MEC: the balance sheet

MyFinsight

For the year ending 2025-12-31, MEC has $563,640K in assets. $322,903K in debts. $1,502K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	1,502
Receivables, net of allowances for doubtful accounts of 577 at december 31, 2025 and 248 at december 31, 2024	57,551
Inventories, net	59,398
Tooling in progress	4,746
Prepaid expenses and other current assets	5,217
Total current assets	128,414
Total property, plant and equipment, gross	451,669
Less accumulated depreciation	301,673
Property, plant and equipment, net	149,996
Assets held for sale	1,402
Goodwill	140,246
Total intangible assets, gross carrying amount	188,817
Accumulated amortization	77,537
Intangible assets, net	111,280
Operating lease assets	30,473
Other long-term assets	1,829
Total assets	563,640

Accounts payable	52,377
Current portion of operating lease obligation	6,729
Salaries, wages, and payroll taxes	2,753
Bonuses and deferred compensation	2,170
Other current liabilities	10,740
Total current liabilities	74,769
Bank revolving credit notes	202,525
Operating lease obligation, less current maturities	25,572
Deferred compensation, less current portion	5,240
Deferred income tax liability	11,298
Other long-term liabilities	3,499
Total liabilities	322,903
Additional paid-in-capital	208,777
Retained earnings	51,976
Treasury shares at cost, 2,187,334 shares at december 31, 2025 and 1,883,198 at december 31, 2024	20,016
Total shareholders' equity	240,737
Total liabilities and shareholders' equity	563,640

Unit: Thousand (K) dollars (except for numbers of shares and EPS).