Mayville Historical Balance Sheet

MEC Stock  USD 16.56  0.24  1.47%   
Trend analysis of Mayville Engineering Co balance sheet accounts such as Total Current Liabilities of 75 M provides information on Mayville Engineering's total assets, liabilities, and equity, which is the actual value of Mayville Engineering to its prevalent stockholders. By breaking down trends over time using Mayville Engineering balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Mayville Engineering latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mayville Engineering is a good buy for the upcoming year.

Mayville Engineering Inventory

60.58 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Mayville Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mayville Engineering at a specified time, usually calculated after every quarter, six months, or one year. Mayville Engineering Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mayville Engineering and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mayville currently owns. An asset can also be divided into two categories, current and non-current.

Mayville Engineering Balance Sheet Chart

At present, Mayville Engineering's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 123.8 M, whereas Total Assets are forecasted to decline to about 413.4 M.

Total Assets

Total assets refers to the total amount of Mayville Engineering assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mayville Engineering books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mayville Engineering balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mayville Engineering Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mayville Engineering balance sheet. This account contains Mayville Engineering investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mayville Engineering Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Mayville Engineering's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mayville Engineering current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At present, Mayville Engineering's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 123.8 M, whereas Total Assets are forecasted to decline to about 413.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total68.8M109.0M182.1M116.5M
Total Assets379.5M440.6M496.7M413.4M

Mayville Engineering balance sheet Correlations

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Click cells to compare fundamentals

Mayville Engineering Account Relationship Matchups

Mayville Engineering balance sheet Accounts

201920202021202220232024 (projected)
Total Assets369.4M338.5M379.5M440.6M496.7M413.4M
Short Long Term Debt Total75.9M47.9M68.8M109.0M182.1M116.5M
Other Current Liab3.4M18.6M27.3M43.5M19.3M20.8M
Total Current Liabilities48.2M52.7M77.4M102.4M71.7M75.0M
Total Stockholder Equity200.9M200.9M198.3M217.9M230.0M195.4M
Other Liab39.2M37.6M35.3M15.4M13.8M13.1M
Net Tangible Assets57.2M67.9M76.0M102.5M117.9M123.8M
Property Plant And Equipment Net128.3M109.3M120.7M181.8M208.0M151.6M
Current Deferred Revenue12.0M13.3M14.0M18.1M(365K)(346.8K)
Net Debt75.9M47.8M68.7M108.9M181.4M115.8M
Retained Earnings22.1M15.0M7.5M26.3M34.1M23.5M
Accounts Payable32.2M33.5M50.1M53.7M46.5M44.2M
Cash1K121K118K127K672K480.5K
Non Current Assets Total278.9M249.3M246.9M299.3M362.0M293.2M
Non Currrent Assets Other6.9M7.0M3.9M(9.7M)2.7M2.9M
Other Assets1.1M7.0M3.9M2.1M(1.0)(0.95)
Long Term Debt72.6M45.3M67.6M72.2M147.5M101.2M
Cash And Short Term Investments1K121K118K127K672K480.5K
Net Receivables40.2M42.1M55.4M58.0M57.4M52.1M
Common Stock Shares Outstanding17.4M19.9M20.4M20.7M20.7M21.8M
Long Term Debt Total75.3M47.3M68.5M72.2M65.0M67.2M
Liabilities And Stockholders Equity369.4M338.5M379.5M440.6M496.7M413.4M
Non Current Liabilities Total120.3M84.9M103.8M120.3M195.0M142.9M
Capital Lease Obligations3.3M2.1M892K36.7M33.7M35.4M
Inventory45.7M41.4M70.2M71.7M67.8M60.6M
Other Current Assets4.6M5.7M6.9M11.5M8.7M6.5M
Other Stockholder Equity178.8M185.9M190.7M191.6M195.9M173.5M
Total Liab168.5M137.7M181.2M222.7M266.7M217.9M
Net Invested Capital273.5M246.1M265.9M290.1M377.5M299.3M
Property Plant And Equipment Gross128.3M109.3M120.7M181.8M450.6M473.1M
Total Current Assets90.5M89.2M132.6M141.3M134.6M120.2M
Treasury Stock(57.7M)(4.9M)(4.9M)(6.5M)(7.4M)(7.8M)
Cash And Equivalents1K121K118K127K114.3K108.6K
Net Working Capital42.3M36.5M55.2M38.9M62.9M45.2M
Short Term Debt598K626K315K5.2M5.9M3.4M
Intangible Assets72.2M61.5M50.8M43.8M58.7M61.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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
0.58
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.