Meritage Interest Expense vs Net Income Analysis

MTH Stock

USD 150.09 0.05 0.03%

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 Interest Expense and its Net Income 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.

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meritage Interest Expense account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Meritage's Interest Expense and Net Income is -0.58. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Meritage, assuming nothing else is changed. The correlation between historical values of Meritage's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Meritage are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Meritage's Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Meritage financial statement analysis. It represents the amount of money remaining after all of Meritage operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Gross Profit Total Revenue

Meritage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Short Term Debt	Cash	Other Assets	Cash And Short Term Investments	Total Current Assets	Intangible Assets	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Net Receivables	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Other Liab
Total Assets		0.44	0.99	-0.36	0.97	-0.03	-0.02	0.32	0.45	-0.06	0.61	0.8	-0.21	0.92	0.89	0.9	0.94	0.59	0.98	-0.31	0.95	0.97	0.37	0.83	0.31	0.56
Short Long Term Debt Total	0.44		0.31	0.56	0.24	-0.13	-0.06	0.86	1.0	0.73	0.95	0.69	0.11	0.22	0.09	0.18	0.43	0.77	0.5	-0.35	0.38	0.26	0.74	0.07	0.73	0.69
Total Stockholder Equity	0.99	0.31		-0.48	1.0	-0.01	-0.01	0.2	0.32	-0.2	0.51	0.74	-0.25	0.94	0.93	0.93	0.92	0.51	0.96	-0.27	0.94	0.99	0.28	0.87	0.21	0.48
Net Debt	-0.36	0.56	-0.48		-0.55	-0.02	0.03	0.59	0.56	0.86	0.31	-0.15	0.3	-0.64	-0.7	-0.66	-0.33	0.31	-0.34	-0.14	-0.39	-0.49	0.37	-0.57	0.44	0.31
Retained Earnings	0.97	0.24	1.0	-0.55		-0.01	-0.02	0.11	0.25	-0.28	0.45	0.71	-0.28	0.95	0.95	0.94	0.91	0.44	0.94	-0.24	0.93	0.99	0.21	0.9	0.14	0.44
Non Current Assets Total	-0.03	-0.13	-0.01	-0.02	-0.01		0.96	-0.05	-0.14	-0.01	-0.12	-0.11	-0.18	-0.06	-0.17	-0.05	-0.37	0.03	-0.02	0.18	-0.04	-0.03	0.03	-0.06	0.04	-0.24
Non Currrent Assets Other	-0.02	-0.06	-0.01	0.03	-0.02	0.96		-0.04	-0.06	0.04	-0.05	-0.1	-0.13	-0.08	-0.18	-0.09	-0.35	0.12	-0.01	-0.06	-0.01	-0.03	-0.05	-0.04	-0.05	-0.16
Common Stock Shares Outstanding	0.32	0.86	0.2	0.59	0.11	-0.05	-0.04		0.84	0.87	0.76	0.55	0.29	0.12	-0.02	0.11	0.3	0.61	0.37	-0.19	0.28	0.15	0.92	-0.17	0.94	0.5
Non Current Liabilities Total	0.45	1.0	0.32	0.56	0.25	-0.14	-0.06	0.84		0.72	0.95	0.69	0.1	0.22	0.1	0.18	0.44	0.78	0.5	-0.36	0.38	0.27	0.71	0.1	0.7	0.72
Other Stockholder Equity	-0.06	0.73	-0.2	0.86	-0.28	-0.01	0.04	0.87	0.72		0.54	0.18	0.37	-0.3	-0.42	-0.33	-0.06	0.53	0.0	-0.23	-0.09	-0.23	0.69	-0.48	0.74	0.43
Total Liab	0.61	0.95	0.51	0.31	0.45	-0.12	-0.05	0.76	0.95	0.54		0.86	0.0	0.44	0.34	0.41	0.59	0.8	0.68	-0.37	0.56	0.46	0.68	0.3	0.65	0.72
Other Current Liab	0.8	0.69	0.74	-0.15	0.71	-0.11	-0.1	0.55	0.69	0.18	0.86		-0.09	0.76	0.7	0.74	0.76	0.65	0.88	-0.28	0.76	0.69	0.55	0.59	0.52	0.59
Short Term Debt	-0.21	0.11	-0.25	0.3	-0.28	-0.18	-0.13	0.29	0.1	0.37	0.0	-0.09		-0.24	-0.28	-0.27	-0.14	0.04	-0.19	-0.23	-0.35	-0.22	0.13	-0.29	0.15	0.06
Cash	0.92	0.22	0.94	-0.64	0.95	-0.06	-0.08	0.12	0.22	-0.3	0.44	0.76	-0.24		0.96	0.99	0.88	0.37	0.92	-0.18	0.89	0.92	0.24	0.8	0.17	0.32
Other Assets	0.89	0.09	0.93	-0.7	0.95	-0.17	-0.18	-0.02	0.1	-0.42	0.34	0.7	-0.28	0.96		0.95	0.89	0.31	0.88	-0.18	0.87	0.93	0.1	0.89	0.03	0.34
Cash And Short Term Investments	0.9	0.18	0.93	-0.66	0.94	-0.05	-0.09	0.11	0.18	-0.33	0.41	0.74	-0.27	0.99	0.95		0.85	0.32	0.89	-0.07	0.86	0.9	0.26	0.78	0.19	0.28
Total Current Assets	0.94	0.43	0.92	-0.33	0.91	-0.37	-0.35	0.3	0.44	-0.06	0.59	0.76	-0.14	0.88	0.89	0.85		0.53	0.92	-0.35	0.89	0.92	0.32	0.8	0.26	0.6
Intangible Assets	0.59	0.77	0.51	0.31	0.44	0.03	0.12	0.61	0.78	0.53	0.8	0.65	0.04	0.37	0.31	0.32	0.53		0.64	-0.41	0.5	0.46	0.47	0.35	0.46	0.68
Total Current Liabilities	0.98	0.5	0.96	-0.34	0.94	-0.02	-0.01	0.37	0.5	0.0	0.68	0.88	-0.19	0.92	0.88	0.89	0.92	0.64		-0.34	0.93	0.93	0.4	0.8	0.35	0.58
Property Plant And Equipment Net	-0.31	-0.35	-0.27	-0.14	-0.24	0.18	-0.06	-0.19	-0.36	-0.23	-0.37	-0.28	-0.23	-0.18	-0.18	-0.07	-0.35	-0.41	-0.34		-0.38	-0.26	0.11	-0.27	0.12	-0.39
Accounts Payable	0.95	0.38	0.94	-0.39	0.93	-0.04	-0.01	0.28	0.38	-0.09	0.56	0.76	-0.35	0.89	0.87	0.86	0.89	0.5	0.93	-0.38		0.92	0.34	0.79	0.28	0.48
Net Receivables	0.97	0.26	0.99	-0.49	0.99	-0.03	-0.03	0.15	0.27	-0.23	0.46	0.69	-0.22	0.92	0.93	0.9	0.92	0.46	0.93	-0.26	0.92		0.24	0.88	0.16	0.48
Common Stock Total Equity	0.37	0.74	0.28	0.37	0.21	0.03	-0.05	0.92	0.71	0.69	0.68	0.55	0.13	0.24	0.1	0.26	0.32	0.47	0.4	0.11	0.34	0.24		-0.11	0.99	0.4
Property Plant And Equipment Gross	0.83	0.07	0.87	-0.57	0.9	-0.06	-0.04	-0.17	0.1	-0.48	0.3	0.59	-0.29	0.8	0.89	0.78	0.8	0.35	0.8	-0.27	0.79	0.88	-0.11		-0.18	0.39
Common Stock	0.31	0.73	0.21	0.44	0.14	0.04	-0.05	0.94	0.7	0.74	0.65	0.52	0.15	0.17	0.03	0.19	0.26	0.46	0.35	0.12	0.28	0.16	0.99	-0.18		0.37
Other Liab	0.56	0.69	0.48	0.31	0.44	-0.24	-0.16	0.5	0.72	0.43	0.72	0.59	0.06	0.32	0.34	0.28	0.6	0.68	0.58	-0.39	0.48	0.48	0.4	0.39	0.37

Click cells to compare fundamentals

Meritage Account Relationship Matchups

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

Meritage Investors Sentiment

The influence of Meritage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Meritage. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Meritage's public news can be used to forecast risks associated with an investment in Meritage. The trend in average sentiment can be used to explain how an investor holding Meritage can time the market purely based on public headlines and social activities around Meritage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Meritage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Meritage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Meritage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Meritage.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Meritage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Meritage's short interest history, or implied volatility extrapolated from Meritage options trading.

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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:

How To Invest In Meritage

Details

Is Meritage Stock a good investment?

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What is Meritage's Net Worth?

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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.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.

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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.

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Meritage Interest Expense vs Net Income Analysis

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income

Meritage fundamental ratios Correlations

Meritage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Meritage fundamental ratios Accounts

Meritage Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Meritage Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Retained Earnings
Cash And Short Term Investments	+ 0.99	Cash

Other Assets	- 0.7	Net Debt
Cash And Short Term Investments	- 0.66	Net Debt
Cash	- 0.64	Net Debt
Property Plant And Equipment Gross	- 0.57	Net Debt
Retained Earnings	- 0.55	Net Debt
Net Receivables	- 0.49	Net Debt