Meritage Cash Flow - 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 MTH requires an investor to check the cash flows for Meritage. While its important to look at the Meritage debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Meritage revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Meritage had cash and cash equivalents of $131.7M at beginning of the quarter and $170.75M at quarter end of 2017 Q4. Meritage cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Meritage had an outflow of $-87.13M from operating activities, $143.25M inflow due to financing activities, and $-17.07M outflow due to investing activities till 2017 Q4.

View and download details of Meritage cash flows for latest & last 40 quarters
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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
Net Income Cash Flow
143.26M107.7M65.15M23.57M149.54M97.73M60.84M20.96M128.73M75.84M
Depreciation Depletion Amortization Cash-Flow16.7M12.07M7.87M3.67M15.97M11.47M7.6M3.4M14.24M10.29M
Net Increase (Decrease) in Assets Liabilities-284.06M-305.24M-209.15M-115.46M-291.07M-273.85M-190.5M-113.35M-171.47M-151.71M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net36.97M11.04M5.38M3.45M22.15M16.3M11.44M7.16M25.15M12.33M
Net Cash from (used by) Operating Activities
-87.13M-174.42M-130.74M-84.76M-103.4M-148.34M-110.61M-81.81M-3.33M-53.24M
Increase (Decrease) in Prop Plant And Equipment-17.74M-11.78M-8.23M-3.18M-16.46M-12.11M-7.48M-3.9M-16M-12.24M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments-0.67M-0.4M-0.4M-0.01M-7.24M-0.24M-0.15M-0.06M-0.48M-0.3M
Other Cash Inflow (Outflow) from Investment Activities1.34M1.25M1.25M-3.6M-----
Net Cash from (used by) Investment Activities
-17.07M-10.94M-7.39M-3.19M-20.1M-12.35M-7.64M-3.96M-16.48M-12.54M
Issuance (Purchase) of Equity Shares--------2.88M2.88M
Issuance (Repayment) of Debt Securities147.34M172.81M227.17M41.95M-6.27M6.71M-15.48M-3.89M176.77M195.95M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities-4.09M-3.98M-3.99M--0.95M-0.54M-0.52M-0.51M-0.96M-0.97M
Net Cash from (used by) Financing Activities
143.25M168.83M223.17M41.95M-6.99M6.4M-15.77M-4.24M178.69M197.86M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
39.04M-16.53M85.03M-46.01M-130.5M-154.29M-134.03M-90.03M158.87M132.07M
Cash & Equivalents at Beginning of Year131.7M262.2M103.33M274.13M170.45M173.61M103.95M249.33M205.92M27.67M
Cash & Equivalents at Year End170.75M115.16M216.73M85.68M131.7M107.91M128.17M172.17M262.2M235.4M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Meritage stock price history provides the price history of a stock, Meritage stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Meritage had a Net Change in Cash and Cash Equivalents of $39.04M in the latest quarter 2017 Q4. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Meritage stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Meritage decreased its cash from operating activities to $-87.13M till 2017 Q4. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-17.07M for MTH till last quarter 2017 Q4 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $143.25M for Meritage. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Meritage Cash Flow

FCF margin
0.09

Quarterly Cash Flow Statements For Meritage Homes Corp Peers

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