Meritage Historical Balance Sheet
MTH Stock | USD 70.38 1.09 1.53% |
Trend analysis of Meritage balance sheet accounts such as Net Debt of 481.5 M provides information on Meritage's total assets, liabilities, and equity, which is the actual value of Meritage to its prevalent stockholders. By breaking down trends over time using Meritage balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Meritage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Meritage is a good buy for the upcoming year.
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About Meritage Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Meritage at a specified time, usually calculated after every quarter, six months, or one year. Meritage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Meritage and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Meritage currently owns. An asset can also be divided into two categories, current and non-current.
Meritage Balance Sheet Chart
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Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from Meritage's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.As of now, Meritage's Non Current Assets Total are increasing as compared to previous years. The Meritage's current Non Currrent Assets Other is estimated to increase to about 273.1 M, while Short and Long Term Debt Total is projected to decrease to under 727.5 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 1.2B | 1.1B | 1.3B | 727.5M | Total Assets | 5.8B | 6.4B | 7.2B | 7.5B |
Meritage balance sheet Correlations
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Meritage Account Relationship Matchups
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Meritage balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 3.9B | 4.8B | 5.8B | 6.4B | 7.2B | 7.5B | |
Short Long Term Debt Total | 1.0B | 1.2B | 1.2B | 1.1B | 1.3B | 727.5M | |
Total Stockholder Equity | 2.3B | 3.0B | 3.9B | 4.6B | 5.1B | 5.4B | |
Net Debt | 274.5M | 541.7M | 289.1M | 141.0M | 655.0M | 481.5M | |
Retained Earnings | 1.9B | 2.6B | 3.6B | 4.3B | 5.0B | 5.2B | |
Non Current Assets Total | 182.6M | 91.8M | 95.8M | 332.3M | 333.6M | 635.9M | |
Non Currrent Assets Other | 103.3M | (116.8M) | (164.7M) | (3.7M) | 203.1M | 273.1M | |
Common Stock Shares Outstanding | 38.5M | 38.2M | 37.1M | 37.1M | 73.3M | 77.0M | |
Liabilities And Stockholders Equity | 3.9B | 4.8B | 5.8B | 6.4B | 7.2B | 7.5B | |
Non Current Liabilities Total | 1.0B | 1.2B | 1.2B | 1.1B | 1.8B | 1.9B | |
Other Stockholder Equity | 455.8M | 414.8M | 327.9M | 291.0M | 143.0M | 135.9M | |
Total Liab | 1.5B | 1.8B | 1.8B | 1.7B | 2.0B | 2.1B | |
Other Current Liab | 267.9M | 342.6M | 373.4M | 307.8M | (24.5M) | (23.3M) | |
Short Term Debt | 34.2M | 28.3M | 0.0 | 9.5M | 10.9M | 10.4M | |
Cash | 745.6M | 618.3M | 861.6M | 921.2M | 651.6M | 684.1M | |
Other Assets | 3.0B | 3.8B | 4.4B | 5.9B | 6.8B | 7.1B | |
Cash And Short Term Investments | 745.6M | 618.3M | 861.6M | 921.2M | 651.6M | 684.1M | |
Total Current Assets | 3.7B | 4.7B | 5.7B | 6.0B | 907.8M | 1.4B | |
Total Current Liabilities | 496.4M | 595.9M | 671.8M | 641.6M | 212.5M | 291.8M | |
Property Plant And Equipment Net | 38.9M | 37.3M | 38.6M | 100.2M | 47.3M | 44.9M | |
Accounts Payable | 175.3M | 216.0M | 273.3M | 271.7M | 212.5M | 117.7M | |
Net Receivables | 98.6M | 147.5M | 215.0M | 267.0M | 256.3M | 269.1M | |
Common Stock Total Equity | 382K | 375K | 373K | 366K | 420.9K | 325.3K | |
Property Plant And Equipment Gross | 38.9M | 123.9M | 123.3M | 122.7M | 116.6M | 132.9M | |
Common Stock | 375K | 373K | 366K | 364K | 360K | 330.5K | |
Other Liab | 24.2M | 25.1M | 49.8M | 38.0M | 43.7M | 33.7M | |
Long Term Debt | 1.0B | 1.2B | 1.2B | 1.0B | 1.3B | 871.2M | |
Good Will | 103.3M | 124.8M | 164.7M | 218.6M | 203.1M | 213.2M | |
Inventory | 2.8B | 3.7B | 4.4B | 4.7B | 5.7B | 6.0B | |
Property Plant Equipment | 50.6M | 38.9M | 37.3M | 38.6M | 44.4M | 30.8M | |
Other Current Assets | 59.5M | 215.5M | 241.4M | 111.4M | 192.4M | 202.0M | |
Net Tangible Assets | 2.0B | 2.3B | 3.0B | 3.9B | 4.5B | 4.8B | |
Retained Earnings Total Equity | 1.5B | 1.9B | 2.6B | 3.6B | 4.2B | 4.4B | |
Long Term Debt Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.3B | 1.1B | |
Capital Surpluse | 505.4M | 455.8M | 414.8M | 327.9M | 295.1M | 382.9M | |
Deferred Long Term Liab | 3.6M | 3.3M | 4.7M | 3.8M | 4.4M | 3.5M | |
Long Term Investments | 4.4M | 5.8M | 11.8M | 17.2M | 28.7M | 28.8M |
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When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 1.5 | Earnings Share 10.72 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.