MHO: the balance sheet

MyFinsight

For the year ending 2025-12-31, MHO has $4,777,125K in assets. $1,610,935K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Cash, cash equivalents, and restricted cash	689,189
Mortgage loans held-for-sale	309,100
Inventory	3,383,941
Property and equipment - net	34,342
Investment in joint venture arrangements	106,299
Operating lease, right-of-use asset	54,976
Deferred income tax assets, net	4,508
Goodwill	16,400
Other assets	178,370
Total assets	4,777,125

Accounts payable	181,189
Customer deposits	50,841
Operating lease, liability	56,675
Other liabilities	308,535
Community development district obligation	10,209
Obligation for consolidated inventory not owned	30,330
Notes payable bank - financial services operations	276,856
Senior notes due 2028 - net	398,427
Senior notes due 2030 - net	297,873
Total liabilities	1,610,935
Common shares - 0.01 par value authorized 58,000,000 shares at both december 31, 2025 and 2024 issued 30,137,141 shares at both december 31, 2025 and 2024	301
Additional paid-in capital	344,118
Retained earnings	3,268,014
Treasury shares - at cost - 4,374,432 and 3,074,118 shares at december 31, 2025 and 2024, respectively	446,243
Total shareholders' equity	3,166,190
Total liabilities and shareholders' equity	4,777,125

Unit: Thousand (K) dollars