Meritage Free Cash Flow vs Cash Per Share Analysis
MTH Stock | USD 177.68 0.55 0.31% |
Meritage financial indicator trend analysis is infinitely more than just investigating Meritage recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meritage is a good investment. Please check the relationship between Meritage Free Cash Flow and its Cash Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
Free Cash Flow vs Cash Per Share
Free Cash Flow vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meritage Free Cash Flow account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Meritage's Free Cash Flow and Cash Per Share is 0.7. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Meritage, assuming nothing else is changed. The correlation between historical values of Meritage's Free Cash Flow and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Meritage are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Free Cash Flow i.e., Meritage's Free Cash Flow and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Cash Per Share
Most indicators from Meritage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.As of now, Meritage's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Meritage's current Enterprise Value is estimated to increase to about 3.2 B, while Selling General Administrative is projected to decrease to under 139.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.8B | 1.5B | 1.6B | Total Revenue | 5.1B | 6.3B | 6.1B | 6.4B |
Meritage fundamental ratios Correlations
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Meritage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meritage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.9B | 4.8B | 5.8B | 6.4B | 6.7B | |
Short Long Term Debt Total | 1.1B | 1.0B | 1.2B | 1.2B | 1.1B | 707.2M | |
Total Stockholder Equity | 2.0B | 2.3B | 3.0B | 3.9B | 4.6B | 4.8B | |
Net Debt | 699.5M | 274.5M | 541.7M | 289.1M | 141.0M | 134.0M | |
Retained Earnings | 1.5B | 1.9B | 2.6B | 3.6B | 4.3B | 4.5B | |
Non Current Assets Total | 2.9B | 182.6M | 91.8M | 95.8M | 332.3M | 643.6M | |
Non Currrent Assets Other | 2.7B | 103.3M | (116.8M) | (164.7M) | 218.6M | 281.4M | |
Common Stock Shares Outstanding | 38.9M | 38.5M | 38.2M | 37.1M | 37.1M | 32.7M | |
Liabilities And Stockholders Equity | 3.4B | 3.9B | 4.8B | 5.8B | 6.4B | 6.7B | |
Non Current Liabilities Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.1B | 674.6M | |
Other Stockholder Equity | 505.4M | 455.8M | 414.8M | 327.9M | 291.0M | 289.8M | |
Total Liab | 1.4B | 1.5B | 1.8B | 1.8B | 1.7B | 901.7M | |
Other Current Liab | 191.8M | 267.9M | 342.6M | 373.4M | (71.7M) | (68.1M) | |
Short Term Debt | 5.4M | 34.2M | 28.3M | 0.0 | 9.5M | 9.0M | |
Cash | 319.5M | 745.6M | 618.3M | 861.6M | 921.2M | 967.3M | |
Other Assets | 29.2M | 3.0B | 3.8B | 4.4B | 5.1B | 5.4B | |
Cash And Short Term Investments | 319.5M | 745.6M | 618.3M | 861.6M | 921.2M | 967.3M | |
Total Current Assets | 458.9M | 3.7B | 4.7B | 5.7B | 6.0B | 6.3B | |
Total Current Liabilities | 405.3M | 496.4M | 595.9M | 671.8M | 271.7M | 278.8M | |
Property Plant And Equipment Net | 50.6M | 38.9M | 37.3M | 38.6M | 49.0M | 46.5M | |
Accounts Payable | 155.0M | 175.3M | 216.0M | 273.3M | 271.7M | 285.2M | |
Net Receivables | 88.5M | 98.6M | 147.5M | 215.0M | 267.0M | 280.3M | |
Common Stock Total Equity | 382K | 375K | 373K | 366K | 420.9K | 325.3K | |
Property Plant And Equipment Gross | 50.6M | 38.9M | 123.9M | 123.3M | 122.7M | 134.3M | |
Common Stock | 382K | 375K | 373K | 366K | 364K | 328.1K | |
Other Liab | 24.2M | 25.1M | 49.8M | 38.0M | 43.7M | 33.7M | |
Long Term Debt | 1.0B | 1.0B | 1.2B | 1.2B | 1.0B | 846.3M | |
Good Will | 114.1M | 103.3M | 124.8M | 164.7M | 218.6M | 229.5M | |
Inventory | 2.7B | 2.8B | 3.7B | 4.4B | 4.7B | 5.0B | |
Property Plant Equipment | 50.6M | 38.9M | 37.3M | 38.6M | 44.4M | 30.8M | |
Other Current Assets | (2.7B) | 59.5M | 215.5M | 241.4M | 111.4M | 116.9M | |
Net Tangible Assets | 2.0B | 2.3B | 3.0B | 3.9B | 4.5B | 4.8B | |
Retained Earnings Total Equity | 1.5B | 1.9B | 2.6B | 3.6B | 4.2B | 4.4B | |
Long Term Debt Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.3B | 1.1B | |
Capital Surpluse | 505.4M | 455.8M | 414.8M | 327.9M | 295.1M | 382.9M | |
Deferred Long Term Liab | 3.6M | 3.3M | 4.7M | 3.8M | 4.4M | 3.5M | |
Long Term Investments | 4.4M | 4.4M | 5.8M | 11.8M | 17.2M | 29.2M |
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When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 2.52 | Earnings Share 22.1 | Revenue Per Share 177.112 | Quarterly Revenue Growth (0.01) |
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.