Mayville Engineering Company, Inc.

NYSE MEC

Mayville Engineering Company, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.64

Mayville Engineering Company, Inc. Interest Coverage Ratio is 0.64 for the Trailing 12 Months (TTM) ending September 30, 2024, a -15.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Mayville Engineering Company, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.76, a 110.50% change year over year.
Mayville Engineering Company, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was -7.19, a -248.20% change year over year.
Mayville Engineering Company, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 4.85, a 225.95% change year over year.
Mayville Engineering Company, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was -3.85, a -687.46% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NYSE: MEC

Mayville Engineering Company, Inc.

CEO	Mr. Jagadeesh A. Reddy
IPO Date	May 9, 2019
Location	United States
Headquarters	715 South Street
Employees	2,500
Sector	Industrials
Industries Machinery Construction Engineering Services

Description

Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.

Key trends

Past 5 years