Switch to:
Meritage Homes Corp (NYSE:MTH)
Total Equity
$1,020 Mil (As of Jun. 2014)

Meritage Homes Corp's total equity for the quarter that ended in Jun. 2014 was $1,020 Mil.

Total equity is used to calculate book value per share. Meritage Homes Corp's book value per share for the quarter that ended in Jun. 2014 was $26.09. The ratio of a company’s debt over equity can be used to measure how leveraged this company is. Meritage Homes Corp's debt to equity ratio for the quarter that ended in Jun. 2014 was 0.90.


Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Meritage Homes Corp's Total Equity for the fiscal year that ended in Dec. 2013 is calculated as

Total Equity=Total Assets(Q: Jun. 2014 )-Total Liabilities(Q: Jun. 2014 )
=2003.361-1161.969
=841

Meritage Homes Corp's Total Equity for the quarter that ended in Jun. 2014 is calculated as

Total Equity=Total Assets(Q: Jun. 2014 )-Total Liabilities(Q: Jun. 2014 )
=2192.678-1172.359
=1,020

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

1. Total equity is used to calculate book value per share.

Meritage Homes Corp's Book Value Per Share for the quarter that ended in Jun. 2014 is

2. The ratio of a company’s debt over equity can be used to measure how leveraged this company is.

Meritage Homes Corp's Debt to Equity Ratio for the quarter that ended in Jun. 2014 is

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
=(17.036 + 904.771) / 1020.319
=0.90

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Total Assets, Total Liabilities, Preferred Stock, Common Stock, Retained Earnings, Treasury Stock, Book Value per Share, Total Shares Outstanding, Current Portion of Long-Term Debt, Long-Term Debt, Additional Paid-In Capital


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Meritage Homes Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Total Equity 5238511,007730527485500489694841

Meritage Homes Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Total Equity 4874975966947127517928419831,020
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK