Mayville Cash Ratio from 2010 to 2024

MEC Stock  USD 16.02  0.05  0.31%   
Mayville Engineering's Cash Ratio is increasing over the years with stable fluctuation. Cash Ratio is expected to dwindle to 0.01. During the period from 2010 to 2024 Mayville Engineering Cash Ratio annual values regression line had geometric mean of  0 and mean square error of  0.000089. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.00937121
Current Value
0.008393
Quarterly Volatility
0.00927124
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mayville Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mayville main balance sheet or income statement drivers, such as Tax Provision of 707.7 K, Interest Income of 3 M or Discontinued Operations of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 2.01. Mayville financial statements analysis is a perfect complement when working with Mayville Engineering Valuation or Volatility modules.
  
This module can also supplement various Mayville Engineering Technical models . Check out the analysis of Mayville Engineering Correlation against competitors.

Latest Mayville Engineering's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Mayville Engineering Co over the last few years. It is Mayville Engineering's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mayville Engineering's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

Mayville Cash Ratio Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation186.65
Mean Deviation0.01
Median0
Standard Deviation0.01
Sample Variance0.000086
Range0.0371
R-Value0.21
Mean Square Error0.000089
R-Squared0.04
Significance0.46
Slope0.0004
Total Sum of Squares0

Mayville Cash Ratio History

2024 0.008393
2023 0.009371
2022 0.00124
2021 0.001525
2020 0.002294
2019 2.1E-5
2018 0.0371

About Mayville Engineering Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mayville Engineering income statement, its balance sheet, and the statement of cash flows. Mayville Engineering investors use historical funamental indicators, such as Mayville Engineering's Cash Ratio, to determine how well the company is positioned to perform in the future. Although Mayville Engineering investors may use each financial statement separately, they are all related. The changes in Mayville Engineering's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mayville Engineering's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mayville Engineering Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mayville Engineering. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.01  0.01 

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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 the analysis of Mayville Engineering Correlation against competitors.
Note that the Mayville Engineering information on this page should be used as a complementary analysis to other Mayville Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Mayville Engineering's price analysis, check to measure Mayville Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
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Is Mayville Engineering's industry 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
0.318
Earnings Share
0.41
Revenue Per Share
29.673
Quarterly Revenue Growth
0.131
Return On Assets
0.0305
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.