Meritage Corporation (MTH)

Cash ratio

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents US$ in thousands 775,157 728,937 930,463 1,011,650 651,555 831,559 992,921 905,298 921,227 1,048,760 1,163,240 957,210 861,561 299,387 272,147 520,395 618,335 562,291 684,374 716,433
Short-term investments US$ in thousands — — — — — — — — — — — — 11,753 11,356 11,223 5,631 5,764 — — —
Total current liabilities US$ in thousands 200,679 547,659 567,774 577,249 596,685 666,771 638,307 678,694 641,619 755,408 601,032 592,637 613,486 677,793 673,872 666,594 595,896 578,984 531,941 541,167
Cash ratio 3.86 1.33 1.64 1.75 1.09 1.25 1.56 1.33 1.44 1.39 1.94 1.62 1.42 0.46 0.42 0.79 1.05 0.97 1.29 1.32

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($775,157K + $—K) ÷ $200,679K
= 3.86