Meritage Homes Free Cash Flow vs Average Assets Analysis

MTH -- USA Stock  

USD 69.49  1.37  2.01%

Meritage Homes financial indicator trend analysis is infinitely more than just investigating Meritage Homes recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meritage Homes is a good investment. Please check the relationship between Meritage Homes Free Cash Flow and its Average Assets accounts. Please see also Stocks Correlation.

Free Cash Flow vs Average Assets

Accounts Relationship

Free Cash Flow vs Average Assets

Significance: Almost Identical Trend

Free Cash Flow diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Meritage Homes Free Cash Flow account and Average Assets

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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