M/I Homes Inc (MHO)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands 689,189 821,470 732,604 311,542 236,368
Short-term investments US$ in thousands — — 3,617 51,554 57,121
Total current liabilities US$ in thousands 181,189 609,849 497,981 228,597 244,505
Cash ratio 3.80 1.35 1.48 1.59 1.20

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($689,189K + $—K) ÷ $181,189K
= 3.80