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.
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.
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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
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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.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 Total | 68.8M | 109.0M | 182.1M | 116.5M | Total Assets | 379.5M | 440.6M | 496.7M | 413.4M |
Mayville Engineering balance sheet Correlations
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Mayville Engineering Account Relationship Matchups
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Mayville Engineering balance sheet 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 |
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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.