Mayville Engineering Co Inc (MEC) - Total Assets
Based on the latest financial reports, Mayville Engineering Co Inc (MEC) holds total assets worth $585.58 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of Mayville Engineering Co Inc for net asset value and shareholders' equity analysis.
Mayville Engineering Co Inc - Total Assets Trend (2017–2024)
This chart illustrates how Mayville Engineering Co Inc's total assets have evolved over time, based on quarterly financial data.
Mayville Engineering Co Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mayville Engineering Co Inc's total assets of $585.58 Million consist of 25.4% current assets and 74.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $206.00K | 0.1% |
| Accounts Receivable | $49.78 Million | 11.2% |
| Inventory | $54.76 Million | 12.3% |
| Property, Plant & Equipment | $185.14 Million | 41.6% |
| Intangible Assets | $51.73 Million | 11.6% |
| Goodwill | $92.65 Million | 20.8% |
Asset Composition Trend (2017–2024)
This chart illustrates how Mayville Engineering Co Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Mayville Engineering Co Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mayville Engineering Co Inc's current assets represent 25.4% of total assets in 2024, a decrease from 29.9% in 2017.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 26.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 41.6% of total assets.
Mayville Engineering Co Inc Competitors by Total Assets
Key competitors of Mayville Engineering Co Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Carpenter Technology Corporation
NYSE:CRS
|
USA | $3.50 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥14.72 Billion |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
China | CN¥939.76 Million |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.05 Billion |
|
Zhejiang Sf Oilless Bearing Co Ltd
SHE:300817
|
China | CN¥1.28 Billion |
|
Jiangsu Jiuwu Hi-Tech Co Ltd
SHE:300631
|
China | CN¥1.99 Billion |
|
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163
|
China | CN¥1.48 Billion |
Mayville Engineering Co Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.82 | 1.77 | 1.69 |
| Quick Ratio | 1.04 | 0.91 | 0.91 |
| Cash Ratio | 0.02 | 0.00 | 0.00 |
| Working Capital | $64.26 Million | $54.88 Million | $36.51 Million |
Mayville Engineering Co Inc - Advanced Valuation Insights
This section examines the relationship between Mayville Engineering Co Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.80 |
| Latest Market Cap to Assets Ratio | 0.97 |
| Asset Growth Rate (YoY) | -10.3% |
| Total Assets | $445.57 Million |
| Market Capitalization | $430.95 Million USD |
Valuation Analysis
Near Book Valuation: The market values Mayville Engineering Co Inc's assets close to their book value (0.97x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Mayville Engineering Co Inc's assets decreased by 10.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mayville Engineering Co Inc (2017–2024)
The table below shows the annual total assets of Mayville Engineering Co Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $445.57 Million | -10.29% |
| 2023-12-31 | $496.66 Million | +12.73% |
| 2022-12-31 | $440.58 Million | +16.10% |
| 2021-12-31 | $379.47 Million | +12.09% |
| 2020-12-31 | $338.53 Million | -6.89% |
| 2019-12-31 | $363.58 Million | -7.18% |
| 2018-12-31 | $391.73 Million | +82.78% |
| 2017-12-31 | $214.32 Million | -- |
About Mayville Engineering Co Inc
Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. The company supplies engineered components to original equipment manufacturers. It serves heavy and medium duty commercial vehicles, construction and access equipment… Read more