M/I Homes Quick Ratio
- Annual: 5.57
- Quarterly: 5.91
- TTM: 5.91
What is the Quick Ratio?
The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.
Related Metrics
Other important metrics to assess M/I Homes's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 21.14
- Quarterly: 21.14
- TTM: 21.14
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 4.14
- Quarterly: 4.14
- TTM: 4.14
These metrics provide insights into M/I Homes's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Quick Ratio
5.57
Quarterly Quick Ratio
5.91
TTM Quick Ratio
5.91
M/I Homes Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
M/I Homes Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Quick Ratio | Current Ratio | Cash Ratio |
|---|---|---|---|
| 2024 | 5.57 | 21.14 | 4.14 |
| 2023 | 3.14 | 12.79 | 2.53 |
| 2022 | 2.42 | 14.80 | 1.36 |
| 2021 | 2.09 | 12.12 | 0.97 |
| 2020 | 2.67 | 12.99 | 1.40 |
| 2019 | 1.29 | 15.44 | 0.05 |
| 2018 | 1.45 | 14.19 | 0.16 |
| 2017 | 2.76 | 14.82 | 1.29 |
| 2016 | 1.83 | 13.61 | 0.33 |
| 2015 | 1.61 | 14.41 | 0.15 |
Related Metrics
Explore detailed financial metrics and analysis for MHO.