Methode Electronics, Inc. (MEI)

Methode Electronics Balance Sheet

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

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

Updated Jul 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q