M/I Homes Inc (MHO) — Working Capital to Net Assets Ratio
M/I Homes Inc (MHO) has a Working Capital to Net Assets ratio of 121.0% as of December 2025. Working capital of $3.83 Billion (current assets of $4.38 Billion minus current liabilities of $552.06 Million) is measured against net assets of $3.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See M/I Homes Inc (MHO) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
M/I Homes Inc Working Capital to Net Assets (1993–2025)
This chart shows how M/I Homes Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of December 2025, the ratio stands at 121.0%, reflecting working capital of $3.83 Billion against net assets of $3.17 Billion USD. Check MHO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for M/I Homes Inc (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for M/I Homes Inc from 1993 to 2025, covering 33 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of M/I Homes Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 132.7% | $4.20 Billion | $3.17 Billion | $4.38 Billion | $181.19 Million | ▼ -3.9 pp |
| 2024 | 136.6% | $4.01 Billion | $2.94 Billion | $4.28 Billion | $267.91 Million | ▼ -2.7 pp |
| 2023 | 139.3% | $3.51 Billion | $2.52 Billion | $3.80 Billion | $289.81 Million | ▼ -13.0 pp |
| 2022 | 152.3% | $3.15 Billion | $2.07 Billion | $3.38 Billion | $228.60 Million | ▼ -15.1 pp |
| 2021 | 167.5% | $2.72 Billion | $1.62 Billion | $2.96 Billion | $244.50 Million | ▼ -3.6 pp |
| 2020 | 171.1% | $2.15 Billion | $1.26 Billion | $2.41 Billion | $258.30 Million | ▼ -5.4 pp |
| 2019 | 176.5% | $1.77 Billion | $1.00 Billion | $1.93 Billion | $159.49 Million | ▼ -26.2 pp |
| 2018 | 202.8% | $1.73 Billion | $855.30 Million | $1.87 Billion | $131.51 Million | ▼ -14.1 pp |
| 2017 | 216.9% | $1.62 Billion | $747.30 Million | $1.74 Billion | $117.23 Million | ▲ +18.0 pp |
| 2016 | 198.9% | $1.30 Billion | $654.17 Million | $1.40 Billion | $103.21 Million | ▲ +3.6 pp |
| 2015 | 195.3% | $1.17 Billion | $596.57 Million | $1.25 Billion | $86.88 Million | ▲ +19.2 pp |
| 2014 | 176.1% | $958.53 Million | $544.29 Million | $1.03 Billion | $75.34 Million | ▲ +4.6 pp |
| 2013 | 171.5% | $845.14 Million | $492.80 Million | $915.37 Million | $70.23 Million | ▼ -47.5 pp |
| 2012 | 219.0% | $734.43 Million | $335.43 Million | $782.12 Million | $47.69 Million | ▲ +114.1 pp |
| 2011 | 104.8% | $286.50 Million | $273.35 Million | $625.17 Million | $338.68 Million | ▼ -74.2 pp |
| 2010 | 179.0% | $543.22 Million | $303.49 Million | $617.38 Million | $74.16 Million | ▲ +29.3 pp |
| 2009 | 149.6% | $488.98 Million | $326.76 Million | $587.50 Million | $98.52 Million | ▼ -12.3 pp |
| 2008 | 161.9% | $539.34 Million | $333.06 Million | $632.43 Million | $93.10 Million | ▲ +26.6 pp |
| 2007 | 135.3% | $786.71 Million | $581.35 Million | $927.87 Million | $141.16 Million | ▼ -46.7 pp |
| 2006 | 182.0% | $1.12 Billion | $617.05 Million | $1.31 Billion | $189.92 Million | ▲ +15.2 pp |
| 2005 | 166.9% | $988.83 Million | $592.57 Million | $1.20 Billion | $211.63 Million | ▲ +84.8 pp |
| 2004 | 82.0% | $400.01 Million | $487.61 Million | $890.92 Million | $490.92 Million | ▲ +1.1 pp |
| 2003 | 81.0% | $325.88 Million | $402.41 Million | $670.34 Million | $344.46 Million | ▲ +1.5 pp |
| 2002 | 79.5% | $269.98 Million | $339.73 Million | $508.71 Million | $238.73 Million | ▼ -65.9 pp |
| 2001 | 145.3% | $406.81 Million | $279.89 Million | $544.80 Million | $137.99 Million | ▼ -9.1 pp |
| 2000 | 154.4% | $353.42 Million | $228.89 Million | $509.66 Million | $156.23 Million | ▼ -17.6 pp |
| 1999 | 172.0% | $344.90 Million | $200.50 Million | $479.20 Million | $134.30 Million | ▲ +23.1 pp |
| 1998 | 148.9% | $248.10 Million | $166.60 Million | $376.80 Million | $128.70 Million | ▼ -34.5 pp |
| 1997 | 183.4% | $211.80 Million | $115.50 Million | $328.40 Million | $116.60 Million | ▲ +15.0 pp |
| 1996 | 168.4% | $189.10 Million | $112.30 Million | $280.10 Million | $91.00 Million | ▼ -22.5 pp |
| 1995 | 190.9% | $189.90 Million | $99.50 Million | $260.00 Million | $70.10 Million | ▼ -25.7 pp |
| 1994 | 216.5% | $194.00 Million | $89.60 Million | $259.70 Million | $65.70 Million | ▲ +140.0 pp |
| 1993 | 76.5% | $60.50 Million | $79.10 Million | $209.40 Million | $148.90 Million | — |