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Mayville Engineering Company inc   (MEC)
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Mayville Engineering Inc 's Tangible Leverage Ratio

MEC's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowings by 1.6%, Mayville Engineering Inc managed to enhance Tangible Leverage Ratio in the first quarter 2023 to 1.66, surpassing the average for Mayville Engineering Inc 's Tangible Leverage Ratio.

Within Electronic Instruments & Controls industry in the first quarter 2023, 11 other companies have achieved lower Tangible Leverage Ratio than Mayville Engineering Inc in the I Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the first quarter 2023 to 605, from total ranking in the forth quarter 2022 at 809 .

Explain Tangible Leverage Ratio?
What is MEC Market Share?
What are MEC´s Total Liabilities?


MEC Tangible Leverage Ratio (Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Tangible Equity Change 44.44 % 17.61 % 16.58 % 8.27 % 11.97 %
Y / Y Total Liabilities Change 10.98 % 24.58 % 43.59 % 58.83 % 41.76 %
Tangible Leverage Ratio MRQ 1.66 1.75 1.91 2.38 2.16
MEC's Total Ranking # 605 # 809 # 1761 # 1855 #
Seq. Tangible Equity Change 7.04 % 5.15 % 18.14 % 8.62 % -12.84 %
Seq. Total Liabilities Change 1.6 % -4.09 % -4.83 % 19.68 % 14.05 %



Tangible Leverage Ratio first quarter 2023 Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 12
Technology Sector # 54
Overall Market # 605


Tangible Leverage Ratio Statistics
High Average Low
4.11 1 0.58
(Mar 31 2019)   (Dec 31 2020)




Financial Statements
Mayville Engineering Inc 's Tangible Equity $ 110 Millions Visit MEC's Balance sheet
Mayville Engineering Inc 's Total Liabilities $ 182 Millions Visit MEC's Balance sheet
Source of MEC's Sales Visit MEC's Sales by Geography


Cumulative Mayville Engineering Inc 's Tangible Leverage Ratio

MEC's Tangible Leverage Ratio for the trailling 12 Months

MEC Tangible Leverage Ratio

(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Tangible Equity TTM Growth 44.44 % 17.61 % 16.58 % 8.27 % 11.97 %
Y / Y Total Liabilities TTM Growth 10.98 % 24.58 % 43.59 % 58.83 % 41.76 %
Tangible Leverage Ratio TTM 1.9 2.02 2.01 1.92 1.74
Total Ranking TTM # 9 # 893 # 7 # 1861 #
Seq. Tangible Equity TTM Growth 7.04 % 5.15 % 18.14 % 8.62 % -12.84 %
Seq. Total Liabilities TTM Growth 1.6 % -4.09 % -4.83 % 19.68 % 14.05 %


On the trailing twelve months basis Despite of the net new borrowings of 1.6% during the twelve months period ending in I Quarter 2023 Mayville Engineering Inc has managed to decrease Tangible Leverage Ratio in the I Quarter 2023 to 1.9, above the MEC's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Electronic Instruments & Controls industry MEC recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 9, from total ranking in previous 12 month period at 893.

Explain Tangible Leverage Ratio?
What is MEC Market Share?
What are MEC´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Electronic Instruments & Controls Industry # 0
Technology Sector # 0
Within the Market # 9


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.31 0.93 0.71
(Sep 30 2019)   (Mar 31 2021)




Companies with similar Tangible Leverage Ratio in the quarter ending Mar 31 2023, within Electronic Instruments & Controls Industry Tangible Leverage RatioMar 31 2023 MRQ Total LiabilitiesMar 31 2023 MRQ Tangible Equity
Sypris Solutions Inc   4.55 $ 95.453  Millions$ 20.989  Millions
Ault Alliance Inc   3.56 $ 455.236  Millions$ 127.994  Millions
Varex Imaging Corporation  3.12 $ 671.200  Millions$ 214.800  Millions
Mercury Systems Inc   2.64 $ 822.974  Millions$ 312.159  Millions
R F Industries Ltd  2.34 $ 42.314  Millions$ 18.107  Millions
Materion Corporation  2.17 $ 782.732  Millions$ 361.296  Millions
Crawford United Corp  1.94 $ 41.574  Millions$ 21.419  Millions
Crown Electrokinetics Corp   1.91 $ 10.224  Millions$ 5.348  Millions
Mayville Engineering Company inc   1.66 $ 181.874  Millions$ 109.737  Millions
Kulr Technology Group Inc   1.59 $ 11.884  Millions$ 7.475  Millions
Intest Corp  1.56 $ 45.018  Millions$ 28.816  Millions
Advanced Energy Industries Inc  1.45 $ 912.788  Millions$ 630.758  Millions
Senseonics Holdings Inc   1.25 $ 80.438  Millions$ 64.464  Millions
Nortech Systems Incorporated  1.17 $ 33.388  Millions$ 28.523  Millions
Frequency Electronics Inc   1.11 $ 35.719  Millions$ 32.269  Millions
Pioneer Power Solutions Inc   1.09 $ 18.673  Millions$ 17.184  Millions
Vishay Intertechnology Inc   1.01 $ 1,893.750  Millions$ 1,869.695  Millions
Quarta rad Inc   0.98 $ 0.376  Millions$ 0.383  Millions
Applied Dna Sciences inc   0.92 $ 9.166  Millions$ 9.968  Millions
Nuvve Holding Corp   0.91 $ 14.689  Millions$ 16.078  Millions
Vishay Precision Group Inc   0.73 $ 161.741  Millions$ 222.028  Millions
Microvision Inc   0.54 $ 36.724  Millions$ 67.538  Millions
Cognex Corp  0.44 $ 527.735  Millions$ 1,192.818  Millions
Teradyne Inc   0.44 $ 866.538  Millions$ 1,990.388  Millions
M tron Industries Inc   0.39 $ 5.649  Millions$ 14.661  Millions
Cohu Inc  0.35 $ 200.092  Millions$ 571.281  Millions
Hurco Companies inc   0.35 $ 78.981  Millions$ 226.566  Millions
Espey Mfg and Electronics Corp   0.34 $ 11.763  Millions$ 34.803  Millions

Date modified: 2023-08-24T20:48:30+00:00



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