Mayville Other Current Liab from 2010 to 2024

MEC Stock  USD 16.99  0.43  2.60%   
Mayville Engineering's Other Current Liabilities is increasing over the years with slightly volatile fluctuation. Overall, Other Current Liabilities is expected to go to about 20.8 M this year. During the period from 2010 to 2024 Mayville Engineering Other Current Liabilities annual values regression line had geometric mean of  9,574,944 and mean square error of 66.9 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
2018-03-31
Previous Quarter
22.5 M
Current Value
23.1 M
Quarterly Volatility
10 M
 
Covid
Check Mayville Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mayville Engineering's main balance sheet or income statement drivers, such as Tax Provision of 707.7 K, Interest Income of 3 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 2.01. Mayville financial statements analysis is a perfect complement when working with Mayville Engineering Valuation or Volatility modules.
  
Check out the analysis of Mayville Engineering Correlation against competitors.

Latest Mayville Engineering's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Mayville Engineering Co over the last few years. It is Mayville Engineering's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mayville Engineering's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Mayville Other Current Liab Regression Statistics

Arithmetic Mean12,892,902
Geometric Mean9,574,944
Coefficient Of Variation87.46
Mean Deviation8,895,616
Median5,735,000
Standard Deviation11,275,665
Sample Variance127.1T
Range40M
R-Value0.71
Mean Square Error66.9T
R-Squared0.51
Significance0
Slope1,802,413
Total Sum of Squares1780T

Mayville Other Current Liab History

202420.8 M
202319.3 M
202243.5 M
202127.3 M
202018.6 M
20193.4 M
201814.6 M

About Mayville Engineering Financial Statements

Mayville Engineering stakeholders use historical fundamental indicators, such as Mayville Engineering's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Mayville Engineering investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mayville Engineering's assets and liabilities are reflected in the revenues and expenses on Mayville Engineering's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mayville Engineering Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities19.3 M20.8 M

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When determining whether Mayville Engineering offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mayville Engineering's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mayville Engineering Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mayville Engineering Co Stock:
Check out the analysis of Mayville Engineering Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mayville Engineering. If investors know Mayville will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mayville Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1
Earnings Share
0.59
Revenue Per Share
29.624
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0313
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.