Meritage Cost of Revenue vs Accounts Payable Analysis
MTH Stock | USD 154.69 3.50 2.21% |
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 Cost Of Revenue and its Accounts Payable 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 tightly coupled 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.
Cost Of Revenue vs Accounts Payable
Cost of Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meritage Cost of Revenue account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Meritage's Cost of Revenue and Accounts Payable is 0.93. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Meritage, assuming nothing else is changed. The correlation between historical values of Meritage's Cost of Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Meritage are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cost of Revenue i.e., Meritage's Cost of Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Meritage income statement and represents the costs associated with goods and services Meritage provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Accounts Payable
An accounting item on the balance sheet that represents Meritage obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Meritage are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 tightly coupled 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
Click cells to compare fundamentals
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 | 1.0B | 1.0B | 1.2B | 1.2B | 1.1B | 660.1M | |
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 | 674.9M | |
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 | 337.3M | 360.6M | 279.3M | 179.7M | |
Short Term Debt | 5.4M | 34.2M | 28.3M | 0.0 | 54.0M | 51.3M | |
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 | 641.6M | 673.7M | |
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 | |
Accumulated Other Comprehensive Income | (57.2M) | (83.4M) | (92.6M) | (96.9M) | (87.2M) | (82.8M) | |
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Meritage Stock analysis
When running Meritage's price analysis, check to measure Meritage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
Is Meritage's industry 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 (0.24) | Dividend Share 1.08 | Earnings Share 19.93 | Revenue Per Share 167.625 | Quarterly Revenue Growth (0.17) |
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.