Mayville Engineering Co Inc (MEC) - Total Liabilities
Based on the latest financial reports, Mayville Engineering Co Inc (MEC) has total liabilities worth $345.89 Million USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check MEC financial resilience to evaluate the company's liquid asset resilience ratio.
Mayville Engineering Co Inc - Total Liabilities Trend (2017–2025)
This chart illustrates how Mayville Engineering Co Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Mayville Engineering Co Inc balance sheet assets.
Mayville Engineering Co Inc Competitors by Total Liabilities
The table below lists competitors of Mayville Engineering Co Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ngx Energy International Corp
V:GASX
|
Canada | CA$218.15 Million |
|
Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO
|
Turkey | TL37.86 Billion |
|
Lime Technologies AB (publ)
ST:LIME
|
Sweden | Skr572.56 Million |
|
Jash Engineering Limited
NSE:JASH
|
India | Rs3.27 Billion |
|
Enento Group Plc
HE:ENENTO
|
Finland | €200.86 Million |
|
Castro
TA:CAST
|
Israel | ILA1.76 Billion |
|
HPF Co Ltd
SHE:300350
|
China | CN¥412.59 Million |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
China | CN¥246.68 Million |
Liability Composition Analysis (2017–2025)
This chart breaks down Mayville Engineering Co Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See how leveraged is Mayville Engineering Co Inc's balance sheet to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.64 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.49 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.60 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Mayville Engineering Co Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mayville Engineering Co Inc (2017–2025)
The table below shows the annual total liabilities of Mayville Engineering Co Inc from 2017 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $322.90 Million | +66.60% |
| 2024-12-31 | $193.82 Million | -27.32% |
| 2023-12-31 | $266.68 Million | +19.74% |
| 2022-12-31 | $222.71 Million | +22.91% |
| 2021-12-31 | $181.20 Million | +31.61% |
| 2020-12-31 | $137.68 Million | -15.37% |
| 2019-12-31 | $162.69 Million | -43.66% |
| 2018-12-31 | $288.74 Million | +137.78% |
| 2017-12-31 | $121.43 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