Methode Electronics, Inc. (MEI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 600M | 585.3M | 555.3M | 549.2M | 559.9M | 572.2M | 612.9M | 611.8M | 637.7M | 629.8M | 636.5M | 657.5M | 664.4M | 671M | 658.4M | 639.1M | 629M | 640.4M | 643.1M | 660.9M |
| Cash & Short-Term Investments | 139.6M | 133.7M | 118.5M | 121.1M | 103.6M | 103.8M | 97M | 111.3M | 161.5M | 122.9M | 122.5M | 147.9M | 157M | 164.7M | 129.6M | 152.4M | 172M | 153.1M | 177.2M | 207.9M |
| Cash Only | 139.6M | 133.7M | 118.5M | 121.1M | 103.6M | 103.8M | 97M | 111.3M | 161.5M | 122.9M | 122.5M | 147.9M | 157M | 164.7M | 129.6M | 152.4M | 172M | 153.1M | 177.2M | 207.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 260.5M | 218.6M | 232.1M | 221.3M | 245.1M | 224.2M | 260.8M | 252.7M | 266.6M | 283.9M | 309M | 314.2M | 327.2M | 303M | 321M | 289.7M | 282M | 299.4M | 295M | 290M |
| Days Sales Outstanding | 73.13 | 87.75 | 83.55 | 88.24 | 83.05 | 91.99 | 85.99 | 91.4 | 90.33 | 103.96 | 98.46 | 99.63 | 96.25 | 101.36 | 87.96 | 92.11 | 91.63 | 92.75 | 90.08 | 93.44 |
| Inventory | 178.7M | 209.8M | 190.2M | 190.9M | 194.1M | 218.8M | 228.2M | 219.9M | 186.2M | 204M | 183.9M | 175.6M | 159.7M | 175.4M | 172.5M | 173.9M | 158.5M | 167M | 149M | 142.4M |
| Days Inventory Outstanding | 80.31 | 90.68 | 87.05 | 88.92 | 79.1 | 102.41 | 93.55 | 86.38 | 72.08 | 79.32 | 69.4 | 64.02 | 64.79 | 73.56 | 65.18 | 68.56 | 63.35 | 64.62 | 58.59 | 56.75 |
| Other Current Assets | 21.2M | 23.2M | 14.5M | 15.9M | 17.1M | 25.4M | 26.9M | 27.9M | 23.4M | 19M | 21.1M | 19.8M | 0 | 27.9M | 0 | 0 | 8.3M | 0 | 0 | 0 |
| Total Non-Current Assets | 106.1M | 721M | 732.1M | 742.1M | 745.9M | 732.4M | 762.2M | 766.1M | 765.8M | 861.7M | 848.4M | 916.6M | 914.7M | 757.5M | 735.9M | 750.8M | 760.1M | 770.9M | 787.6M | 798M |
| Property, Plant & Equipment | 229.8M | 246.2M | 246.1M | 246.6M | 245.3M | 233.5M | 244.4M | 239.2M | 238.8M | 258.4M | 251.5M | 254.7M | 248.7M | 230.1M | 213.8M | 212.8M | 217M | 218.6M | 228.4M | 235.1M |
| Fixed Asset Turnover | 1.25x | 0.95x | 1.00x | 0.98x | 1.07x | 1.00x | 1.21x | 1.08x | 1.12x | 1.02x | 1.14x | 1.15x | 1.26x | 1.26x | 1.48x | 1.31x | 1.33x | 1.30x | 1.28x | 1.25x |
| Goodwill | 174.9M | 175.5M | 173.4M | 173.9M | 172.7M | 167.4M | 170.4M | 170.6M | 169.9M | 220.4M | 220.7M | 302.5M | 301.9M | 232.5M | 231M | 232.7M | 233M | 234M | 235M | 235.2M |
| Intangible Assets | 218.9M | 225.6M | 228.6M | 234.9M | 238.4M | 235.7M | 246M | 252.2M | 256.7M | 264.3M | 264.7M | 251.3M | 256.7M | 193.3M | 196.7M | 202.6M | 207.7M | 213.3M | 219.1M | 224.1M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 13.6M | 0 | 0 | 0 | 12.3M | 0 | 0 | 0 | 0 | 0 | 0 | 6.9M | 4.9M | 1.1M | 400K | 0 |
| Other Non-Current Assets | -557M | 32.6M | 45.2M | 48.9M | 38.1M | 61.5M | 65.7M | 68.1M | 53.4M | 82.5M | 78.5M | 74.4M | 73.8M | 64M | 59M | 59.6M | 60.7M | 65.1M | 65.5M | 63.4M |
| Total Assets | 1.31B | 1.31B | 1.29B | 1.29B | 1.31B | 1.3B | 1.38B | 1.38B | 1.4B | 1.49B | 1.48B | 1.57B | 1.58B | 1.43B | 1.39B | 1.39B | 1.39B | 1.41B | 1.43B | 1.46B |
| Asset Turnover | 0.23x | 0.18x | 0.19x | 0.19x | 0.20x | 0.18x | 0.21x | 0.19x | 0.19x | 0.17x | 0.19x | 0.18x | 0.20x | 0.20x | 0.23x | 0.20x | 0.21x | 0.21x | 0.20x | 0.20x |
| Asset Growth % | 0.02% | 0.13% | -6.38% | -6.28% | -6.96% | -12.53% | -7.39% | -12.46% | -11.12% | 4.41% | 6.5% | 13.25% | 13.68% | 1.22% | -2.54% | -4.74% | -5.31% | -2.3% | -3.93% | 2.88% |
| Total Current Liabilities | 253.5M | 242.8M | 217.6M | 219.6M | 233.2M | 201.4M | 222.6M | 260.8M | 231.4M | 229.9M | 218.3M | 208.4M | 228M | 190.9M | 213M | 195.8M | 188.6M | 203.7M | 207.8M | 204.1M |
| Accounts Payable | 132.8M | 135.3M | 124.2M | 123.5M | 125.9M | 107.7M | 129.8M | 161.1M | 132.4M | 146M | 133.5M | 131.9M | 138.7M | 113.1M | 124.5M | 116.4M | 108.5M | 115.9M | 118.6M | 110.8M |
| Days Payables Outstanding | 55.42 | 58.83 | 56.58 | 57.6 | 44.75 | 54.41 | 60.73 | 62.43 | 51.43 | 57.16 | 51.23 | 51.66 | 48.69 | 50.24 | 45.33 | 46.39 | 43.67 | 47.95 | 46.12 | 49.75 |
| Short-Term Debt | 9.1M | 200K | 7.8M | 200K | 200K | 200K | 7.8M | 200K | 200K | 200K | 3M | 10.1M | 3.2M | 500K | 13M | 18.6M | 19M | 19.3M | 21.6M | 20.7M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.6M | 0 | 6M | 0 | 0 | 45.6M | 0 | 0 | 0 | 17.3M | 19.8M |
| Other Current Liabilities | 87.1M | 38.5M | 73.8M | 25.9M | 32M | 29.4M | 23.9M | 36.3M | 38M | 39.5M | 29M | 26.7M | 36.7M | 29.4M | 9.1M | 27.6M | 30.6M | 37.7M | 37.1M | 42.6M |
| Current Ratio | 2.37x | 2.41x | 2.55x | 2.50x | 2.40x | 2.84x | 2.75x | 2.35x | 2.76x | 2.74x | 2.92x | 3.15x | 2.91x | 3.51x | 3.09x | 3.26x | 3.34x | 3.14x | 3.09x | 3.24x |
| Quick Ratio | 1.66x | 1.55x | 1.68x | 1.63x | 1.57x | 1.75x | 1.73x | 1.50x | 1.95x | 1.85x | 2.07x | 2.31x | 2.21x | 2.60x | 2.28x | 2.38x | 2.49x | 2.32x | 2.38x | 2.54x |
| Cash Conversion Cycle | 98.02 | 119.6 | 114.03 | 119.56 | 117.4 | 139.98 | 118.81 | 115.36 | 110.98 | 126.12 | 116.62 | 111.98 | 112.35 | 124.68 | 107.81 | 114.28 | 111.31 | 109.41 | 102.54 | 100.44 |
| Total Non-Current Liabilities | 375.1M | 388.5M | 390.5M | 383.6M | 379.3M | 398.9M | 414.2M | 372.7M | 406.1M | 426.6M | 421.7M | 433.4M | 398.2M | 295M | 282.5M | 282.7M | 286.7M | 291.2M | 303.4M | 320.6M |
| Long-Term Debt | 339.6M | 340.7M | 347.6M | 323.2M | 317.4M | 327.7M | 361.9M | 295.8M | 330.7M | 331.1M | 329M | 335.8M | 303.6M | 200.8M | 191M | 194.2M | 197.5M | 202.4M | 208.4M | 220.6M |
| Capital Lease Obligations | 15M | 15.2M | 15.3M | 16.8M | 18.2M | 19.8M | 21.5M | 19.9M | 21.1M | 19.9M | 20.9M | 22.4M | 21.8M | 23M | 19M | 13.5M | 14.8M | 12.9M | 16M | 16.1M |
| Deferred Tax Liabilities | 29.7M | 25.9M | 25.8M | 26.9M | 26.8M | 29.7M | 30.9M | 27.9M | 28.7M | 46.4M | 46M | 41.4M | 41.8M | 38.5M | 40.4M | 37.3M | 38.3M | 37.4M | 37.4M | 37.7M |
| Other Non-Current Liabilities | 4.1M | 6.7M | 1.8M | 16.7M | 16.9M | 21.7M | 21.4M | 29.1M | 26.1M | 29.2M | 25.8M | 33.8M | 31M | 32.7M | 32.1M | 37.7M | 36.1M | 38.5M | 41.6M | 46.2M |
| Total Liabilities | 628.6M | 631.3M | 608.1M | 603.2M | 612.5M | 600.3M | 636.8M | 633.5M | 637.5M | 656.5M | 640M | 641.8M | 626.2M | 485.9M | 495.5M | 478.5M | 475.3M | 494.9M | 511.2M | 524.7M |
| Total Debt | 348.7M | 364.1M | 370.7M | 347.6M | 343.2M | 355.2M | 369.7M | 322.8M | 359.2M | 357.5M | 359.5M | 368.3M | 335.4M | 231.1M | 204M | 226.3M | 231.3M | 234.6M | 246M | 257.4M |
| Net Debt | 209.1M | 230.4M | 252.2M | 226.5M | 239.6M | 251.4M | 272.7M | 211.5M | 197.7M | 234.6M | 237M | 220.4M | 178.4M | 66.4M | 74.4M | 73.9M | 59.3M | 81.5M | 68.8M | 49.5M |
| Debt / Equity | 0.51x | 0.54x | 0.55x | 0.51x | 0.50x | 0.50x | 0.50x | 0.43x | 0.47x | 0.43x | 0.43x | 0.40x | 0.35x | 0.25x | 0.23x | 0.25x | 0.25x | 0.26x | 0.27x | 0.28x |
| Debt / EBITDA | 11.70x | 40.91x | 20.71x | 21.73x | - | - | 15.60x | 48.91x | - | 30.04x | - | 20.69x | 15.82x | 5.84x | 4.53x | 6.64x | 8.38x | 5.39x | 5.29x | 5.51x |
| Net Debt / EBITDA | 7.02x | 25.89x | 14.09x | 14.16x | - | - | 11.51x | 32.05x | - | 19.71x | - | 12.38x | 8.42x | 1.68x | 1.65x | 2.17x | 2.15x | 1.87x | 1.48x | 1.06x |
| Interest Coverage | 2.14x | -1.06x | 0.26x | 0.34x | -2.94x | -0.49x | 1.26x | -1.69x | -13.02x | -1.10x | -11.61x | 1.36x | 6.57x | 29.75x | 67.80x | 86.33x | 27.83x | 48.86x | 30.18x | 32.64x |
| Total Equity | 677.5M | 675M | 679.3M | 688.1M | 693.3M | 704.3M | 738.3M | 744.4M | 766M | 835M | 844.9M | 932.3M | 952.9M | 942.6M | 898.8M | 911.4M | 913.8M | 916.4M | 919.5M | 934.3M |
| Equity Growth % | -2.28% | -4.16% | -7.99% | -7.56% | -9.49% | -15.65% | -12.62% | -20.15% | -19.61% | -11.42% | -6% | 2.29% | 4.28% | 2.86% | -2.25% | -2.45% | -0.46% | 2.09% | 8% | 14.81% |
| Book Value per Share | 19.10 | 19.03 | 19.15 | 19.37 | 19.53 | 19.84 | 20.80 | 21.01 | 21.70 | 23.64 | 23.69 | 25.70 | 25.88 | 25.58 | 24.40 | 24.49 | 24.26 | 24.45 | 24.14 | 24.29 |
| Total Shareholders' Equity | 677.5M | 675M | 679.3M | 688.1M | 693.3M | 704.3M | 738.3M | 744.4M | 766M | 835M | 844.9M | 931.4M | 941.8M | 942.6M | 898.8M | 911.4M | 913.8M | 916.4M | 919.5M | 934.3M |
| Common Stock | 18.4M | 18.4M | 18.4M | 18.3M | 18.6M | 18.5M | 18.3M | 18.3M | 18.3M | 18.4M | 18.5M | 18.7M | 18.6M | 18.6M | 18.7M | 19M | 19.2M | 19.2M | 19.4M | 19.8M |
| Retained Earnings | 479.3M | 481M | 498.9M | 511M | 524.2M | 558.3M | 580.6M | 587.1M | 612.3M | 677.6M | 697M | 764.8M | 772.7M | 778.2M | 771.2M | 768.1M | 763.9M | 752.9M | 749.8M | 761.9M |
| Treasury Stock | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M | -11.5M |
| Accumulated OCI | -8.8M | -10.5M | -22.3M | -23M | -29.8M | -51.2M | -37.7M | -36.3M | -36.7M | -31.2M | -42.9M | -23.1M | -19M | -21.6M | -54.3M | -36.2M | -26.8M | -10.6M | -2M | 2.9M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900K | 11.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |