Mayville Engineering Co (FRA:2YN) Short-Term Capital Lease Obligation : €4.6 Mil (As of Mar. 2024)

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What is Mayville Engineering Co Short-Term Capital Lease Obligation?

Mayville Engineering Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.6 Mil.

Mayville Engineering Co's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (€4.8 Mil) to Dec. 2023 (€4.6 Mil) and declined from Dec. 2023 (€4.6 Mil) to Mar. 2024 (€4.6 Mil).

Mayville Engineering Co's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€4.6 Mil) and increased from Dec. 2022 (€4.6 Mil) to Dec. 2023 (€4.6 Mil).

Mayville Engineering Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Mayville Engineering Co's Short-Term Capital Lease Obligation 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.

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Mayville Engineering Co Short-Term Capital Lease Obligation Chart

Mayville Engineering Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.54

0.52

4.59

4.64

Mayville Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															4.57	4.63	4.76	4.64	4.61

Mayville Engineering Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Mayville Engineering Co Short-Term Capital Lease Obligation Related Terms

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Mayville Engineering Co (FRA:2YN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mayville Engineering Co Inc (FRA:2YN) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MEC:USA

Address

715 South Street, Mayville, WI, USA, 53050

Website

https://www.mecinc.com

Mayville Engineering Co Inc is involved in a manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.

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