Meritage Homes Financial Health

How is Meritage Homes's financial position?

[object Object] Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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