Meritage Corporation (MTH) — Working Capital to Net Assets Ratio
Meritage Corporation (MTH) has a Working Capital to Net Assets ratio of 129.4% as of September 2025. Working capital of $6.84 Billion (current assets of $7.39 Billion minus current liabilities of $547.66 Million) is measured against net assets of $5.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Meritage Corporation balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Meritage Corporation Working Capital to Net Assets (1997–2024)
This chart shows how Meritage Corporation's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 129.4%, reflecting working capital of $6.84 Billion against net assets of $5.29 Billion USD. Check Meritage Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Meritage Corporation (1997–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Meritage Corporation from 1997 to 2024, covering 28 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 Meritage Corporation market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 121.2% | $6.23 Billion | $5.14 Billion | $6.83 Billion | $596.68 Million | ▲ +4.6 pp |
| 2023 | 116.6% | $5.38 Billion | $4.61 Billion | $6.02 Billion | $641.62 Million | ▼ -7.4 pp |
| 2022 | 124.0% | $4.90 Billion | $3.95 Billion | $5.51 Billion | $613.49 Million | ▼ -7.5 pp |
| 2021 | 131.5% | $4.00 Billion | $3.04 Billion | $4.60 Billion | $595.90 Million | ▼ -4.2 pp |
| 2020 | 135.7% | $3.19 Billion | $2.35 Billion | $3.68 Billion | $496.44 Million | ▲ +133.0 pp |
| 2019 | 2.7% | $53.58 Million | $1.97 Billion | $458.86 Million | $405.28 Million | ▼ -162.8 pp |
| 2018 | 165.5% | $2.85 Billion | $1.72 Billion | $3.18 Billion | $334.67 Million | ▼ -4.8 pp |
| 2017 | 170.3% | $2.69 Billion | $1.58 Billion | $3.04 Billion | $355.65 Million | ▲ +3.6 pp |
| 2016 | 166.7% | $2.37 Billion | $1.42 Billion | $2.71 Billion | $339.88 Million | ▼ -8.2 pp |
| 2015 | 174.9% | $2.20 Billion | $1.26 Billion | $2.51 Billion | $303.80 Million | ▲ +6.7 pp |
| 2014 | 168.2% | $1.87 Billion | $1.11 Billion | $2.13 Billion | $267.14 Million | ▼ -11.7 pp |
| 2013 | 179.9% | $1.51 Billion | $841.39 Million | $1.77 Billion | $256.62 Million | ▲ +7.2 pp |
| 2012 | 172.7% | $1.20 Billion | $694.21 Million | $1.36 Billion | $158.56 Million | ▲ +127.2 pp |
| 2011 | 45.4% | $222.06 Million | $488.91 Million | $348.12 Million | $126.06 Million | ▼ -17.4 pp |
| 2010 | 62.9% | $314.31 Million | $500.00 Million | $433.48 Million | $119.16 Million | ▼ -10.2 pp |
| 2009 | 73.0% | $354.59 Million | $485.43 Million | $506.82 Million | $152.23 Million | ▲ +33.6 pp |
| 2008 | 39.4% | $207.76 Million | $527.21 Million | $364.52 Million | $156.76 Million | ▲ +51.4 pp |
| 2007 | -12.0% | $-87.56 Million | $730.16 Million | $174.91 Million | $262.47 Million | ▲ +11.7 pp |
| 2006 | -23.7% | $-238.84 Million | $1.01 Billion | $145.29 Million | $384.13 Million | ▲ +11.9 pp |
| 2005 | -35.7% | $-303.54 Million | $851.00 Million | $126.56 Million | $430.10 Million | ▼ -7.1 pp |
| 2004 | -28.6% | $-149.54 Million | $522.75 Million | $63.85 Million | $213.39 Million | ▲ +4.1 pp |
| 2003 | -32.7% | $-134.63 Million | $411.89 Million | $13.52 Million | $148.15 Million | ▼ -8.1 pp |
| 2002 | -24.6% | $-77.97 Million | $317.31 Million | $15.49 Million | $93.46 Million | ▲ +18.3 pp |
| 2001 | -42.9% | $-75.73 Million | $176.59 Million | $8.89 Million | $84.62 Million | ▲ +6.3 pp |
| 2000 | -49.2% | $-59.60 Million | $121.10 Million | $6.58 Million | $66.18 Million | ▲ +16.0 pp |
| 1999 | -65.2% | $-58.99 Million | $90.41 Million | $15.07 Million | $74.05 Million | ▼ -23.6 pp |
| 1998 | -41.6% | $-30.15 Million | $72.39 Million | $14.85 Million | $44.99 Million | ▲ +5.2 pp |
| 1997 | -46.8% | $-21.71 Million | $46.37 Million | $9.23 Million | $30.94 Million | — |