M/I Homes Balance Sheet Health
Financial Health criteria checks 6/6
M/I Homes has a total shareholder equity of $2.5B and total debt of $859.6M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $4.0B and $1.5B respectively. M/I Homes's EBIT is $576.9M making its interest coverage ratio -19. It has cash and short-term investments of $736.2M.
Key information
34.2%
Debt to equity ratio
US$859.59m
Debt
Interest coverage ratio | -19x |
Cash | US$736.22m |
Equity | US$2.52b |
Total liabilities | US$1.51b |
Total assets | US$4.02b |
Recent financial health updates
Is M/I Homes (NYSE:MHO) A Risky Investment?
Jan 09These 4 Measures Indicate That M/I Homes (NYSE:MHO) Is Using Debt Reasonably Well
Sep 27M/I Homes (NYSE:MHO) Seems To Use Debt Quite Sensibly
Jun 21Here's Why M/I Homes (NYSE:MHO) Can Manage Its Debt Responsibly
Mar 20Is M/I Homes (NYSE:MHO) Using Too Much Debt?
Dec 02These 4 Measures Indicate That M/I Homes (NYSE:MHO) Is Using Debt Extensively
Aug 11Recent updates
M/I Homes: There Are Better Alternatives In The Homebuilding Industry
Mar 05M/I Homes, Inc. (NYSE:MHO) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 15M/I Homes Is Not A Good Buy Now
Feb 10M/I Homes: Cheap Homebuilder Primed For Growth
Jan 19Is M/I Homes (NYSE:MHO) A Risky Investment?
Jan 09M/I Homes: A Speculative Rally Built On Sand
Dec 29Returns Are Gaining Momentum At M/I Homes (NYSE:MHO)
Dec 04Strong Demand Helps M/I Homes Q3 Outperform With Record Revenue And Net Income
Oct 26M/I Homes: Affordability Headwinds Dampen Stock Sentiment
Oct 04These 4 Measures Indicate That M/I Homes (NYSE:MHO) Is Using Debt Reasonably Well
Sep 27At US$90.31, Is It Time To Put M/I Homes, Inc. (NYSE:MHO) On Your Watch List?
Aug 28Here's Why M/I Homes (NYSE:MHO) Has Caught The Eye Of Investors
Aug 14M/I Homes: No Margin Of Safety Even With Optimistic Scenarios
Jul 31This Analyst Just Made An Incredible Upgrade To Their M/I Homes, Inc. (NYSE:MHO) Earnings Forecasts
Jul 30We Think M/I Homes (NYSE:MHO) Might Have The DNA Of A Multi-Bagger
Jul 17M/I Homes (NYSE:MHO) Seems To Use Debt Quite Sensibly
Jun 21M/I Homes: Some Insiders Are 'Ringing The Register'
May 29Why M/I Homes, Inc. (NYSE:MHO) Could Be Worth Watching
May 25We Ran A Stock Scan For Earnings Growth And M/I Homes (NYSE:MHO) Passed With Ease
Apr 20Why We Like The Returns At M/I Homes (NYSE:MHO)
Apr 07Here's Why M/I Homes (NYSE:MHO) Can Manage Its Debt Responsibly
Mar 20Is There Now An Opportunity In M/I Homes, Inc. (NYSE:MHO)?
Feb 09M/I Homes Q4 2022 Earnings Preview
Jan 31M/I Homes: Customer Dissatisfaction Amidst A Bleak Outlook Poses Major Threat
Jan 04We Like M/I Homes' (NYSE:MHO) Returns And Here's How They're Trending
Jan 04Do M/I Homes' (NYSE:MHO) Earnings Warrant Your Attention?
Dec 18Is M/I Homes (NYSE:MHO) Using Too Much Debt?
Dec 02At US$42.45, Is M/I Homes, Inc. (NYSE:MHO) Worth Looking At Closely?
Oct 26M/I Homes: Long-Term Housing Shortage Guarantees Growth
Oct 21M/I Homes (NYSE:MHO) Is Doing The Right Things To Multiply Its Share Price
Sep 18Should You Be Adding M/I Homes (NYSE:MHO) To Your Watchlist Today?
Sep 02These 4 Measures Indicate That M/I Homes (NYSE:MHO) Is Using Debt Extensively
Aug 11M/I Homes: Strong Q2 2022 Results And An Attractive Valuation
Aug 09M/I Homes Q2 2022 Earnings Preview
Jul 26What Is M/I Homes, Inc.'s (NYSE:MHO) Share Price Doing?
Jul 03M/I Homes: Buy Now At Decade Low Valuation Multiples
Jun 02M/I Homes (NYSE:MHO) Is Looking To Continue Growing Its Returns On Capital
May 31With EPS Growth And More, M/I Homes (NYSE:MHO) Is Interesting
May 16Here's Why M/I Homes (NYSE:MHO) Can Manage Its Debt Responsibly
May 01M/I Homes: Deep Value Play And Potential Takeover Target
Apr 13Here's Why We Think M/I Homes (NYSE:MHO) Is Well Worth Watching
Feb 11Homebuilder M/I Homes: Selling Below Liquidation Value. That's Cheap In My Book
Feb 04M/I Homes (NYSE:MHO) Has A Pretty Healthy Balance Sheet
Jan 26M/I Homes (NYSE:MHO) Shareholders Will Want The ROCE Trajectory To Continue
Dec 27M/I Homes' (NYSE:MHO) Promising Earnings May Rest On Soft Foundations
Nov 05Here's Why We Think M/I Homes (NYSE:MHO) Is Well Worth Watching
Nov 03Homebuilders Pulte And M/I Homes: Well Worth The Risk At These Prices
Oct 29M/I Homes (NYSE:MHO) Seems To Use Debt Quite Sensibly
Oct 19M/I Homes (NYSE:MHO) Is Doing The Right Things To Multiply Its Share Price
Sep 25M/I Homes: Another Super-Cheap Homebuilder, Could Double From Here
Sep 03M/I Homes: A Small But Fast-Growing Homebuilder
Aug 09M/I Homes: And The Growth Story Goes On
Aug 01Financial Position Analysis
Short Term Liabilities: MHO's short term assets ($3.8B) exceed its short term liabilities ($508.8M).
Long Term Liabilities: MHO's short term assets ($3.8B) exceed its long term liabilities ($996.7M).
Debt to Equity History and Analysis
Debt Level: MHO's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: MHO's debt to equity ratio has reduced from 96% to 34.2% over the past 5 years.
Debt Coverage: MHO's debt is well covered by operating cash flow (64.2%).
Interest Coverage: MHO earns more interest than it pays, so coverage of interest payments is not a concern.