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 - Q3 2024 - Dec 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 264 % -15.2%
Quick Ratio 88.7 % +1.56%
Debt-to-equity 83.2 % +27.2%
Return On Assets -6.29 % -261%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.7M shares +0.16%
Entity Public Float 453M USD -54.7%
Common Stock, Value, Issued 18.3M USD -1.08%
Weighted Average Number of Shares Outstanding, Basic 35.5M shares -0.5%
Weighted Average Number of Shares Outstanding, Diluted 35.5M shares -0.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.09B USD -6.14%
Operating Income (Loss) -62.6M USD -435%
Nonoperating Income (Expense) -2M USD +23.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -85.1M USD -259%
Income Tax Expense (Benefit) 3.7M USD +37%
Net Income (Loss) Attributable to Parent -88.8M USD -236%
Earnings Per Share, Basic -2.53 USD/shares -247%
Earnings Per Share, Diluted -2.52 USD/shares -232%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 97M USD -20.8%
Accounts Receivable, after Allowance for Credit Loss, Current 256M USD -12.5%
Inventory, Net 228M USD +24.1%
Assets, Current 613M USD -3.71%
Deferred Income Tax Assets, Net 35.7M USD +8.18%
Property, Plant and Equipment, Net 217M USD -3.3%
Operating Lease, Right-of-Use Asset 27.2M USD +1.12%
Intangible Assets, Net (Excluding Goodwill) 246M USD -7.07%
Goodwill 170M USD -22.8%
Other Assets, Noncurrent 762M USD -10.2%
Assets 1.38B USD -7.39%
Accounts Payable, Current 130M USD -2.77%
Employee-related Liabilities, Current 31.5M USD +8.62%
Liabilities, Current 223M USD +1.97%
Accrued Income Taxes, Noncurrent 9.3M USD -44.3%
Deferred Income Tax Liabilities, Net 30.9M USD -32.8%
Operating Lease, Liability, Noncurrent 21.5M USD +2.87%
Other Liabilities, Noncurrent 21.4M USD +29.7%
Liabilities 637M USD -0.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -37.7M USD +12.1%
Retained Earnings (Accumulated Deficit) 581M USD -16.7%
Stockholders' Equity Attributable to Parent 738M USD -12.6%
Liabilities and Equity 1.38B USD -7.39%

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 36.6M shares -1.11%
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 97M USD -20.8%
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 34M USD +5.92%
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 559M USD -0.61%
Operating Lease, Liability, Current 7.6M USD +15.2%
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 189M USD +2.61%
Amortization of Intangible Assets 23.9M USD +12.2%
Depreciation, Depletion and Amortization 14.1M USD +0.71%
Deferred Tax Assets, Net of Valuation Allowance 72.2M USD +16.8%