Mayville Total Revenue vs Total Assets Analysis

MEC Stock  USD 15.99  0.16  1.01%   
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 Total Revenue and its Total Assets 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.

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mayville Engineering Total Revenue account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mayville Engineering's Total Revenue and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Mayville Engineering Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Mayville Engineering's Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Mayville Engineering generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.
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 M.
 2022 2023 2024 2025 (projected)
Interest Expense3.4M11.1M12.8M13.4M
Depreciation And Amortization33.6M35.1M40.3M32.5M

Mayville Engineering fundamental ratios Correlations

0.770.720.850.92-0.820.770.95-0.270.770.730.940.360.990.090.150.710.360.970.990.90.610.170.880.940.9
0.770.370.650.48-0.310.260.82-0.491.00.90.670.660.78-0.08-0.350.980.660.720.730.690.630.490.960.690.52
0.720.370.910.72-0.720.690.670.180.370.310.860.140.66-0.390.40.260.140.820.650.580.550.020.440.840.88
0.850.650.910.71-0.650.590.780.060.650.530.960.460.8-0.320.180.580.460.930.770.710.570.350.720.920.85
0.920.480.720.71-0.970.940.87-0.210.490.540.850.00.910.190.350.40.00.880.930.840.52-0.190.630.860.94
-0.82-0.31-0.72-0.65-0.97-0.99-0.770.21-0.32-0.4-0.770.16-0.81-0.16-0.36-0.220.16-0.79-0.84-0.75-0.470.34-0.47-0.8-0.92
0.770.260.690.590.94-0.990.75-0.260.270.370.72-0.250.760.150.340.16-0.250.740.790.730.49-0.430.40.760.89
0.950.820.670.780.87-0.770.75-0.410.820.850.840.240.95-0.07-0.050.720.240.890.920.850.70.040.850.90.89
-0.27-0.490.180.06-0.210.21-0.26-0.41-0.49-0.53-0.050.03-0.31-0.240.54-0.470.03-0.15-0.31-0.4-0.560.23-0.4-0.18-0.11
0.771.00.370.650.49-0.320.270.82-0.490.910.670.650.78-0.08-0.350.980.650.720.730.690.630.480.960.690.52
0.730.90.310.530.54-0.40.370.85-0.530.910.540.410.77-0.13-0.390.830.410.610.690.670.570.250.850.580.56
0.940.670.860.960.85-0.770.720.84-0.050.670.540.420.91-0.050.260.620.420.990.90.820.570.270.790.970.89
0.360.660.140.460.00.16-0.250.240.030.650.410.420.370.01-0.090.761.00.410.330.280.130.940.680.280.03
0.990.780.660.80.91-0.810.760.95-0.310.780.770.910.370.140.130.730.370.950.990.910.590.170.890.90.88
0.09-0.08-0.39-0.320.19-0.160.15-0.07-0.24-0.08-0.13-0.050.010.140.330.040.010.020.240.2-0.18-0.10.09-0.1-0.13
0.15-0.350.40.180.35-0.360.34-0.050.54-0.35-0.390.26-0.090.130.33-0.35-0.090.230.220.11-0.1-0.19-0.170.130.28
0.710.980.260.580.4-0.220.160.72-0.470.980.830.620.760.730.04-0.350.760.670.680.650.550.60.960.610.4
0.360.660.140.460.00.16-0.250.240.030.650.410.421.00.370.01-0.090.760.410.330.280.130.940.680.280.03
0.970.720.820.930.88-0.790.740.89-0.150.720.610.990.410.950.020.230.670.410.950.870.620.230.830.970.9
0.990.730.650.770.93-0.840.790.92-0.310.730.690.90.330.990.240.220.680.330.950.920.60.110.850.890.87
0.90.690.580.710.84-0.750.730.85-0.40.690.670.820.280.910.20.110.650.280.870.920.740.060.80.820.77
0.610.630.550.570.52-0.470.490.7-0.560.630.570.570.130.59-0.18-0.10.550.130.620.60.74-0.120.570.670.6
0.170.490.020.35-0.190.34-0.430.040.230.480.250.270.940.17-0.1-0.190.60.940.230.110.06-0.120.50.12-0.13
0.880.960.440.720.63-0.470.40.85-0.40.960.850.790.680.890.09-0.170.960.680.830.850.80.570.50.770.61
0.940.690.840.920.86-0.80.760.9-0.180.690.580.970.280.9-0.10.130.610.280.970.890.820.670.120.770.92
0.90.520.880.850.94-0.920.890.89-0.110.520.560.890.030.88-0.130.280.40.030.90.870.770.6-0.130.610.92
Click cells to compare fundamentals

Mayville Engineering Account Relationship Matchups

Mayville Engineering fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets338.5M379.5M440.6M496.7M571.2M413.4M
Short Long Term Debt Total47.9M68.8M109.0M182.1M209.4M116.5M
Other Current Liab18.6M27.3M43.5M19.3M22.2M20.8M
Total Current Liabilities52.7M77.4M102.4M71.7M82.5M75.0M
Total Stockholder Equity200.9M198.3M217.9M230.0M264.5M195.4M
Other Liab39.2M37.6M35.3M15.4M13.8M13.1M
Net Tangible Assets57.2M67.9M76.0M102.5M117.9M123.8M
Property Plant And Equipment Net109.3M120.7M181.8M208.0M239.2M151.6M
Current Deferred Revenue13.3M14.0M18.1M(365K)(328.5K)(312.1K)
Net Debt47.8M68.7M108.9M181.4M208.6M115.8M
Retained Earnings15.0M7.5M26.3M34.1M39.2M23.5M
Accounts Payable33.5M50.1M53.7M46.5M53.5M44.2M
Cash121K118K127K672K604.8K480.5K
Non Current Assets Total249.3M246.9M299.3M362.0M416.3M293.2M
Non Currrent Assets Other7.0M3.9M(9.7M)2.7M2.5M1.4M
Other Assets7.0M3.9M2.1M(1.0)(1.15)(1.09)
Long Term Debt45.3M67.6M72.2M147.5M169.6M101.2M
Cash And Short Term Investments121K118K127K672K604.8K480.5K
Net Receivables42.1M55.4M58.0M57.4M66.1M52.1M
Common Stock Shares Outstanding19.9M20.4M20.7M20.7M23.8M21.8M
Long Term Debt Total75.3M47.3M68.5M72.2M65.0M67.2M
Liabilities And Stockholders Equity338.5M379.5M440.6M496.7M571.2M413.4M
Non Current Liabilities Total84.9M103.8M120.3M195.0M224.2M142.9M
Capital Lease Obligations2.1M892K36.7M33.7M38.7M40.7M
Inventory41.4M70.2M71.7M67.8M77.9M60.6M
Other Current Assets5.7M6.9M11.5M8.7M10.0M6.5M
Other Stockholder Equity185.9M190.7M191.6M195.9M225.2M173.5M
Total Liab137.7M181.2M222.7M266.7M306.7M217.9M
Net Invested Capital246.1M265.9M290.1M377.5M434.1M299.3M
Property Plant And Equipment Gross109.3M120.7M181.8M450.6M518.2M544.1M
Total Current Assets89.2M132.6M141.3M134.6M154.8M120.2M
Treasury Stock(57.7M)(4.9M)(4.9M)(6.5M)(7.4M)(7.8M)
Non Current Liabilities Other25.7M26.7M36.2M2.5M2.8M2.7M
Cash And Equivalents1K121K118K127K114.3K108.6K
Net Working Capital36.5M55.2M38.9M62.9M72.4M45.2M
Short Term Debt626K315K5.2M5.9M5.3M3.4M
Intangible Assets61.5M50.8M43.8M58.7M67.5M61.1M

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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.