Mayville Total Current Assets from 2010 to 2024

MEC Stock  USD 16.02  0.05  0.31%   
Mayville Engineering's Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 120.2 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2018-03-31
Previous Quarter
134.6 M
Current Value
145.5 M
Quarterly Volatility
42.4 M
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Mayville Engineering Co over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Mayville Engineering's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Mayville Total Current Assets Regression Statistics

Arithmetic Mean88,973,180
Geometric Mean84,461,088
Coefficient Of Variation34.50
Mean Deviation26,453,525
Median64,173,000
Standard Deviation30,692,733
Sample Variance942T
Range77.1M
R-Value0.86
Mean Square Error265.8T
R-Squared0.74
Significance0.000041
Slope5,895,692
Total Sum of Squares13188.6T

Mayville Total Current Assets History

2024120.2 M
2023134.6 M
2022141.3 M
2021132.6 M
202089.2 M
201990.5 M
2018112.8 M

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 Total Current Assets, 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
Total Current Assets134.6 M120.2 M

Also Currently Popular

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 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Mayville Stock analysis

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.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Transaction History
View history of all your transactions and understand their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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.