Market Cap : 146.19 M | Enterprise Value : 256.38 M | PE Ratio : At Loss | PB Ratio : 0.70 |
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Mayville Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $4.8 Mil. Mayville Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $109.6 Mil. Mayville Engineering Co's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $210.5 Mil. Mayville Engineering Co's debt to equity for the quarter that ended in Jun. 2022 was 0.54.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Mayville Engineering Co's Debt-to-Equity or its related term are showing as below:
During the past 5 years, the highest Debt-to-Equity Ratio of Mayville Engineering Co was 1.79. The lowest was 0.22. And the median was 0.42.
MEC's Debt-to-Equity is ranked worse thanThe historical data trend for Mayville Engineering Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Metal Fabrication subindustry, Mayville Engineering Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mayville Engineering Co's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Mayville Engineering Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0.315 | + | 68.502) | / | 198.271 | |
= | 0.35 |
Mayville Engineering Co's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (4.803 | + | 109.594) | / | 210.469 | |
= | 0.54 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Mayville Engineering Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Kent Jennifer J. | director | QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089-3995 |
Stille Randall P | officer: Chief Operating Officer | 715 SOUTH STREET MAYVILLE WI 53050 |
Mance Stephen P. | officer: Chief Operating Officer | 715 SOUTH STREET MAYVILLE WI 53050 |
Fisher Steven L | director | 100 N.E. ADAMS STREET PEORIA IL 61629 |
Carlson Allen J | director | 1500 WEST UNIVERSITY PARKWAY SARASOTA FL 34243 |
Christen Timothy L | director | 715 SOUTH STREET MAYVILLE WI 53050 |
Rothman Jay O. | director | C/O QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089 |
Butz Todd M | officer: Chief Financial Officer | 715 SOUTH STREET MAYVILLE WI 53050 |
Kamphuis Robert D | director, officer: Chairman, Pres. & CEO | 715 SOUTH STREET MAYVILLE WI 53050 |
Raber Ryan F | officer: EVP - Sales & Marketing | 715 SOUTH STREET MAYVILLE WI 53050 |
Sanderson Clifford O | officer: Vice President - HR | 715 SOUTH STREET MAYVILLE WI 53050 |
Welak Eric J | officer: EVP - Fabrication | 715 SOUTH STREET MAYVILLE WI 53050 |
Michels Patrick D | director | 715 SOUTH STREET MAYVILLE WI 53050 |
St. Peter John A | director | 715 SOUTH STREET MAYVILLE WI 53050 |
Johnson Craig E | director | 715 SOUTH STREET MAYVILLE WI 53050 |
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