Meritage Balance Sheet - Quarterly (NYSE:MTH)

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$45.8 $0.3 (0.65%) MTH stock closing price Feb 22, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Meritage stock analysis. Financial strength can be guaged by performing Meritage stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Meritage revenue Meritage operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Meritage balance sheet for 2017 Q4 shows cash on hand of $170.75M. The company has a debt to equity ratio of 0.81.

View and download Meritage quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash170.75M115.16M216.73M85.68M131.7M107.91M128.17M172.17M262.2M235.4M
Marketable Securities----------
Receivables79.32M78.93M73.1M86.23M70.35M76.37M68.83M60.49M57.29M59.61M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets59.95M67.54M74.75M78.52M85.55M91.05M91.44M91.99M87.83M91.52M
Total Current Assets
310.01M261.64M364.59M250.44M287.61M275.33M288.45M324.65M407.34M386.55M
Property Plant & Equipment----81.05M---73.46M-
Accumulated Depreciation----47.85M---39.49M-
Net Property Plant & Equipment
2.8B2.83B2.68B2.56B2.46B2.46B2.34B2.25B2.13B2.12B
Investment & Advances17.07M16.37M16.67M16.92M17.09M11.83M11.18M10.59M11.37M10.37M
Other Non-Current Assets----------
Deferred Charges35.16M56.87M55.29M53.88M53.32M57.55M58.84M58.98M59.14M66.85M
Intangibles----------
Deposits & Other Assets85.15M83.12M83.11M79.74M75.39M65.43M67.36M66.56M80.39M77.01M
Total Assets
3.25B3.25B3.2B2.96B2.89B2.87B2.76B2.71B2.69B2.66B
Notes Payable----------
Accounts Payable140.52M140.49M139.95M136.8M140.68M148.26M126.02M122.28M106.44M113.86M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses181.08M193.1M166.08M158.66M170.85M180.68M154.64M145.88M161.16M161.8M
Income Taxes Payable----------
Other Current Liabilities34.06M39.44M36.19M32.79M28.34M36.98M39.64M42.63M36.19M39.58M
Total Current Liabilities
355.65M373.04M342.23M328.26M339.88M365.93M320.31M310.81M303.8M315.25M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt1.27B-1.34B-1.1B--1.09B1.1B1.1B
Long-Term Debt17.35M1.3B17.25M1.17B32.19M1.14B1.11B25.73M23.86M41.89M
Non-Current Capital Leases----------
Other Long-Term Liabilities34.98M35.76M8.48M8.48M------
Total Liabilities
1.67B1.71B1.71B1.51B1.47B1.51B1.43B1.43B1.43B1.46B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus584.58M582.41M578.29M575.8M572.5M570.22M566.5M563.89M559.49M556.12M
Retained Earnings991.84M956.29M913.74M872.16M848.58M796.78M759.89M720.01M699.04M646.15M
Treasury Stock----------
Other Liabilities----------
Shareholders Equity1.58B1.54B1.49B1.45B1.42B1.37B1.33B1.28B1.26B1.2B
Total Liabilities & Shareholders Equity3.25B3.25B3.2B2.96B2.89B2.87B2.76B2.71B2.69B2.66B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Meritage stock price, and Meritage historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Meritage PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Meritage owns and has monetary significance. MTH assets decreased from $3.25B in 2017 Q3 to $3.25B in 2017 Q4. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Meritage for the quarter 2017 Q4 total to $1.67B. Liabilities for a company like Meritage include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Meritage Balance Sheet - Key Ratios

Current ratio
0.87
Debt to equity ratio
0.81
Asset turnover ratio
1.17
Receivables turnover
41.68
Price to book ratio
1.24