Mayville Engineering Co Inc (MEC) - Total Assets
Based on the latest financial reports, Mayville Engineering Co Inc (MEC) holds total assets worth $578.07 Million USD as of March 2026. 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. Explore how well can Mayville Engineering Co Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Mayville Engineering Co Inc - Total Assets Trend (2017–2025)
This chart illustrates how Mayville Engineering Co Inc's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Mayville Engineering Co Inc for net asset value and shareholders' equity analysis.
Mayville Engineering Co Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Mayville Engineering Co Inc's total assets of $578.07 Million consist of 22.8% current assets and 77.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.50 Million | 0.3% |
| Accounts Receivable | $57.55 Million | 10.2% |
| Inventory | $59.40 Million | 10.5% |
| Property, Plant & Equipment | $180.47 Million | 32.0% |
| Intangible Assets | $111.28 Million | 19.7% |
| Goodwill | $140.25 Million | 24.9% |
Asset Composition Trend (2017–2025)
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 Mayville Engineering Co Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mayville Engineering Co Inc's current assets represent 22.8% of total assets in 2025, a decrease from 29.9% in 2017.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2025, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, an increase from 26.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 32.0% 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 |
|---|---|---|
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥9.06 Billion |
|
CompoSecure, Inc.
NYSE:CMPO
|
USA | $505.48 Million |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
China | CN¥15.96 Billion |
|
Sung Kwang Bend Co.Ltd
KQ:014620
|
Korea | ₩580.78 Billion |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
China | CN¥2.04 Billion |
|
Korvest Ltd
AU:KOV
|
Australia | AU$91.44 Million |
|
AML3D Ltd
AU:AL3
|
Australia | AU$37.55 Million |
|
RHI Magnesita NV
VI:RHIM
|
Austria | €4.42 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 | 1.64 | 1.67 | 1.62 |
| Quick Ratio | 0.91 | 0.91 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $57.54 Million | $49.07 Million | $44.07 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 | 1.87 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | 26.5% |
| Total Assets | $563.64 Million |
| Market Capitalization | $522.60 Million USD |
Valuation Analysis
Near Book Valuation: The market values Mayville Engineering Co Inc's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Mayville Engineering Co Inc's assets grew by 26.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mayville Engineering Co Inc (2017–2025)
The table below shows the annual total assets of Mayville Engineering Co Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $563.64 Million | +26.50% |
| 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. It supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment… Read more