Mayville Engineering Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Mayville Engineering Company's balance sheet done over the years? Its assets were worth $496,661,000 last year, which is more than in the previous period. 54% of Mayville Engineering Company’s total assets is currently financed by debt. Its liabilities reached the amount of $266,683,000, which means an increase by 20% compared compared to last year.
Debt to Assets
| 2017 | 214316000 | 121.42M | 56.66% |
|---|---|---|---|
| 2018 | 391725000 | 288.73M | 73.71% |
| 2019 | 369369000 | 168.47M | 45.61% |
| 2020 | 338533000 | 137.67M | 40.67% |
| 2021 | 379473000 | 181.20M | 47.75% |
| 2022 | 440581000 | 222.71M | 50.55% |
| 2023 | 496661000 | 266.68M | 53.7% |
MEC Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 672K | 127K | 118K | 121K | 1K | 3.08M | 76K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 57.44M | 58.00M | 55.41M | 42.08M | 40.18M | 52.29M | 26.39M |
Inventory | 67.78M | 71.70M | 70.15M | 41.36M | 45.69M | 53.40M | 35.38M |
Other current assets | 8.72M | 11.46M | 6.87M | 5.68M | 4.59M | 2.31M | 2.32M |
Total current assets | 134.62M | 141.30M | 132.56M | 89.24M | 90.47M | 112.75M | 64.17M |
Non-current assets: | |||||||
Property, Plant and Equipment | 207.97M | 181.84M | 120.74M | 109.26M | 128.29M | 125.83M | 90.81M |
Goodwill | 92.65M | 71.53M | 71.53M | 71.53M | 71.53M | 69.43M | 40.20M |
Intangible assets | 58.66M | 43.80M | 50.76M | 61.46M | 72.17M | 82.87M | 18.84M |
Long term investments | 0 | 0 | -8.64M | -11.88M | -14.18M | 0 | 0 |
Other non-current assets | 2.74M | -9.72M | 3.86M | 7.01M | 6.89M | 814K | 280K |
Total non-current assets | 362.03M | 299.27M | 246.90M | 249.28M | 278.89M | 278.96M | 150.14M |
Total assets | 496.66M | 440.58M | 379.47M | 338.53M | 369.36M | 391.72M | 214.31M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | -365K | 18.06M | 13.97M | 13.27M | 11.98M | 13.67M | 8.62M |
Short term debt | 5.87M | 4.85M | 315K | 626K | 598K | 8.88M | 8.02M |
Total current liabilities | 71.70M | 102.44M | 77.37M | 52.74M | 48.19M | 83.16M | 41.87M |
| Non-current liabilities: | |||||||
Long term debt | 176.57M | 104.12M | 68.50M | 47.31M | 75.25M | 173.00M | 67.56M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 5.79M | 4.32M | 1.57M | 100K | 101K | 100K | 11.98M |
Total non-current liabilities | 194.97M | 120.26M | 103.83M | 84.93M | 120.28M | 205.57M | 79.55M |
Total liabilities | 266.68M | 222.71M | 181.20M | 137.67M | 168.47M | 288.73M | 121.42M |
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