Meritage Corporation (MTH)

Quick ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash US$ in thousands 775,157 651,555 921,227 861,561 618,335
Short-term investments US$ in thousands — — — 11,753 5,764
Receivables US$ in thousands 306,956 256,282 266,972 215,019 147,548
Total current liabilities US$ in thousands 200,679 596,685 641,619 613,486 595,896
Quick ratio 5.39 1.52 1.85 1.77 1.29

December 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($775,157K + $—K + $306,956K) ÷ $200,679K
= 5.39