Mayville Cost Of Revenue vs Net Interest Income Analysis
MEC Stock | USD 16.99 0.43 2.60% |
Mayville Engineering financial indicator trend analysis is infinitely more than just investigating Mayville Engineering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mayville Engineering is a good investment. Please check the relationship between Mayville Engineering Cost Of Revenue and its Net Interest Income accounts. 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.
Cost Of Revenue vs Net Interest Income
Cost Of Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mayville Engineering Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mayville Engineering's Cost Of Revenue and Net Interest Income is -0.56. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Mayville Engineering Co, assuming nothing else is changed. The correlation between historical values of Mayville Engineering's Cost Of Revenue and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Mayville Engineering Co are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., Mayville Engineering's Cost Of Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Mayville Engineering income statement and represents the costs associated with goods and services Mayville Engineering provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Mayville Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 13.07, whereas Selling General Administrative is forecasted to decline to about 37.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 3.4M | 11.1M | 11.6M | Depreciation And Amortization | 31.8M | 33.6M | 35.1M | 32.5M |
Mayville Engineering fundamental ratios Correlations
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Mayville Engineering Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mayville Engineering fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 369.4M | 338.5M | 379.5M | 440.6M | 496.7M | 413.4M | |
Short Long Term Debt Total | 75.9M | 47.9M | 68.8M | 109.0M | 182.1M | 116.5M | |
Other Current Liab | 3.4M | 18.6M | 27.3M | 43.5M | 19.3M | 20.8M | |
Total Current Liabilities | 48.2M | 52.7M | 77.4M | 102.4M | 71.7M | 75.0M | |
Total Stockholder Equity | 200.9M | 200.9M | 198.3M | 217.9M | 230.0M | 195.4M | |
Other Liab | 39.2M | 37.6M | 35.3M | 15.4M | 13.8M | 13.1M | |
Net Tangible Assets | 57.2M | 67.9M | 76.0M | 102.5M | 117.9M | 123.8M | |
Property Plant And Equipment Net | 128.3M | 109.3M | 120.7M | 181.8M | 208.0M | 151.6M | |
Current Deferred Revenue | 12.0M | 13.3M | 14.0M | 18.1M | (365K) | (346.8K) | |
Net Debt | 75.9M | 47.8M | 68.7M | 108.9M | 181.4M | 115.8M | |
Retained Earnings | 22.1M | 15.0M | 7.5M | 26.3M | 34.1M | 23.5M | |
Accounts Payable | 32.2M | 33.5M | 50.1M | 53.7M | 46.5M | 44.2M | |
Cash | 1K | 121K | 118K | 127K | 672K | 480.5K | |
Non Current Assets Total | 278.9M | 249.3M | 246.9M | 299.3M | 362.0M | 293.2M | |
Non Currrent Assets Other | 6.9M | 7.0M | 3.9M | (9.7M) | 2.7M | 2.9M | |
Other Assets | 1.1M | 7.0M | 3.9M | 2.1M | (1.0) | (0.95) | |
Long Term Debt | 72.6M | 45.3M | 67.6M | 72.2M | 147.5M | 101.2M | |
Cash And Short Term Investments | 1K | 121K | 118K | 127K | 672K | 480.5K | |
Net Receivables | 40.2M | 42.1M | 55.4M | 58.0M | 57.4M | 52.1M | |
Common Stock Shares Outstanding | 17.4M | 19.9M | 20.4M | 20.7M | 20.7M | 21.8M | |
Long Term Debt Total | 75.3M | 47.3M | 68.5M | 72.2M | 65.0M | 67.2M | |
Liabilities And Stockholders Equity | 369.4M | 338.5M | 379.5M | 440.6M | 496.7M | 413.4M | |
Non Current Liabilities Total | 120.3M | 84.9M | 103.8M | 120.3M | 195.0M | 142.9M | |
Capital Lease Obligations | 3.3M | 2.1M | 892K | 36.7M | 33.7M | 35.4M | |
Inventory | 45.7M | 41.4M | 70.2M | 71.7M | 67.8M | 60.6M | |
Other Current Assets | 4.6M | 5.7M | 6.9M | 11.5M | 8.7M | 6.5M | |
Other Stockholder Equity | 178.8M | 185.9M | 190.7M | 191.6M | 195.9M | 173.5M | |
Total Liab | 168.5M | 137.7M | 181.2M | 222.7M | 266.7M | 217.9M | |
Net Invested Capital | 273.5M | 246.1M | 265.9M | 290.1M | 377.5M | 299.3M | |
Property Plant And Equipment Gross | 128.3M | 109.3M | 120.7M | 181.8M | 450.6M | 473.1M | |
Total Current Assets | 90.5M | 89.2M | 132.6M | 141.3M | 134.6M | 120.2M | |
Treasury Stock | (57.7M) | (4.9M) | (4.9M) | (6.5M) | (7.4M) | (7.8M) | |
Cash And Equivalents | 1K | 121K | 118K | 127K | 114.3K | 108.6K | |
Net Working Capital | 42.3M | 36.5M | 55.2M | 38.9M | 62.9M | 45.2M | |
Short Term Debt | 598K | 626K | 315K | 5.2M | 5.9M | 3.4M | |
Intangible Assets | 72.2M | 61.5M | 50.8M | 43.8M | 58.7M | 61.1M |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.