MRP: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MRP has $9,023,737K in assets. $3,165,421K in debts. $242,578K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Homesite inventory and other related assets	-	7,845,178
Homesite inventory	8,360,431	-
Total inventories	8,360,431	7,845,178
Development loan receivables, net	340,401	-
Cash	242,578	66,575
Option fee receivables	58,236	46,635
Other assets	22,091	15,258
Total assets	9,023,737	7,973,646

Builder deposits	874,257	799,562
Total debt obligations	2,000,000	-
Debt issuance costs	33,829	-
Debt obligations, net	1,966,171	1,011,162
Development guarantee holdback liability	100,000	100,000
Deferred tax liabilities	71,833	56,913
Other liabilities	153,160	131,760
Total liabilities	3,165,421	2,099,397
Retained earnings	-	-98
Common stock value-Common Class A	1,542	1,542
Common stock value-Common Class B	118	118
Additional paid-in capital	5,872,876	5,872,687
Distribution in excess of net income	-16,220	-
Total stockholders' equity	5,858,316	5,874,249
Total liabilities and stockholders' equity	9,023,737	7,973,646