Methode Electronics Inc financial data

Symbol
MEI on NYSE
Industry
Electronic Connectors
Location
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL
State of incorporation
DE
Fiscal year end
May 3
Latest financial report
10-Q - Q4 2024 - Mar 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 266 % -9.18%
Quick Ratio 93.1 % +7.32%
Debt-to-equity 84.9 % +17.7%
Return On Assets -6.71 % -77.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.7M shares +0.85%
Entity Public Float 453M USD -54.7%
Common Stock, Value, Issued 18.5M USD +0.54%
Weighted Average Number of Shares Outstanding, Basic 35.2M shares -0.41%
Weighted Average Number of Shares Outstanding, Diluted 35.2M shares -0.41%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.07B USD -6.16%
Operating Income (Loss) -61.8M USD -47.1%
Nonoperating Income (Expense) 0 USD +80%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -82.8M USD -44.8%
Income Tax Expense (Benefit) 8.8M USD +1157%
Net Income (Loss) Attributable to Parent -91.6M USD -58.2%
Earnings Per Share, Basic -2.61 USD/shares -61.1%
Earnings Per Share, Diluted -2.6 USD/shares -59.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 104M USD -15.5%
Accounts Receivable, after Allowance for Credit Loss, Current 220M USD -17.1%
Inventory, Net 219M USD +7.26%
Assets, Current 572M USD -9.15%
Deferred Income Tax Assets, Net 34.3M USD -4.99%
Property, Plant and Equipment, Net 209M USD -10.3%
Operating Lease, Right-of-Use Asset 24.9M USD -3.86%
Intangible Assets, Net (Excluding Goodwill) 236M USD -10.8%
Goodwill 167M USD -24%
Other Assets, Noncurrent 732M USD -15%
Assets 1.3B USD -12.5%
Accounts Payable, Current 108M USD -26.2%
Employee-related Liabilities, Current 29.4M USD -6.96%
Liabilities, Current 201M USD -12.4%
Accrued Income Taxes, Noncurrent 9.3M USD -44.3%
Deferred Income Tax Liabilities, Net 29.7M USD -36%
Operating Lease, Liability, Noncurrent 19.8M USD -0.5%
Other Liabilities, Noncurrent 21.7M USD +9.05%
Liabilities 600M USD -8.56%
Accumulated Other Comprehensive Income (Loss), Net of Tax -51.2M USD -64.1%
Retained Earnings (Accumulated Deficit) 558M USD -17.6%
Stockholders' Equity Attributable to Parent 704M USD -15.7%
Liabilities and Equity 1.3B USD -12.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 10.9M USD
Net Cash Provided by (Used in) Financing Activities -48.2M USD -486%
Net Cash Provided by (Used in) Investing Activities -13.6M USD +1.45%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 37M shares +0.49%
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 -50.2M USD -452%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 104M USD -15.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.3M USD +10%
Deferred Tax Assets, Valuation Allowance 7.5M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 78M USD +13.7%
Operating Lease, Liability 27.3M USD -4.55%
Depreciation 33.5M USD +0.6%
Payments to Acquire Property, Plant, and Equipment 13.6M USD -1.45%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -141M USD -266%
Lessee, Operating Lease, Liability, to be Paid 31M USD -6.34%
Property, Plant and Equipment, Gross 545M USD -6.36%
Operating Lease, Liability, Current 7.5M USD +19%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.8M USD +13.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.7M USD -1.28%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.7M USD -17.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.2M USD +24%
Deferred Tax Assets, Operating Loss Carryforwards 13.2M USD -2.22%
Unrecognized Tax Benefits 4.5M USD -2.17%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.4M USD -15.4%
Operating Lease, Payments 2.3M USD 0%
Additional Paid in Capital 190M USD +4.68%
Amortization of Intangible Assets 23.6M USD +3.97%
Depreciation, Depletion and Amortization 14.1M USD +0.71%
Deferred Tax Assets, Net of Valuation Allowance 72.2M USD +16.8%