Methode Electronics Inc financial data

Symbol
MEI on NYSE
Industry
Electronic Connectors
Location
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, Illinois
State of incorporation
Delaware
Fiscal year end
April 29
Latest financial report
Q4 2023 - Mar 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 293 % -11.2%
Quick Ratio 81.8 % -5.27%
Debt-to-equity 72.2 % +36.8%
Return On Assets -3.78 % -162%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.4M shares -1.65%
Entity Public Float 1B USD -9.09%
Common Stock, Value, Issued 18.4M USD -1.08%
Weighted Average Number of Shares Outstanding, Basic 35.3M shares -1.2%
Weighted Average Number of Shares Outstanding, Diluted 35.3M shares -3.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.14B USD -2.46%
Research and Development Expense 35M USD -1.96%
Operating Income (Loss) -42M USD -144%
Nonoperating Income (Expense) -1.6M USD -133%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -57.2M USD -157%
Income Tax Expense (Benefit) 700K USD -95.1%
Net Income (Loss) Attributable to Parent -57.9M USD -168%
Earnings Per Share, Basic -1.62 USD/shares -169%
Earnings Per Share, Diluted -1.63 USD/shares -171%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 123M USD -25.4%
Accounts Receivable, after Allowance for Credit Loss, Current 265M USD -10.2%
Inventory, Net 204M USD +16.3%
Assets, Current 630M USD -6.14%
Deferred Income Tax Assets, Net 36.1M USD -3.99%
Property, Plant and Equipment, Net 233M USD +15.8%
Operating Lease, Right-of-Use Asset 25.9M USD -11.9%
Intangible Assets, Net (Excluding Goodwill) 264M USD +36.7%
Goodwill 220M USD -5.2%
Other Assets, Noncurrent 862M USD +13.8%
Assets 1.49B USD +4.41%
Accounts Payable, Current 146M USD +29.1%
Employee-related Liabilities, Current 31.6M USD +7.48%
Liabilities, Current 230M USD +20.4%
Accrued Income Taxes, Noncurrent 9.3M USD -44.3%
Deferred Income Tax Liabilities, Net 46.4M USD +20.5%
Operating Lease, Liability, Noncurrent 19.9M USD -13.5%
Other Liabilities, Noncurrent 19.9M USD +24.4%
Liabilities 657M USD +35.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -31.2M USD -44.4%
Retained Earnings (Accumulated Deficit) 678M USD -12.9%
Stockholders' Equity Attributable to Parent 835M USD -11.4%
Liabilities and Equity 1.49B USD +4.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.6M USD -144%
Net Cash Provided by (Used in) Financing Activities 12.5M USD
Net Cash Provided by (Used in) Investing Activities -13.8M USD -43.8%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 36.8M shares -1.47%
Common Stock, Par or Stated Value Per Share 0.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.1M USD +53.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 123M USD -25.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3M USD +275%
Deferred Tax Assets, Valuation Allowance 6.8M USD 0%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 68.6M USD +2.39%
Operating Lease, Liability 28.6M USD +137499900%
Depreciation 33.3M USD +7.42%
Payments to Acquire Property, Plant, and Equipment 13.8M USD +43.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -67.5M USD -191%
Lessee, Operating Lease, Liability, to be Paid 33.1M USD +137916567%
Property, Plant and Equipment, Gross 582M USD +6.96%
Operating Lease, Liability, Current 6.3M USD -7.35%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6M USD +124999900%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.8M USD +119999900%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +22.7%
Deferred Income Tax Expense (Benefit) -4M USD -66.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.5M USD +140624900%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5M USD +199999900%
Deferred Tax Assets, Operating Loss Carryforwards 13.5M USD -22.4%
Current Income Tax Expense (Benefit) 17M USD -9.09%
Unrecognized Tax Benefits 4.6M USD -13.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.2M USD +305882253%
Operating Lease, Payments 2.3M USD +21.1%
Additional Paid in Capital 182M USD +1.57%
Amortization of Intangible Assets 22.7M USD +20.7%
Depreciation, Depletion and Amortization 14M USD +13.8%
Deferred Tax Assets, Net of Valuation Allowance 61.8M USD +2.66%