Meritage Homes
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Meritage Homes's balance sheet done over the years? Its assets were worth $6,353,134,000 last year, which is more than in the previous period. 27% of Meritage Homes’s total assets is currently financed by debt. Its liabilities reached the amount of $1,741,234,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2014 | 2316138000 | 1.20B | 52.1% |
|---|---|---|---|
| 2015 | 2690522000 | 1.43B | 53.21% |
| 2016 | 2888691000 | 1.46B | 50.79% |
| 2017 | 3251258000 | 1.67B | 51.5% |
| 2018 | 3365479000 | 1.64B | 48.87% |
| 2019 | 3398249000 | 1.42B | 41.91% |
| 2020 | 3864398000 | 1.51B | 39.24% |
| 2021 | 4807533000 | 1.76B | 36.67% |
| 2022 | 5772101000 | 1.82B | 31.57% |
| 2023 | 6353134000 | 1.74B | 27.41% |
MTH Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 921.22M | 861.56M | 618.33M | 745.62M | 319.46M | 311.46M | 170.74M | 131.70M | 262.20M | 103.33M |
Short term investments | 0 | 11.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 266.97M | 215.01M | 147.54M | 98.57M | 88.49M | 77.28M | 79.31M | 70.35M | 57.29M | 56.76M |
Inventory | 4.72B | 4.35B | 3.73B | 2.77B | 2.74B | 2.74B | 2.73B | 2.42B | 2.09B | 1.87B |
Other current assets | 111.36M | 241.41M | 215.45M | 59.53M | -2.69B | 51.41M | 147.99M | 42.43M | 124.52M | 133.07M |
Total current assets | 6.02B | 5.67B | 4.71B | 3.68B | 458.85M | 3.18B | 3.04B | 2.70B | 2.50B | 2.13B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 48.95M | 38.63M | 37.34M | 38.93M | 50.60M | 54.59M | 33.63M | 33.20M | 33.97M | 32.40M |
Goodwill | 218.58M | 164.68M | 124.77M | 103.30M | 114.06M | 32.96M | 32.96M | 32.96M | 32.96M | 32.96M |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 17.17M | 11.75M | 5.76M | 4.35M | 4.44M | 17.48M | 17.06M | 17.09M | 11.37M | 10.78M |
Other non-current assets | 0 | -164.68M | -116.76M | 0 | 2.74B | 51.19M | 91.04M | 42.43M | 47.42M | 43.08M |
Total non-current assets | 332.28M | 95.84M | 91.78M | 182.63M | 2.93B | 182.69M | 209.87M | 179.01M | 184.87M | 183.37M |
Total assets | 6.35B | 5.77B | 4.80B | 3.86B | 3.39B | 3.36B | 3.25B | 2.88B | 2.69B | 2.31B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 36.60M | 37.96M | 42.61M | 25.07M | 24.24M | 28.63M | 34.05M | 28.34M | 36.19M | 29.37M |
Short term debt | 9.51M | 0 | 0 | 28.25M | 34.23M | 5.37M | 0 | 15M | 0 | 0 |
Total current liabilities | 641.61M | 671.84M | 595.89M | 496.44M | 405.27M | 334.66M | 355.65M | 339.88M | 303.8M | 267.14M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.06B | 1.15B | 1.16B | 1.02B | 1.01B | 1.31B | 1.28B | 1.12B | 1.11B | 935.20M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 37.36M | -1.15B | 7.21M | -33.93M | -33.34M | 1.15B | 250.11M | 231.39M | 171.90M | 187.82M |
Total non-current liabilities | 1.09B | 1.15B | 1.16B | 1.02B | 1.01B | 1.31B | 1.31B | 1.12B | 1.12B | 939.50M |
Total liabilities | 1.74B | 1.82B | 1.76B | 1.51B | 1.42B | 1.64B | 1.67B | 1.46B | 1.43B | 1.20B |
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