Meritage Balance Sheet - Annual (NYSE:MTH)

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$40.45 $0.3 (0.75%) MTH stock closing price Sep 22, 2017 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Meritage, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Meritage stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. The Meritage balance sheet for 2016 shows total assets of $2.89B. Meritage revenue was $3.04B and Meritage operating cash flow was $-103.4M for the same year. View latest 0 year balance sheet data to check Meritage financial performance.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Cash131.7M262.2M103.33M274.13M209.39M185.75M113.29M265.67M205.92M27.67M
Marketable Securities----------
Receivables70.35M57.29M56.76M38.98M20.29M14.93M20.83M115.44M142.55M56.07M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets85.55M87.83M94.98M51.59M40.83M31.68M23.93M19.55M67.7M23.72M
Meritage Total Current Assets
287.61M407.34M255.08M364.71M270.52M232.37M158.06M400.68M416.17M107.48M
Property Plant & Equipment81.05M73.46M--------
Accumulated Depreciation47.85M39.49M--------
Meritage Net Property Plant & Equipment
2.46B2.13B1.92B1.43B1.13B828.91M754.39M700.81M887.75M1.31B
Investment & Advances17.09M11.37M10.78M101.32M98.15M158.51M310.33M137.58M17.28M26.56M
Other Non-Current Assets----------
Deferred Charges53.32M59.14M64.13M70.4M77.97M----139.05M
Intangibles---39.23M-1.57M2.14M3.59M5.02M8.18M
Deposits & Other Assets75.39M80.39M71.05M------154.61M
Meritage Total Assets
2.89B2.69B2.32B2B1.58B1.22B1.22B1.24B1.33B1.75B
Notes Payable----------
Accounts Payable140.68M106.44M83.61M68.01M49.8M37.73M23.58M30.29M31.65M59.68M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses170.85M161.16M154.14M166.61M96.37M79.46M87.81M103.23M125.1M202.79M
Income Taxes Payable----------
Other Current Liabilities28.34M36.19M29.37M21.99M12.37M8.85M6.89M9.5M8.48M19.48M
Meritage Total Current Liabilities
339.88M303.8M267.14M256.62M158.55M126.05M118.29M143.03M165.24M281.95M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt1.1B1.1B904.48M-------
Long-Term Debt32.19M23.86M30.72M905.05M722.79M606.4M605.78M605M628.96M729.87M
Non-Current Capital Leases----------
Other Long-Term Liabilities--4.29M0.28M--0.86M9.2M4.83M6.38M
Meritage Total Liabilities
1.47B1.43B1.21B1.16B881.35M732.46M724.94M757.24M799.04M1.02B
Minority Interest----------
Preferred Stock----------
Common Stock Net0.4M0.39M0.39M0.36M0.35M0.4M0.4M0.39M0.38M0.34M
Capital Surplus572.5M559.49M538.78M412.96M390.24M478.83M468.82M461.4M436.73M347.79M
Retained Earnings848.58M699.04M570.31M428.06M303.6M198.44M219.54M212.39M278.85M570.78M
Treasury Stock-----188.77M188.77M188.77M188.77M188.76M
Other Liabilities----------
Meritage Shareholders Equity
1.42B1.26B1.11B841.39M694.21M488.91M499.99M485.42M527.2M730.16M
Meritage Total Liabilities & Shareholders Equity
2.89B2.69B2.32B2B1.58B1.22B1.22B1.24B1.33B1.75B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Meritage stock price by looking at Meritage historical stock prices. One can compare PE with industry average by looking at the Meritage PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Meritage owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MTH stock as of year is $2.89B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. MTH stock had total liabilities of $1.47B for year 2016.
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Meritage Balance Sheet - Key Ratios

Current ratio
1.07
Debt to equity ratio
0.91
Asset turnover ratio
1.04
Receivables turnover
41.5
price to book ratio
1.16