Meritage Homes Corp MTH Balance Sheet

Meritage homes corp (MTH)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and cash equivalents
797	319	454	407	327	311	205	169	172	170	115	216	85	131	107	128	172	262	235	217	89	103	84	230	260	274	177	218	325	170	305	81	90	173	157	167	103
Investments and securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	59	77	89	92	91	88	86	66	103	173	147	188	199	299
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	43	38	38	15	19	12	12	11	10	9
Other receivables
82	88	85	82	79	77	79	78	74	79	78	73	86	70	76	68	60	57	59	64	61	56	56	50	54	38	35	30	23	20	16	15	14	14	19	16	20
Real estate
2,789	2,744	2,853	2,735	2,744	2,742	2,887	2,870	2,802	2,731	2,762	2,638	2,512	2,422	2,429	2,301	2,219	2,098	2,088	2,027	1,943	1,877	1,865	1,638	1,538	1,405	1,345	1,227	1,152	1,113	1,004	955	868	815	798	776	738
Real estate not owned
-	-	-	-	-	-	36	38	38	38	39	9	9	0	-	-	-	-	0	0	0	4	4	4	0	0	0	-	-	0	-	0	1	-	1	1	0
Deposits on real estate under option or contract
54	50	45	46	44	51	49	48	52	59	67	74	78	85	91	91	92	87	91	92	91	95	80	58	54	51	34	21	11	14	12	14	15	15	13	11	10
Investments in unconsolidated entities
3	4	7	7	15	17	16	16	16	17	16	16	16	17	11	11	10	11	10	10	10	10	9	9	9	11	10	10	10	12	12	12	11	11	10	10	10
Property and equipment, net
49	50	53	54	53	54	53	52	49	33	32	32	32	33	33	34	34	33	34	33	33	32	31	28	26	22	18	17	16	15	14	13	13	13	14	14	14
Deferred tax asset
25	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	25	25	25	26	36	36	35	35	56	55	53	53	57	58	58	59	66	65	64	64	65	68	69	70	80	77	74	77	7	7	-	0	-	-	-
Intangibles, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	-	1	1	2
Prepaids, other assets and goodwill
112	114	108	108	103	84	82	84	84	85	83	83	79	75	65	67	66	69	77	76	71	71	64	42	37	39	36	30	29	26	26	17	15	18	16	15	13
Total assets
3,914	3,398	3,635	3,466	3,395	3,365	3,448	3,394	3,327	3,251	3,252	3,200	2,956	2,888	2,873	2,761	2,714	2,679	2,663	2,586	2,366	2,316	2,272	2,192	2,129	2,003	1,874	1,767	1,770	1,575	1,481	1,243	1,217	1,221	1,233	1,225	1,224
Liabilities
Accounts payable
163	155	180	141	124	128	156	154	140	140	140	139	136	140	148	126	122	106	113	103	91	83	105	83	76	68	76	68	60	49	52	53	39	37	38	31	23
Accrued liabilities
216	226	240	187	189	177	200	173	181	181	193	166	158	170	180	154	145	161	161	137	141	154	168	151	141	150	178	124	100	96	96	84	72	79	79	80	87
Home sale deposits
26	24	31	32	29	28	34	37	33	34	39	36	32	28	36	39	42	36	39	38	32	29	33	27	23	21	28	25	17	12	14	12	11	8	10	7	6
Liabilities related to real estate not owned
-	-	-	-	-	-	32	34	34	34	35	8	8	0	-	-	-	-	0	0	0	4	4	4	0	0	0	-	-	0	-	0	0	-	1	1	0
Loans payable and other borrowings
521	22	13	12	13	14	16	16	16	17	38	17	75	32	45	19	25	23	41	34	61	30	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-
Senior notes, net
996	996	1,295	1,295	1,295	1,295	1,295	1,294	1,294	1,266	1,266	1,340	1,095	1,095	1,094	1,094	1,093	1,093	1,104	1,104	904	904	904	904	904	905	798	798	881	722	722	596	606	606	606	606	605
Total liabilities
1,923	1,424	1,761	1,668	1,652	1,644	1,735	1,711	1,701	1,674	1,713	1,708	1,508	1,467	1,505	1,434	1,430	1,420	1,461	1,418	1,231	1,206	1,216	1,172	1,146	1,161	1,081	1,016	1,059	881	885	747	730	732	735	726	724
Stockholders’ Equity
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, par value $0.01. Authorized 125,000,000 shares; 37,597,457 and 38,199,111 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
450	505	508	502	498	501	568	593	589	584	582	578	575	572	570	566	563	559	556	552	548	538	535	531	528	412	409	406	395	390	387	483	481	478	475	473	468
Retained earnings
1,539	1,468	1,364	1,294	1,244	1,218	1,143	1,088	1,035	991	956	913	872	848	796	759	720	699	646	615	586	570	521	488	453	428	381	343	315	303	208	201	193	198	210	213	219
Treasury stock at cost. 0 and 7,891,250 shares at December 31, 2012 and 2011, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	188	188	188	188	188	188
Total stockholders’ equity
1,990	1,973	1,873	1,798	1,743	1,720	1,712	1,682	1,625	1,576	1,539	1,492	1,448	1,421	1,367	1,326	1,284	1,258	1,202	1,168	1,135	1,109	1,056	1,020	982	841	792	750	711	694	596	496	486	488	497	498	499
Total liabilities and stockholders’ equity
3,914	3,398	3,635	3,466	3,395	3,365	3,448	3,394	3,327	3,251	3,252	3,200	2,956	2,888	2,873	2,761	2,714	2,679	2,663	2,586	2,366	2,316	2,272	2,192	2,129	2,003	1,874	1,767	1,770	1,575	1,481	1,243	1,217	1,221	1,233	1,225	1,224
Preferred Stock, Par or Stated Value Per Share
0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Authorized
10	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Issued
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Outstanding
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Par or Stated Value Per Share
0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
125	125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares issued (in shares)
37	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Outstanding
37	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-