Mayville Engineering Company
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Mayville Engineering Company generated cash of $40,363,000, which is less than the previous year. Cash used in financing activities reached the amount of $64,314,000 last year. Net change in cash is therefore $545,000.
Cash Flow
| 2017 | 30.80M | -11.23M | -19.63M |
|---|---|---|---|
| 2018 | 36.71M | -132.56M | 98.86M |
| 2019 | 33.40M | -28.09M | -8.4M |
| 2020 | 36.52M | -5.77M | -30.62M |
| 2021 | 14.45M | -33.96M | 19.50M |
| 2022 | 52.42M | -50.66M | -1.74M |
| 2023 | 40.36M | -104.13M | 64.31M |
MEC Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 127K | 118K | 121K | 1K | 3.08M | 76K | 143K |
Operating activities | |||||||
Net income | 7.84M | 18.72M | -7.45M | -7.09M | -4.75M | 17.93M | 5.24M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 35.08M | 29.31M | 31.78M | 32.08M | 33.00M | 20.46M | 20.73M |
Stock-based compensation expense | 4.48M | 3.75M | 4.96M | 4.73M | 3.48M | 0 | 5.13M |
| Deferred income tax benefit | 4.48M | 3.75M | 4.96M | 4.73M | 3.48M | 0 | 5.13M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 7.79M | -2.49M | -12.67M | -2.66M | 11.85M | 1.04M | 2.57M |
Inventories | 15.99M | -1.63M | -27.89M | 4.24M | 8.88M | -6.87M | -2.48M |
Accounts payable | -9.43M | 9.36M | 11.83M | 515K | -11.01M | 834K | 2.08M |
Cash generated by operating activities | 40.36M | 52.42M | 14.45M | 36.52M | 33.40M | 36.71M | 30.80M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -16.59M | -58.61M | -39.30M | -7.79M | -25.79M | -17.87M | -11.25M |
Acquisitions Net | -88.59M | 7.94M | 5.34M | 2.02M | -2.36M | -114.7M | 24K |
Cash generated by investing activities | -104.13M | -50.66M | -33.96M | -5.77M | -28.09M | -132.56M | -11.23M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 139K | 0 | 101.76M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -2.66M | -4.94M | -2.15M | -2.50M | -2.59M | -7.83M | -8.71M |
Repayments of term debt | 68.18M | 3.19M | -363.68M | -295.08M | -107.57M | -315.64M | -10.50M |
Cash used in financing activities | 64.31M | -1.74M | 19.50M | -30.62M | -8.4M | 98.86M | -19.63M |
Net Change In Cash | 545K | 9K | -3K | 120K | -3.08M | 3.01M | -67K |
Cash at end of period | 672K | 127K | 118K | 121K | 1K | 3.08M | 76K |
| Data source | Data source | Data source | Data source | Data source |