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Meritage Homes Corp.

  • Market Cap: Small Cap
  • Industry: Furniture, Home Furnishing
  • ISIN: US59001A1025
USD
72.53
-2.13 (-2.85%)

Dec 04

NYS

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stock-recommendationAnnual Results
Results Snapshot
Figures in Million
Consolidated - Balance Sheet Results
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
0.00
0.00
0.00
0.00
0.00
0.00
Share Warrants & Outstandings
Total Reserve
5,141.57
4,611.90
3,949.61
3,044.39
2,347.87
1,973.99
Shareholder's Funds
5,141.57
4,611.90
3,949.61
3,044.39
2,347.87
1,973.99
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
1,391.70
1,062.26
1,173.43
1,186.21
1,048.34
1,053.21
Secured Loans
1,391.70
1,062.26
1,173.43
1,186.21
1,048.34
1,053.21
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
-54.52
-47.57
-45.45
-40.67
-36.04
-25.92
Other Long Term Liabilities
26.32
13.78
10.84
18.11
8.86
9.1
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
0.00
0.00
0.00
0.00
0.00
0.00
Total Non-Current Liabilities
1,362.20
1,022.00
1,161.48
1,178.14
1,028.95
1,028.08
Current Liabilities
Trade Payables
212.48
271.65
273.27
216.01
175.25
155.02
Other Current Liabilities
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
0.00
0.00
0.00
0.00
0.00
0.00
Total Current Liabilities
685.20
733.02
671.84
595.90
496.44
405.28
Total Liabilities
7,188.98
6,366.92
5,782.94
4,818.43
3,873.26
3,407.35
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
169.52
174.00
142.38
144.96
157.43
169.54
Less: Accumulated Depreciation
69.30
73.77
84.62
86.58
96.87
92.60
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
100.23
100.23
57.76
58.38
60.56
76.94
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.00
0.00
0.00
0.00
Intangible assets under development
0.00
0.00
0.00
0.00
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
28.73
17.17
11.75
5.76
4.35
4.44
Long Term Loans & Advances
0.00
0.00
0.00
0.00
0.00
0.00
Other Non Current Assets
111.69
129.05
108.80
67.18
44.02
51.47
Total Non-Current Assets
359.96
346.06
271.37
219.45
191.49
204.13
Current Assets Loans & Advances
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
5,921.18
4,832.65
4,434.99
3,833.10
2,837.57
2,795.26
Sundry Debtors
0.00
0.00
0.00
0.00
0.00
0.00
Cash and Bank
651.55
921.23
861.56
618.34
745.62
319.47
Other Current Assets
6,829.02
6,020.85
5,511.57
4,598.98
3,681.77
3,203.22
Short Term Loans and Advances
0.00
0.00
0.00
0.00
0.00
0.00
Total Current Assets
6,829.02
6,020.85
5,511.57
4,598.98
3,681.77
3,203.22
Net Current Assets (Including Current Investments)
6,143.81
5,287.84
4,839.73
4,003.09
3,185.32
2,797.94
Total Current Assets Excluding Current Investments
6,829.02
6,020.85
5,511.57
4,598.98
3,681.77
3,203.22
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
7,188.98
6,366.92
5,782.94
4,818.43
3,873.26
3,407.35
Contingent Liabilities
0.00
0.00
0.00
0.00
0.00
0.00
Total Debt
1,391.70
1,062.26
1,173.43
1,186.21
1,048.34
1,053.21
Book Value per share (adjusted)
Balance Sheet Analysis Highlights
stock-summary

Borrowings

YoY Growth in year ended Dec 2024 is 32.50% vs -12.38% in Dec 2023

stock-summary

Other Long Term Liabilities

YoY Growth in year ended Dec 2024 is 91.00% vs 27.12% in Dec 2023

stock-summary

Fixed Assets

YoY Growth in year ended Dec 2024 is 0.00% vs 73.53% in Dec 2023

stock-summary

Investments

YoY Growth in year ended Dec 2024 is 67.33% vs 46.13% in Dec 2023

stock-summary

Current Assets

YoY Growth in year ended Dec 2024 is 13.42% vs 9.24% in Dec 2023

Compare Balance Sheet Results of Meritage Homes Corp.
Markets Mojo
Figures in Million
Consolidated - Balance Sheet Results
Markets Mojo
Markets Mojo
Change(USD)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
0
0
0.00
0.00%
Share Warrants & Outstandings
Total Reserve
5,141.57
5,866.53
-724.96
-12.36%
Shareholder's Funds
5,141.57
5,866.53
-724.96
-12.36%
Minority Interest
0
11.64
-11.64
-100.00%
Long-Term Borrowings
1,391.70
2,139.63
-747.93
-34.96%
Secured Loans
1,391.70
2,139.63
-747.93
-34.96%
Unsecured Loans
0
0
0.00
0.00%
Deferred Tax Assets / Liabilities
-54.52
-76.25
21.73
28.50%
Other Long Term Liabilities
26.32
131.04
-104.72
-79.91%
Long Term Trade Payables
0
0
0.00
0.00%
Long Term Provisions
0
0
0.00
0.00%
Total Non-Current Liabilities
1,362.20
2,251.53
-889.33
-39.50%
Current Liabilities
Trade Payables
212.48
270.27
-57.79
-21.38%
Other Current Liabilities
0
0
0.00
0.00%
Short Term Borrowings
0
0
0.00
0.00%
Short Term Provisions
0
0
0.00
0.00%
Total Current Liabilities
685.20
1,167.43
-482.23
-41.31%
Total Liabilities
7,188.98
9,297.13
-2,108.15
-22.68%
ASSETS
Non-Current Assets
0
0
0.00
0.00%
Gross Block
169.52
0
169.52
0.00%
Less: Accumulated Depreciation
69.30
0
69.30
0.00%
Less : Impairment of Assets
0
0
0.00
0.00%
Net Block
100.23
300.77
-200.54
-66.68%
Lease Adjustment
0
0
0.00
0.00%
Capital Work in Progress
0
0
0.00
0.00%
Intangible assets under development
0
0
0.00
0.00%
Pre-operative Expenses pending
0
0
0.00
0.00%
Assets in transit
0
0
0.00
0.00%
Non Current Investments
28.73
439.72
-410.99
-93.47%
Long Term Loans & Advances
0
0
0.00
0.00%
Other Non Current Assets
111.69
329.39
-217.70
-66.09%
Total Non-Current Assets
359.96
1,850.57
-1,490.61
-80.55%
Current Assets Loans & Advances
Current Investments
0
0
0.00
0.00%
Inventories
5,921.18
6,533.75
-612.57
-9.38%
Sundry Debtors
0
0
0.00
0.00%
Cash and Bank
651.55
487.17
164.38
33.74%
Other Current Assets
6,829.02
7,238.62
-409.60
-5.66%
Short Term Loans and Advances
0
0
0.00
0.00%
Total Current Assets
6,829.02
7,446.56
-617.54
-8.29%
Net Current Assets (Including Current Investments)
6,143.81
6,279.13
-135.32
-2.16%
Total Current Assets Excluding Current Investments
6,829.02
7,446.56
-617.54
-8.29%
Miscellaneous Expenses not written off
0
0
0.00
0.00%
Total Assets
7,188.98
9,297.13
-2,108.15
-22.68%
Contingent Liabilities
0
0
0.00
0.00%
Total Debt
1,391.70
2,139.63
-747.93
-34.96%
Book Value per share (adjusted)
0
0
0.00
0.00%
Annual - Borrowings
Borrowings 1,335.88 Million
in Dec 2024

Figures in Million
stock-summary

YoY Growth in year ended Dec 2024 is 32.50% vs -12.38% in Dec 2023

Annual - Other Long Term Liabilities
Other Long Term Liabilities 26.32 Million
in Dec 2024

Figures in Million
stock-summary

YoY Growth in year ended Dec 2024 is 91.00% vs 27.12% in Dec 2023

Annual - Fixed Assets
Fixed Assets 100.23 Million
in Dec 2024

Figures in Million
stock-summary

YoY Growth in year ended Dec 2024 is 0.00% vs 73.53% in Dec 2023

Annual - Investments
Investments 28.73 Million
in Dec 2024

Figures in Million
stock-summary

YoY Growth in year ended Dec 2024 is 67.33% vs 46.13% in Dec 2023

Annual - Current Assets
Current Assets 6,829.02 Million
in Dec 2024

Figures in Million
stock-summary

YoY Growth in year ended Dec 2024 is 13.42% vs 9.24% in Dec 2023

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