Methode Electronics, Inc. (MEI)

Methode Electronics Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 2, 2025	May 3, 2025	Apr 27, 2024	Apr 29, 2023	Apr 30, 2022	May 1, 2021
Cash & Equivalents	121.1	103.6	161.5	157	172	233.2
Trading Asset Securities	-	-	-	1.6	-	-
Cash & Short-Term Investments	121.1	103.6	161.5	158.6	172	233.2
Cash Growth	8.80%	-35.85%	1.83%	-7.79%	-26.24%	7.32%
Accounts Receivable	215.6	241	262.6	314.3	273.7	282.5
Other Receivables	5.7	4.1	4	12.9	8.3	11.5
Receivables	221.3	245.1	266.6	327.2	282	294
Inventory	190.9	194.1	186.2	159.7	158.5	124.2
Prepaid Expenses	15.7	16.4	17.4	18.8	16.5	22.6
Other Current Assets	0.2	0.7	6	0.1	-	-
Total Current Assets	549.2	559.9	637.7	664.4	629	674
Property, Plant & Equipment	246.6	245.3	238.8	248.7	217	226.3
Long-Term Investments	-	-	-	-	3	-
Goodwill	173.9	172.7	169.9	301.9	233	235.6
Other Intangible Assets	234.9	238.4	256.7	256.7	207.7	229.4
Long-Term Deferred Tax Assets	37.8	37.8	34.7	33.6	36.8	41.2
Long-Term Deferred Charges	28.7	31.7	44.1	36.1	27.2	25
Other Long-Term Assets	20.2	20	21.6	37.7	35.4	35.5
Total Assets	1,291	1,306	1,404	1,579	1,389	1,467
Accounts Payable	123.5	125.9	132.4	138.7	108.5	122.9
Accrued Expenses	71.5	82.2	83.8	70.6	54.3	58.5
Current Portion of Long-Term Debt	0.2	0.2	0.2	3.2	13	14.9
Current Portion of Leases	7.4	7.4	6.7	6.8	6	6.1
Current Income Taxes Payable	17	17.5	8.1	8.1	6.6	20.3
Other Current Liabilities	-	-	0.2	0.6	0.2	-
Total Current Liabilities	219.6	233.2	231.4	228	188.6	222.7
Long-Term Debt	328.2	323.1	332.8	303.6	197.5	225.4
Long-Term Leases	16.8	18.2	20.6	21.8	15.6	17.5
Long-Term Deferred Tax Liabilities	26.9	26.8	28.7	41.8	38.3	38.3
Other Long-Term Liabilities	11.7	11.2	24	31	35.3	45.1
Total Liabilities	603.2	612.5	637.5	626.2	475.3	549
Common Stock	18.3	18.6	18.3	18.6	19.2	19.8
Additional Paid-In Capital	193.3	191.8	183.6	181	169	157.6
Retained Earnings	511	524.2	612.3	772.7	763.9	746
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-23	-29.8	-36.7	-19	-26.8	6.1
Total Common Equity	688.1	693.3	766	941.8	913.8	918
Minority Interest	-	-	-	11.1	-	-
Shareholders' Equity	688.1	693.3	766	952.9	913.8	918
Total Liabilities & Equity	1,291	1,306	1,404	1,579	1,389	1,467
Total Debt	352.6	348.9	360.3	335.4	232.1	263.9
Net Cash (Debt)	-231.5	-245.3	-198.8	-176.8	-60.1	-30.7
Net Cash Per Share	-6.55	-6.94	-5.60	-4.81	-1.59	-0.80
Filing Date Shares Outstanding	35.22	35.21	35.32	37.34	38.3	38.3
Total Common Shares Outstanding	35.22	35.8	35.3	35.82	36.93	38.3
Working Capital	329.6	326.7	406.3	436.4	440.4	451.3
Book Value Per Share	19.54	19.36	21.70	26.29	24.74	23.97
Tangible Book Value	279.3	282.2	339.4	383.2	473.1	453
Tangible Book Value Per Share	7.93	7.88	9.61	10.70	12.81	11.83
Land	3.3	3.3	3.3	3	3.3	3.3
Buildings	105.9	104.6	98.5	98.8	89.2	88.9
Machinery	435	424.2	394.6	414.3	407.5	408
Construction In Progress	51.8	47.9	50.4	40.6	21.5	24.8

Updated Aug 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q