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M I HOMES, INC. (MHO)

M I HOMES, INC. (MHO)

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Balance Sheets Overview

Debt to Asset Ratio
33.54%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash, cash equivalents and restr...
    • Mortgage loans held for sale
    • Other assets
    • Others
Liabilities Breakdown
    • Retained earnings
    • Treasury shares - at cost - 4,89...
    • Senior notes due 2028 - net
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash, cash equivalents and restricted cash
735,941
767,416
689,189
734,174
Mortgage loans held for sale
258,965
261,807
309,100
239,585
Inventory
3,505,298
3,399,101
3,383,941
3,412,830
Property and equipment - net
34,446
31,879
34,342
32,668
Investment in joint venture arrangements
62,018
68,357
106,299
81,514
Operating lease right-of-use assets
51,929
53,116
54,976
50,322
Deferred income tax assets, net
4,508
4,508
4,508
13,451
Goodwill
16,400
16,400
16,400
16,400
Other assets
186,538
185,802
178,370
188,600
Total assets
4,856,043
4,788,386
4,777,125
4,769,544
Accounts payable
244,494
215,817
181,189
257,981
Customer deposits
66,458
59,439
50,841
61,602
Operating lease liabilities
53,732
54,867
56,675
51,968
Other liabilities
277,109
252,172
308,535
293,716
Community development district obligations
17,446
12,884
10,209
8,747
Obligation for consolidated inventory not owned
20,079
44,055
30,330
18,122
Notes payable bank - financial service operations
252,366
260,201
276,856
231,979
Senior notes due 2028 - net
398,814
398,620
398,427
398,233
Senior notes due 2030 - net
298,125
297,999
297,873
297,747
Total liabilities
1,628,623
1,596,054
1,610,935
1,620,095
Common shares - 0.01 par value authorized 58,000,000 shares at both june30, 2026 and december31, 2025 issued 30,137,141 shares at both june30, 2026 and december31, 2025
301
301
301
301
Additional paid-in capital
336,177
333,362
344,118
339,812
Retained earnings
3,414,914
3,335,846
3,268,014
3,204,043
Treasury shares - at cost - 4,899,455 and 4,374,432 shares at june30, 2026 and december31, 2025, respectively
523,972
477,177
446,243
394,707
Total shareholders' equity
3,227,420
3,192,332
3,166,190
3,149,449
Total liabilities and shareholders' equity
4,856,043
4,788,386
4,777,125
4,769,544
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Inventory$3,505,298K (6.65%↑ Y/Y)Cash, cashequivalents and restricted...$735,941K (-8.05%↓ Y/Y)Mortgage loans held forsale$258,965K (-7.80%↓ Y/Y)Other assets$186,538K (1.00%↑ Y/Y)Investment in joint venturearrangements$62,018K (-8.08%↓ Y/Y)Operating leaseright-of-use assets$51,929K (-7.93%↓ Y/Y)Property and equipment -net$34,446K (2.07%↑ Y/Y)Goodwill$16,400K (0.00%↑ Y/Y)Deferred income taxassets, net$4,508K (-66.49%↓ Y/Y)Total assets$4,856,043K (2.45%↑ Y/Y)Total liabilities andshareholders' equity$4,856,043K (2.45%↑ Y/Y)Total shareholders'equity$3,227,420K (4.71%↑ Y/Y)Total liabilities$1,628,623K (-1.77%↓ Y/Y)Treasury shares - at cost -4,899,455 and 4,374,432...$523,972K (45.45%↑ Y/Y)Retained earnings$3,414,914K (10.25%↑ Y/Y)Senior notes due 2028 -net$398,814K (0.19%↑ Y/Y)Senior notes due 2030 -net$298,125K (0.17%↑ Y/Y)Other liabilities$277,109K (-1.47%↓ Y/Y)Notes payable bank -financial service...$252,366K (-8.54%↓ Y/Y)Accounts payable$244,494K (-3.16%↓ Y/Y)Customer deposits$66,458K (-7.90%↓ Y/Y)Operating leaseliabilities$53,732K (-7.35%↓ Y/Y)Obligation forconsolidated inventory not...$20,079K (59.53%↑ Y/Y)Community developmentdistrict obligations$17,446K (76.81%↑ Y/Y)Additional paid-in capital$336,177K (-2.43%↓ Y/Y)Common shares - 0.01 parvalue authorized...$301K (0.00%↑ Y/Y)