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Mi Homes Inc   (MHO)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services

Mi Homes Inc 's Working Capital Ratio

MHO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Working Capital Ratio fell to 6.17 below Mi Homes Inc average.

Within Construction Services industry 3 other companies have achieved higher Working Capital Ratio than Mi Homes Inc in first quarter 2024. While Working Capital Ratio total ranking has improved so far during the I Quarter 2024 to 27, from total ranking in the forth quarter 2023 at 134.

Explain Working Capital Ratio
How much in Current Assets MHO´s has?
What is the value of MHO´s Current Liabilities?


MHO Working Capital Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Current Liabilities Change 3.99 % -21.89 % -7.03 % -13.92 % -10.93 %
Y / Y Current Assets Change 4.39 % -1.11 % -9.16 % -4.59 % 2.9 %
Working Capital Ratio MRQ 6.17 7.55 6.07 5.96 6.15
MHO's Total Ranking # 27 # 134 # 728 # 673 # 486
Seq. Current Liabilities Change 21.26 % -17.95 % 0.11 % 4.4 % -8.92 %
Seq. Current Assets Change -0.82 % 2.07 % 1.99 % 1.11 % -6.05 %



Working Capital Ratio first quarter 2024 Company Ranking
Within: No.
Construction Services Industry # 4
Capital Goods Sector # 5
Overall Market # 27


Working Capital Ratio Statistics
High Average Low
14.67 7.07 4.66
(Mar 31 2012)   (Dec 31 2020)




Financial Statements
Mi Homes Inc 's Current Liabilities $ 449 Millions Visit MHO's Balance sheet
Mi Homes Inc 's Current Assets $ 2,774 Millions Visit MHO's Balance sheet
Source of MHO's Sales Visit MHO's Sales by Geography


Cumulative Mi Homes Inc 's Working Capital Ratio

MHO's Working Capital Ratio for the trailling 12 Months

MHO Working Capital Ratio

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Current Liabilities TTM Growth 3.99 % -21.89 % -7.03 % -13.92 % -10.93 %
Y / Y Current Assets TTM Growth 4.39 % -1.11 % -9.16 % -4.59 % 2.9 %
Working Capital Ratio TTM 6.39 6.38 6.03 6.07 5.91
Total Ranking TTM # 12 # 233 # 515 # 579 # 606
Seq. Current Liabilities TTM Growth 21.26 % -17.95 % 0.11 % 4.4 % -8.92 %
Seq. Current Assets TTM Growth -0.82 % 2.07 % 1.99 % 1.11 % -6.05 %


On the trailing twelve months basis MHO Current Assets improved by 4.39 % in I Quarter 2024 year on year, faster than Current Liabilities, this led to increase in in Mi Homes Inc 's Working Capital Ratio to 6.39, Working Capital Ratio remained below MHO average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Construction Services industry 3 other companies have achieved higher Working Capital Ratio than Mi Homes Inc . While Working Capital Ratio overall ranking has improved so far to 12, from total ranking during the twelve months ending forth quarter 2023 at 233.

Explain Working Capital Ratio
How much in Current Assets MHO´s has?
What is the value of MHO´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Construction Services Industry # 4
Capital Goods Sector # 5
Within the Market # 12


trailing twelve months Working Capital Ratio Statistics
High Average Low
14.67 7.07 4.66
(Mar 31 2012)   (Dec 31 2020)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2024, within Construction Services Industry Working Capital RatioMar 31 2024 MRQ Current AssetsMar 31 2024 MRQ Current Liabilities
Lennar Corp  16.11 $ 25,221.569  Millions$ 1,565.464  Millions
Beazer Homes Usa Inc   13.31 $ 2,244.554  Millions$ 168.669  Millions
Lgi Homes Inc   12.16 $ 3,288.015  Millions$ 270.463  Millions
Green Brick Partners Inc   11.14 $ 1,866.485  Millions$ 167.548  Millions
Smith Douglas Homes Corp   8.64 $ 266.858  Millions$ 30.881  Millions
Meritage Homes Corporation  8.54 $ 6,185.945  Millions$ 724.366  Millions
Tri Pointe Homes Inc   8.37 $ 4,492.014  Millions$ 536.788  Millions
Mistras Group inc   7.33 $ 186.970  Millions$ 25.499  Millions
Nvr Inc   7.26 $ 5,604.101  Millions$ 772.402  Millions
Taylor Morrison Home Corp  7.19 $ 6,928.454  Millions$ 964.210  Millions
D r Horton Inc   6.70 $ 27,903.100  Millions$ 4,163.900  Millions
M d c Holdings Inc   6.60 $ 4,979.424  Millions$ 754.581  Millions
Mi Homes Inc   6.17 $ 2,774.165  Millions$ 449.293  Millions
Kb Home  5.66 $ 6,266.393  Millions$ 1,107.234  Millions
Pultegroup Inc  5.43 $ 13,826.774  Millions$ 2,544.313  Millions
Century Communities Inc   5.29 $ 3,295.968  Millions$ 622.539  Millions
Landsea Homes Corporation  4.71 $ 1,322.460  Millions$ 280.822  Millions
Argan Inc  4.52 $ 574.326  Millions$ 127.169  Millions
Sterling Infrastructure Inc   4.36 $ 878.858  Millions$ 201.525  Millions
Hovnanian Enterprises Inc  4.21 $ 1,599.024  Millions$ 379.367  Millions
Toll Brothers Inc   4.19 $ 11,202.336  Millions$ 2,673.518  Millions
Phoenix Plus Corp   3.96 $ 0.909  Millions$ 0.230  Millions
Legacy Housing Corporation  3.76 $ 146.286  Millions$ 38.901  Millions
Installed Building Products Inc   3.50 $ 1,079.200  Millions$ 308.500  Millions
Vse Corporation  3.33 $ 743.096  Millions$ 223.050  Millions
Dycom Industries Inc   3.17 $ 1,626.821  Millions$ 513.554  Millions
Cavco Industries Inc   3.12 $ 851.799  Millions$ 273.267  Millions
Topbuild Corp  2.81 $ 2,202.462  Millions$ 784.365  Millions
Emcor Group Inc   2.64 $ 4,508.129  Millions$ 1,706.265  Millions
Dream Finders Homes Inc   2.34 $ 2,269.203  Millions$ 968.562  Millions

Date modified: 2024-04-26T21:04:08+00:00



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