Methode Electronics, Inc. (MEI)

Methode Electronics Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 2, 2024	Apr 27, 2024	Apr 29, 2023	Apr 30, 2022	May 1, 2021	May 2, 2020
Cash & Equivalents	97	161.5	157	172	233.2	217.3
Trading Asset Securities	-	-	1.6	-	-	-
Cash & Short-Term Investments	97	161.5	158.6	172	233.2	217.3
Cash Growth	-20.82%	1.83%	-7.79%	-26.24%	7.32%	161.18%
Accounts Receivable	255.9	262.6	314.3	273.7	282.5	189
Other Receivables	4.9	4	12.9	8.3	11.5	12.9
Receivables	260.8	266.6	327.2	282	294	201.9
Inventory	228.2	186.2	159.7	158.5	124.2	131
Prepaid Expenses	23.7	17.4	18.8	16.5	22.6	15.4
Other Current Assets	3.2	6	0.1	-	-	-
Total Current Assets	612.9	637.7	664.4	629	674	565.6
Property, Plant & Equipment	244.4	238.8	248.7	217	226.3	225.4
Long-Term Investments	-	-	-	3	-	-
Goodwill	170.4	169.9	301.9	233	235.6	231.6
Other Intangible Assets	246	256.7	256.7	207.7	229.4	244.8
Long-Term Deferred Tax Assets	35.7	34.7	33.6	36.8	41.2	31.4
Long-Term Deferred Charges	43.8	44.1	36.1	27.2	25	37.1
Other Long-Term Assets	21.9	21.6	37.7	35.4	35.5	34.7
Total Assets	1,375	1,404	1,579	1,389	1,467	1,371
Accounts Payable	129.8	132.4	138.7	108.5	122.9	73.8
Accrued Expenses	76.6	83.8	70.6	54.3	58.5	37.6
Current Portion of Long-Term Debt	0.2	0.2	3.2	13	14.9	15.3
Current Portion of Leases	7.6	6.7	6.8	6	6.1	5.5
Current Income Taxes Payable	8.1	8.1	8.1	6.6	20.3	11.6
Other Current Liabilities	0.3	0.2	0.6	0.2	-	-
Total Current Liabilities	222.6	231.4	228	188.6	222.7	143.8
Long-Term Debt	345.2	332.8	303.6	197.5	225.4	336.8
Long-Term Leases	21.5	20.6	21.8	15.6	17.5	21.8
Long-Term Unearned Revenue	-	-	-	-	-	0.3
Long-Term Deferred Tax Liabilities	30.9	28.7	41.8	38.3	38.3	41.6
Other Long-Term Liabilities	16.6	24	31	35.3	45.1	42.9
Total Liabilities	636.8	637.5	626.2	475.3	549	587.2
Common Stock	18.3	18.3	18.6	19.2	19.8	19.2
Additional Paid-In Capital	188.6	183.6	181	169	157.6	150.7
Retained Earnings	580.6	612.3	772.7	763.9	746	651.9
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-37.7	-36.7	-19	-26.8	6.1	-26.9
Total Common Equity	738.3	766	941.8	913.8	918	783.4
Minority Interest	-	-	11.1	-	-	-
Shareholders' Equity	738.3	766	952.9	913.8	918	783.4
Total Liabilities & Equity	1,375	1,404	1,579	1,389	1,467	1,371
Total Debt	374.5	360.3	335.4	232.1	263.9	379.4
Net Cash (Debt)	-277.5	-198.8	-176.8	-60.1	-30.7	-162.1
Net Cash Per Share	-7.85	-5.60	-4.81	-1.59	-0.80	-4.28
Filing Date Shares Outstanding	35.66	35.32	37.34	38.3	38.3	37.16
Total Common Shares Outstanding	35.27	35.3	35.82	36.93	38.3	37.09
Working Capital	390.3	406.3	436.4	440.4	451.3	421.8
Book Value Per Share	20.93	21.70	26.29	24.74	23.97	21.12
Tangible Book Value	321.9	339.4	383.2	473.1	453	307
Tangible Book Value Per Share	9.13	9.61	10.70	12.81	11.83	8.28
Land	3.3	3.3	3	3.3	3.3	3.3
Buildings	99.4	98.5	98.8	89.2	88.9	87.3
Machinery	401.4	394.6	414.3	407.5	408	367.1
Construction In Progress	54.4	50.4	40.6	21.5	24.8	45.2

Source: S&P Capital IQ. Standard template. Financial Sources.