Meritage Corporation (MTH) - Total Assets
Based on the latest financial reports, Meritage Corporation (MTH) holds total assets worth $7.76 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore MTH debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Meritage Corporation - Total Assets Trend (1989–2024)
This chart illustrates how Meritage Corporation's total assets have evolved over time, based on quarterly financial data. See what is Meritage Corporation's book value for net asset value and shareholders' equity analysis.
Meritage Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Meritage Corporation's total assets of $7.76 Billion consist of 95.3% current assets and 4.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $651.55 Million | 9.1% |
| Accounts Receivable | $256.28 Million | 3.6% |
| Inventory | $5.73 Billion | 80.0% |
| Property, Plant & Equipment | $100.23 Million | 1.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $32.96 Million | 0.5% |
Asset Composition Trend (1989–2024)
This chart illustrates how Meritage Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Meritage Corporation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Meritage Corporation's current assets represent 95.3% of total assets in 2024, an increase from 0.0% in 1989.
- Cash Position: Cash and equivalents constituted 9.1% of total assets in 2024, up from 0.0% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is inventory at 80.0% of total assets.
Meritage Corporation Competitors by Total Assets
Key competitors of Meritage Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Duniec
TA:DUNI
|
Israel | ILA2.17 Billion |
|
Kaufman Et Broad
PA:KOF
|
France | €1.46 Billion |
|
Trimitra Prawara Goldland Tbk Pt
JK:ATAP
|
Indonesia | Rp102.86 Billion |
|
Taylor Wimpey PLC
LSE:TW
|
UK | GBX6.25 Billion |
|
Uniti SA
PA:ALUNT
|
France | €355.07 Million |
|
Gafisa S.A
SA:GFSA3
|
Brazil | R$4.73 Billion |
|
Tamawood Ltd
AU:TWD
|
Australia | AU$57.73 Million |
|
Simonds Group Ltd
AU:SIO
|
Australia | AU$174.17 Million |
Meritage Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 13.49 | 10.17 | 7.42 |
| Quick Ratio | 2.28 | 1.99 | 1.82 |
| Cash Ratio | 1.33 | 1.25 | 0.00 |
| Working Capital | $6.84 Billion | $6.12 Billion | $3.19 Billion |
Meritage Corporation - Advanced Valuation Insights
This section examines the relationship between Meritage Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.94 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | $7.16 Billion |
| Market Capitalization | $4.96 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Meritage Corporation's assets below their book value (0.69x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Meritage Corporation's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Meritage Corporation (1989–2024)
The table below shows the annual total assets of Meritage Corporation from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $7.16 Billion | +12.74% |
| 2023-12-31 | $6.35 Billion | +10.07% |
| 2022-12-31 | $5.77 Billion | +19.79% |
| 2021-12-31 | $4.82 Billion | +24.69% |
| 2020-12-31 | $3.86 Billion | +13.72% |
| 2019-12-31 | $3.40 Billion | +0.97% |
| 2018-12-31 | $3.37 Billion | +3.51% |
| 2017-12-31 | $3.25 Billion | +12.55% |
| 2016-12-31 | $2.89 Billion | +7.37% |
| 2015-12-31 | $2.69 Billion | +16.16% |
| 2014-12-31 | $2.32 Billion | +15.61% |
| 2013-12-31 | $2.00 Billion | +27.15% |
| 2012-12-31 | $1.58 Billion | +29.00% |
| 2011-12-31 | $1.22 Billion | -0.29% |
| 2010-12-31 | $1.22 Billion | -1.43% |
| 2009-12-31 | $1.24 Billion | -6.30% |
| 2008-12-31 | $1.33 Billion | -24.14% |
| 2007-12-31 | $1.75 Billion | -19.45% |
| 2006-12-31 | $2.17 Billion | +10.10% |
| 2005-12-31 | $1.97 Billion | +55.79% |
| 2004-12-31 | $1.27 Billion | +32.57% |
| 2003-12-31 | $954.54 Million | +37.98% |
| 2002-12-31 | $691.79 Million | +58.41% |
| 2001-12-31 | $436.71 Million | +63.52% |
| 2000-12-31 | $267.07 Million | +17.88% |
| 1999-12-31 | $226.56 Million | +48.81% |
| 1998-12-31 | $152.25 Million | +57.55% |
| 1997-12-31 | $96.63 Million | +32.74% |
| 1996-12-31 | $72.80 Million | +161.87% |
| 1995-12-31 | $27.80 Million | -10.90% |
| 1994-12-31 | $31.20 Million | -28.93% |
| 1993-12-31 | $43.90 Million | -94.27% |
| 1992-12-31 | $766.70 Million | -23.53% |
| 1991-12-31 | $1.00 Billion | +174.01% |
| 1990-12-31 | $365.90 Million | -4.71% |
| 1989-12-31 | $384.00 Million | -- |
About Meritage Corporation
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. It operates through two segments: Homebuilding and Financial Services. The company acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia… Read more