Managing Growth and 2020 Highlights
Capital Structure
26
($ in millions)
3/31/2021 12/31/2020
12/31/2019
Total Cash and Equivalents
$
292.9 $ 260.8 $
6.1
Credit Facility
$
66.0
Senior Notes
$
642.5 $
642.2
546.1
Other Notes Payable
$
2.5 $
4.1
$
5.8
Total Homebuilding Debt
$
ՆՌ
645.0 $
646.3 $
617.9
MIF Mortgage Credit Facilities
ՄՌ
$
176.2
$
225.6 $
136.9
Shareholders Equity
$
1,353.4 $
1,258.7 $
1,003.5
Total Capitalization
$
2,174.6 $
2,130.6 $
1,758.3
Net Homebuilding Debt / Capitalization
Homebuilding Debt/ Capitalization
20.6 %
32.3 %
23.4 %
37.9 %
33.9 %
38.1 %
Note: Debt figures are based on the stated carrying values per the 3/31/2021, 12/31/2020 and 12/31/2019 balance sheets, respectively, which
are net of any debt issuance costs that are amortized over the respective term of the notes.
M/I HOMESView entire presentation