.94M | 930.46M | 1.01B | 651.55M | 831.56M | 992.92M | 905.3M | 921.23M | 1.05B | 1.16B |
| Cash Only | 766.63M | 775.16M | 728.94M | 930.46M | 1.01B | 651.55M | 831.56M | 992.92M | 905.3M | 921.23M | 1.05B | 1.16B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 280.92M | 306.96M | 321.76M | 270.84M | 262.1M | 256.28M | 286.94M | 258.14M | 243.32M | 266.97M | 228.85M | 210.07M |
| Days Sales Outstanding | 23.55 | 20.14 | 19.14 | 14.85 | 17.09 | 15.41 | 15.71 | 13.41 | 15.74 | 13.74 | 12.47 | 12.13 |
| Inventory | 6.13B | 6.16B | 6.14B | 5.96B | 5.8B | 5.73B | 5.46B | 5.18B | 4.91B | 4.72B | 4.5B | 4.35B |
| Days Inventory Outstanding | 598.92 | 471.38 | 484.83 | 415.86 | 488.44 | 414.49 | 407.51 | 365.01 | 399.49 | 342.59 | 343.92 | 330.29 |
| Other Current Assets | -6.13B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 317.98M | 409.2M | 368.97M | 370.04M | 370.96M | 333.64M | 320.39M | 341.14M | 303.36M | 332.28M | 309.4M | 272.75M |
| Property, Plant & Equipment | 46.06M | 103.63M | 47.98M | 46.45M | 47.02M | 47.28M | 47.23M | 46.59M | 47.87M | 48.95M | 50.82M | 47.31M |
| Fixed Asset Turnover | 15.01x | 18.94x | 30.17x | 34.95x | 28.94x | 34.32x | 34.04x | 36.04x | 30.46x | 33.28x | 33.00x | 35.36x |
| Goodwill | 220.71M | 32.96M | 32.96M | 32.96M | 32.96M | 32.96M | 32.96M | 32.96M | 32.96M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 60.76M | 57.27M | 45.71M | 34.68M | 31.29M | 28.73M | 18.22M | 23.63M | 18.74M | 17.17M | 15.06M | 12.45M |
| Other Non-Current Assets | -60.76M | 131.73M | 195.09M | 203.55M | 205.55M | 170.13M | 170.83M | 177.8M | 156.79M | 218.58M | 197.59M | 167.95M |
| Total Assets | 7.55B | 7.65B | 7.76B | 7.76B | 7.7B | 7.16B | 7.1B | 6.92B | 6.49B | 6.35B | 6.18B | 6.07B |
| Asset Turnover | 0.15x | 0.19x | 0.18x | 0.21x | 0.18x | 0.23x | 0.23x | 0.25x | 0.23x | 0.26x | 0.26x | 0.26x |
| Asset Growth % | -1.89% | 6.84% | 9.22% | 12.02% | 18.66% | 12.74% | 14.91% | 14.15% | 10.53% | 10.07% | 10.96% | 14.28% |
| Total Current Liabilities | 199.94M | 597.59M | 547.66M | 567.77M | 577.25M | 596.68M | 666.77M | 638.31M | 678.69M | 641.62M | 663.92M | 601.03M |
| Accounts Payable | 199.94M | 200.68M | 217.88M | 242.08M | 229.84M | 212.48M | 287.4M | 299.78M | 306.15M | 271.65M | 294.18M | 276.12M |
| Days Payables Outstanding | 19.52 | 16.04 | 18.42 | 16.68 | 18.74 | 18.52 | 22.51 | 21.92 | 23.95 | 21.02 | 22.16 | 20.48 |
| Short-Term Debt | 0 | 60.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 9.42M | 10.95M | 17.65M | 20.51M | 32.13M | 39.38M | 42.8M | 36.6M | 48.13M | 49.78M |
| Other Current Liabilities | 0 | 223.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 5.24x | 12.12x | 13.49x | 13.01x | 12.70x | 11.44x | 10.17x | 10.31x | 9.11x | 9.38x | 8.85x | 9.64x |
| Quick Ratio | -25.41x | 1.81x | 2.28x | 2.51x | 2.65x | 1.84x | 1.99x | 2.21x | 1.87x | 2.03x | 2.07x | 2.40x |
| Cash Conversion Cycle | 602.94 | 475.49 | 485.55 | 414.02 | 486.8 | 411.38 | 400.71 | 356.5 | 391.28 | 335.31 | 334.23 | 321.93 |
| Total Non-Current Liabilities | 2.26B | 1.86B | 1.92B | 1.92B | 1.93B | 1.42B | 1.41B | 1.4B | 1.09B | 1.1B | 1.1B | 1.22B |
| Long-Term Debt | 1.81B | 1.83B | 1.83B | 1.83B | 1.84B | 1.34B | 1.31B | 1.31B | 1B | 1.01B | 1.01B | 1.16B |
| Capital Lease Obligations | 0 | 0 | 61.98M | 56.14M | 57.6M | 55.83M | 57.28M | 55.06M | 52.1M | 54.04M | 52.34M | 24.75M |
| Deferred Tax Liabilities | 0 | 30.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 454.62M | 0 | 32.37M | 35.56M | 35.35M | 32.69M | 35.35M | 34.77M | 36.36M | 37.36M | 39.15M | 36.22M |
| Total Liabilities | 2.46B | 2.46B | 2.47B | 2.49B | 2.51B | 2.02B | 2.07B | 2.04B | 1.77B | 1.74B | 1.76B | 1.82B |
| Total Debt | 1.81B | 1.89B | 1.89B | 1.88B | 1.89B | 1.39B | 1.37B | 1.37B | 1.05B | 1.06B | 1.06B | 1.18B |
| Net Debt | 1.04B | 1.11B | 1.16B | 953.4M | 881.22M | 740.15M | 539.98M | 375.45M | 148.38M | 141.03M | 9.01M | 16.86M |
| Debt / Equity | 0.35x | 0.36x | 0.36x | 0.36x | 0.36x | 0.27x | 0.27x | 0.28x | 0.22x | 0.23x | 0.24x | 0.28x |
| Debt / EBITDA | 25.55x | 20.31x | 14.99x | 9.97x | 12.09x | 6.50x | 5.58x | 4.67x | 4.56x | 4.19x | 3.78x | 5.07x |
| Net Debt / EBITDA | 14.71x | 11.98x | 9.21x | 5.05x | 5.63x | 3.46x | 2.20x | 1.28x | 0.64x | 0.56x | 0.03x | 0.07x |
| Interest Coverage | 111.27x | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 5.09B | 5.2B | 5.29B | 5.27B | 5.19B | 5.14B | 5.03B | 4.88B | 4.72B | 4.61B | 4.42B | 4.25B |
| Equity Growth % | -1.94% | 1.05% | 5.12% | 7.92% | 10.04% | 11.48% | 13.77% | 14.93% | 16.06% | 16.77% | 20.08% | 24.49% |
| Book Value per Share | 75.61 | 74.44 | 74.81 | 73.51 | 71.50 | 70.11 | 68.58 | 66.49 | 64.17 | 62.41 | 59.62 | 57.11 |
| Total Shareholders' Equity | 5.09B | 5.2B | 5.29B | 5.27B | 5.19B | 5.14B | 5.03B | 4.88B | 4.72B | 4.61B | 4.42B | 4.25B |
| Common Stock | 667K | 682K | 704K | 712K | 718K | 360K | 362K | 363K | 363K | 364K | 364K | 368K |
| Retained Earnings | 5.09B | 5.19B | 5.28B | 5.21B | 5.09B | 5B | 4.85B | 4.68B | 4.48B | 4.32B | 4.13B | 3.92B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |