Mayville Other Current Liab vs Non Current Liabilities Total Analysis

MEC Stock  USD 18.95  0.23  1.23%   
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 Other Current Liab and its Non Current Liabilities Total 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 american community survey.

Other Current Liab vs Non Current Liabilities Total

Other Current Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mayville Engineering Other Current Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mayville Engineering's Other Current Liab and Non Current Liabilities Total is 0.5. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Liabilities Total 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 Other Current Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Mayville Engineering Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Liab i.e., Mayville Engineering's Other Current Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Non Current Liabilities Total

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 american community survey.
At present, Mayville Engineering's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.11, whereas Selling General Administrative is forecasted to decline to about 38.6 M.
 2023 2024 2025 2026 (projected)
Interest Expense11.1M11.0M12.6M13.3M
Depreciation And Amortization35.1M37.6M43.2M33.0M

Mayville Engineering fundamental ratios Correlations

0.670.760.840.92-0.840.80.95-0.320.670.670.930.270.990.640.490.420.270.970.980.860.590.440.810.910.92
0.670.40.630.35-0.220.160.68-0.371.00.50.610.710.670.04-0.170.90.710.640.590.460.370.910.950.590.48
0.760.40.950.68-0.690.650.70.150.410.360.90.170.70.540.50.180.170.860.650.590.520.190.50.890.89
0.840.630.950.66-0.620.570.750.070.630.440.960.410.780.460.380.440.410.920.720.660.520.440.720.930.86
0.920.350.680.66-0.960.940.9-0.360.360.660.79-0.090.920.750.640.06-0.090.850.950.850.60.080.530.80.91
-0.84-0.22-0.69-0.62-0.96-0.99-0.820.3-0.23-0.58-0.760.24-0.84-0.76-0.630.060.24-0.8-0.86-0.74-0.50.04-0.41-0.79-0.9
0.80.160.650.570.94-0.990.79-0.340.170.580.7-0.330.790.740.62-0.14-0.330.750.820.720.53-0.120.340.750.87
0.950.680.70.750.9-0.820.79-0.480.680.740.810.130.950.50.330.370.130.870.930.80.660.380.740.840.92
-0.32-0.370.150.07-0.360.3-0.34-0.48-0.37-0.75-0.030.14-0.38-0.090.07-0.120.14-0.15-0.42-0.39-0.55-0.13-0.3-0.12-0.19
0.671.00.410.630.36-0.230.170.68-0.370.510.610.710.670.04-0.170.90.710.640.590.460.370.90.950.590.48
0.670.50.360.440.66-0.580.580.74-0.750.510.470.050.710.310.260.140.050.560.720.780.730.150.530.480.58
0.930.610.90.960.79-0.760.70.81-0.030.610.470.360.880.610.50.430.360.990.850.750.510.440.760.970.9
0.270.710.170.41-0.090.24-0.330.130.140.710.050.360.26-0.06-0.10.861.00.340.20.14-0.020.860.710.210.02
0.990.670.70.780.92-0.840.790.95-0.380.670.710.880.260.630.480.410.260.940.990.870.580.430.810.850.9
0.640.040.540.460.75-0.760.740.5-0.090.040.310.61-0.060.630.94-0.11-0.060.650.70.620.45-0.090.270.540.65
0.49-0.170.50.380.64-0.630.620.330.07-0.170.260.5-0.10.480.94-0.3-0.10.520.570.570.4-0.280.080.40.53
0.420.90.180.440.060.06-0.140.37-0.120.90.140.430.860.41-0.11-0.30.860.430.330.150.021.00.860.370.18
0.270.710.170.41-0.090.24-0.330.130.140.710.050.361.00.26-0.06-0.10.860.340.20.14-0.020.860.710.210.02
0.970.640.860.920.85-0.80.750.87-0.150.640.560.990.340.940.650.520.430.340.910.80.570.450.790.960.92
0.980.590.650.720.95-0.860.820.93-0.420.590.720.850.20.990.70.570.330.20.910.890.620.350.750.830.87
0.860.460.590.660.85-0.740.720.8-0.390.460.780.750.140.870.620.570.150.140.80.890.760.170.620.720.76
0.590.370.520.520.6-0.50.530.66-0.550.370.730.51-0.020.580.450.40.02-0.020.570.620.760.020.370.570.62
0.440.910.190.440.080.04-0.120.38-0.130.90.150.440.860.43-0.09-0.281.00.860.450.350.170.020.870.380.19
0.810.950.50.720.53-0.410.340.74-0.30.950.530.760.710.810.270.080.860.710.790.750.620.370.870.710.59
0.910.590.890.930.8-0.790.750.84-0.120.590.480.970.210.850.540.40.370.210.960.830.720.570.380.710.92
0.920.480.890.860.91-0.90.870.92-0.190.480.580.90.020.90.650.530.180.020.920.870.760.620.190.590.92
Click cells to compare fundamentals

Mayville Engineering Account Relationship Matchups

Mayville Engineering fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets379.5M440.6M496.7M445.6M512.4M422.2M
Short Long Term Debt Total67.6M109.0M181.2M110.1M126.6M116.8M
Other Current Liab27.3M43.9M20.1M20.6M23.6M23.4M
Total Current Liabilities77.4M102.4M71.7M64.6M74.3M74.5M
Total Stockholder Equity198.3M217.9M230.0M251.8M289.5M205.6M
Other Liab39.2M37.6M35.3M15.4M13.8M13.1M
Net Tangible Assets57.2M67.9M76.0M102.5M117.9M123.8M
Property Plant And Equipment Net120.7M181.8M208.0M185.1M212.9M158.1M
Current Deferred Revenue13.3M14.0M18.1M(365K)(328.5K)(312.1K)
Net Debt67.5M108.9M180.5M109.8M126.3M116.1M
Retained Earnings7.5M26.3M34.1M60.1M69.1M72.6M
Accounts Payable50.1M53.7M46.5M39.1M45.0M44.1M
Cash118K127K672K206K185.4K176.1K
Non Current Assets Total246.9M299.3M362.0M332.6M382.5M301.4M
Non Currrent Assets Other3.9M2.1M2.7M3.1M3.6M2.9M
Other Assets3.9M2.1M(1.0)3.1M3.6M2.5M
Long Term Debt67.6M72.2M147.5M79.7M71.8M72.4M
Cash And Short Term Investments118K127K672K206K185.4K176.1K
Net Receivables55.4M58.0M57.4M49.8M57.2M52.5M
Common Stock Shares Outstanding20.8M20.7M20.7M21.0M24.1M22.0M
Long Term Debt Total68.5M72.2M149.8M81.4M73.2M73.5M
Liabilities And Stockholders Equity379.5M440.6M496.7M445.6M512.4M422.2M
Non Current Liabilities Total103.8M120.3M195.0M129.2M148.6M142.0M
Capital Lease Obligations892K36.7M33.7M30.3M34.9M36.6M
Inventory70.2M71.7M67.8M54.8M63.0M60.5M
Other Current Assets6.9M11.5M8.7M8.2M9.4M7.1M
Other Stockholder Equity190.7M191.6M195.9M191.7M220.4M141.2M
Total Liab181.2M222.7M266.7M193.8M222.9M216.6M
Net Invested Capital265.9M290.1M377.5M331.5M381.2M307.4M
Property Plant And Equipment Gross120.7M181.8M450.6M456.0M524.4M550.6M
Total Current Assets132.6M141.3M134.6M112.9M129.9M120.7M
Non Current Liabilities Other26.7M36.2M2.5M2.5M2.9M2.8M
Cash And Equivalents118K127K672K206K185.4K176.1K
Net Working Capital55.2M38.9M62.9M48.4M55.6M46.2M
Short Term Debt315K4.9M5.1M4.9M4.4M3.3M
Intangible Assets50.8M43.8M58.7M51.7M59.5M60.5M

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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 american community survey.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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
(0.99)
Earnings Share
0.58
Revenue Per Share
25.995
Quarterly Revenue Growth
0.066
Return On Assets
0.0082
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.