Meritage Homes Financial Health
How is Meritage Homes's financial position?
[object Object] Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MTH's short term assets ($5.4B) exceed its short term liabilities ($651.7M).
Long Term Liabilities: MTH's short term assets ($5.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: MTH's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: MTH's debt to equity ratio has reduced from 84.7% to 31.4% over the past 5 years.
Debt Coverage: MTH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MTH's interest payments on its debt are well covered by EBIT (11196.7x coverage).