MEC
Price:
$16.99
Market Cap:
$350.75M
Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.[Read more]
Industry
Manufacturing - Metal Fabrication
IPO Date
2019-05-09
Stock Exchange
NYSE
Ticker
MEC
According to Mayville Engineering Company, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.77. This represents a change of -1.71% compared to the average of 1.80 of the last 4 quarters.
The mean historical Current Ratio of Mayville Engineering Company, Inc. over the last ten years is 1.63. The current 1.77 Current Ratio has changed 10.73% with respect to the historical average. Over the past ten years (40 quarters), MEC's Current Ratio was at its highest in in the June 2023 quarter at 3.03. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
1.63
Median
1.69
Minimum
1.36
Maximum
1.88
Discovering the peaks and valleys of Mayville Engineering Company, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.47%
Maximum Annual Current Ratio = 1.88
Minimum Annual Increase = -19.50%
Minimum Annual Current Ratio = 1.36
Year | Current Ratio | Change |
---|---|---|
2023 | 1.88 | 36.11% |
2022 | 1.38 | -19.50% |
2021 | 1.71 | 1.25% |
2020 | 1.69 | -9.87% |
2019 | 1.88 | 38.47% |
2018 | 1.36 | -11.52% |
The current Current Ratio of Mayville Engineering Company, Inc. (MEC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.66
5-year avg
1.71
10-year avg
1.63
Mayville Engineering Company, Inc.’s Current Ratio is less than Haynes International, Inc. (7.74), less than Insteel Industries, Inc. (5.68), less than Gulf Island Fabrication, Inc. (4.61), less than ESAB Corporation (1.92), less than Northwest Pipe Company (3.20), less than Ampco-Pittsburgh Corporation (1.99), less than Ryerson Holding Corporation (2.22), less than Worthington Industries, Inc. (3.47), less than ATI Inc. (2.94), less than Carpenter Technology Corporation (3.84),
Company | Current Ratio | Market cap |
---|---|---|
7.74 | $779.76M | |
5.68 | $592.71M | |
4.61 | $113.49M | |
1.92 | $7.71B | |
3.20 | $558.32M | |
1.99 | $34.76M | |
2.22 | $808.28M | |
3.47 | $2.03B | |
2.94 | $8.46B | |
3.84 | $9.52B |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Mayville Engineering Company, Inc. (MEC)?
What is the 5-year average Current Ratio for Mayville Engineering Company, Inc. (MEC)?
How does the current Current Ratio for Mayville Engineering Company, Inc. (MEC) compare to its historical average?