M.D.C. Holdings Balance Sheet Health
Financial Health criteria checks 6/6
M.D.C. Holdings has a total shareholder equity of $3.4B and total debt of $1.7B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are $5.6B and $2.3B respectively. M.D.C. Holdings's EBIT is $481.9M making its interest coverage ratio -6.8. It has cash and short-term investments of $1.5B.
Key information
50.3%
Debt to equity ratio
US$1.70b
Debt
| Interest coverage ratio | -6.8x |
| Cash | US$1.48b |
| Equity | US$3.38b |
| Total liabilities | US$2.25b |
| Total assets | US$5.63b |
Recent financial health updates
We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt
Dec 18
We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt
Sep 05Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?
Jun 05Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?
Mar 07Recent updates
M.D.C. Sells To Sekisui At An Attractive Price; Further Upside Is Unlikely
Jan 18Earnings Working Against M.D.C. Holdings, Inc.'s (NYSE:MDC) Share Price
Jan 03We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt
Dec 18Returns On Capital At M.D.C. Holdings (NYSE:MDC) Have Hit The Brakes
Nov 18M.D.C. Holdings: Navigating Through A Tough Housing Market
Nov 17Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?
Nov 03M.D.C. Holdings, Inc.'s (NYSE:MDC) Intrinsic Value Is Potentially 24% Below Its Share Price
Sep 22M.D.C. Holdings: Awaiting Q3 Results To Validate If Earnings Normalization Phase Has Started
Sep 06We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt
Sep 05Upgrade: Analysts Just Made A Substantial Increase To Their M.D.C. Holdings, Inc. (NYSE:MDC) Forecasts
Aug 01Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?
Jul 28We Like These Underlying Return On Capital Trends At M.D.C. Holdings (NYSE:MDC)
Jul 13M.D.C. Holdings: Not The Best Financially But Has A Margin Of Safety
Jul 09Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?
Jun 05M.D.C. Holdings: Trends Are Turning, But Better To Wait And See
May 26M.D.C. Holdings' (NYSE:MDC) Dividend Will Be $0.50
Apr 21When Should You Buy M.D.C. Holdings, Inc. (NYSE:MDC)?
Apr 14Returns on Capital Paint A Bright Future For M.D.C. Holdings (NYSE:MDC)
Mar 30Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?
Mar 07M.D.C. Holdings: Near-Term Concerns May Weigh On Share Price Performance
Feb 08M.D.C. Q4 2022 Earnings Preview
Jan 30M.D.C. Holdings (NYSE:MDC) Will Pay A Dividend Of $0.50
Jan 28M.D.C. Holdings declares $0.50 dividend
Jan 24M.D.C. Holdings, Inc. (NYSE:MDC) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jan 13Is M.D.C. Holdings, Inc. (NYSE:MDC) Potentially Undervalued?
Dec 29Returns On Capital Are A Standout For M.D.C. Holdings (NYSE:MDC)
Dec 13Financial Position Analysis
Short Term Liabilities: MDC's short term assets ($5.4B) exceed its short term liabilities ($744.2M).
Long Term Liabilities: MDC's short term assets ($5.4B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: MDC's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: MDC's debt to equity ratio has reduced from 71.1% to 50.3% over the past 5 years.
Debt Coverage: MDC's debt is well covered by operating cash flow (33.1%).
Interest Coverage: MDC earns more interest than it pays, so coverage of interest payments is not a concern.