Mayville Engineering Co Inc (MEC)
21.04
+0.10
(+0.45%)
USD |
NYSE |
Nov 05, 10:29
Mayville Engineering Debt to Equity Ratio: 0.5127 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5127 |
| March 31, 2024 | 0.5974 |
| December 31, 2023 | 0.6413 |
| September 30, 2023 | 0.7418 |
| June 30, 2023 | 0.7896 |
| March 31, 2023 | 0.3652 |
| December 31, 2022 | 0.3316 |
| September 30, 2022 | 0.3326 |
| June 30, 2022 | 0.3614 |
| March 31, 2022 | 0.4103 |
| December 31, 2021 | 0.341 |
| September 30, 2021 | 0.2579 |
| Date | Value |
|---|---|
| June 30, 2021 | 0.2076 |
| March 31, 2021 | 0.225 |
| December 31, 2020 | 0.2253 |
| September 30, 2020 | 0.3016 |
| June 30, 2020 | 0.3742 |
| March 31, 2020 | 0.4284 |
| December 31, 2019 | 0.3612 |
| September 30, 2019 | 0.4306 |
| June 30, 2019 | 0.4659 |
| March 31, 2019 | 1.770 |
| December 31, 2018 | 1.747 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2076
Minimum
Jun 2021
0.7896
Maximum
Jun 2023
0.4108
Average
0.3614
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Worthington Enterprises Inc | 0.3328 |
| Broadwind Inc | 0.3041 |
| Ocean Power Technologies Inc | 0.00 |
| SIFCO Industries Inc | 1.100 |
| Nuburu Inc | -0.7129 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 488.15M |
| Total Liabilities (Quarterly) | 250.07M |
| Shareholders Equity (Quarterly) | 238.08M |
| Current Ratio | 1.714 |
| Net Debt Paydown Yield | -2.37% |