Meritage Homes Corporation
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $170.7M | $131.7M | $262.2M | $103.3M | $274.1M | $170.5M | $173.6M | $104.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $33.6M | $33.2M | $34.0M | $32.4M | $22.1M | $15.7M | $13.5M | $14.6M |
| Goodwill | $33.0M | $33.0M | $33.0M | $33.0M | $10.2M | $0 | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | $1.6M | $2.1M |
| Total Assets | $3.25B | $2.89B | $2.68B | $2.32B | $2.00B | $1.58B | $1.22B | $1.22B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | $905.1M | $726.3M | — | — |
| Total Liabilities | $1.67B | $1.47B | $1.42B | $1.21B | $1.16B | $881.4M | $732.5M | $724.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $991.8M | $848.6M | $699.0M | $570.3M | $428.1M | $303.6M | $198.4M | $219.5M |
| Total Stockholders' Equity | $1.58B | $1.42B | $1.26B | $1.11B | $841.4M | $694.2M | $488.9M | $500.0M |