Meritage Homes Corp (MTH)
176.35
+0.97
(+0.55%)
USD |
NYSE |
May 31, 16:00
176.26
-0.09
(-0.05%)
After-Hours: 20:00
Meritage Homes Debt to Equity Ratio: 0.2122 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.2122 |
| December 31, 2023 | 0.2186 |
| September 30, 2023 | 0.2274 |
| June 30, 2023 | 0.272 |
| March 31, 2023 | 0.2829 |
| December 31, 2022 | 0.2913 |
| September 30, 2022 | 0.3139 |
| June 30, 2022 | 0.3395 |
| March 31, 2022 | 0.3678 |
| December 31, 2021 | 0.381 |
| September 30, 2021 | 0.411 |
| June 30, 2021 | 0.4419 |
| March 31, 2021 | 0.4121 |
| December 31, 2020 | 0.4345 |
| September 30, 2020 | 0.4636 |
| June 30, 2020 | 0.4881 |
| March 31, 2020 | 0.7626 |
| December 31, 2019 | 0.5162 |
| September 30, 2019 | 0.6991 |
| June 30, 2019 | 0.7274 |
| March 31, 2019 | 0.7511 |
| December 31, 2018 | 0.7613 |
| September 30, 2018 | 0.766 |
| June 30, 2018 | 0.7791 |
| March 31, 2018 | 0.8068 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.8142 |
| September 30, 2017 | 0.8474 |
| June 30, 2017 | 0.9096 |
| March 31, 2017 | 0.8088 |
| December 31, 2016 | 0.793 |
| September 30, 2016 | 0.8336 |
| June 30, 2016 | 0.8396 |
| March 31, 2016 | 0.8716 |
| December 31, 2015 | 0.8873 |
| September 30, 2015 | 0.9528 |
| June 30, 2015 | 0.9748 |
| March 31, 2015 | 0.8507 |
| December 31, 2014 | 0.8429 |
| September 30, 2014 | 0.8561 |
| June 30, 2014 | 0.8868 |
| March 31, 2014 | 0.9209 |
| December 31, 2013 | 1.095 |
| September 30, 2013 | 1.008 |
| June 30, 2013 | 1.063 |
| March 31, 2013 | 1.238 |
| December 31, 2012 | 1.041 |
| September 30, 2012 | 1.212 |
| June 30, 2012 | 1.200 |
| March 31, 2012 | 1.246 |
| December 31, 2011 | 1.240 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2122
Minimum
Mar 2024
0.7626
Maximum
Mar 2020
0.4132
Average
0.396
Median
Debt to Equity Ratio Benchmarks
| D.R. Horton Inc | 0.2493 |
| Lennar Corp | 0.1649 |
| PulteGroup Inc | 0.2315 |
| Century Communities Inc | 0.53 |
| LGI Homes Inc | 0.7816 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.489B |
| Total Liabilities (Quarterly) | 1.769B |
| Shareholders Equity (Quarterly) | 4.721B |
| Current Ratio | 9.114 |
| Net Debt Paydown Yield | 0.47% |