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Methode Electronics logo
Methode Electronics MEI
$ 11.76 -4.0%
report update icon

Quarterly report 2026-Q3
added 06-24-2026

Methode Electronics Balance Sheet 2026-2009 | MEI

Brief overview of Methode Electronics's assets and capital

The review uses the five latest available annual reports between 2022 and 2026.

Assets declined from $1.4 billion to $1.3 billion, or -6%. The contraction calls for context such as disposals, restructuring or weaker operations.

Liabilities expanded faster than the asset base, +32.3% versus -6%. Debt-service capacity deserves attention.

The equity-to-assets ratio is 51.9%, compared with 65.8% five periods ago. The balance sheet has a substantial internal cushion.

Net debt to equity stands at 0.29x; the current burden does not look excessive.

Cash represents 10.7% of assets versus 12.4% initially, showing how the immediate liquidity reserve changed.

Accumulated earnings ended at $479.3 million, a change of -37.3%. They remain an important part of the capital base.

Conclusion

Methode Electronics retains a reasonably healthy balance sheet structure, which still needs support from earnings and cash flow.

Annual Balance Sheet Methode Electronics

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Net Debt

194 M 221 M 176 M 153 M 31.5 M 13 M 120 M 209 M -188 M -267 M -171 M -163 M -68.4 M -22.3 M -38.8 M -57.4 M - -

Long Term Debt

325 M 317 M 331 M 304 M 198 M 240 M 337 M 277 M 53.4 M 27 M 57 M 5 M 48 M 43.5 M 48 M - - -

Long Term Debt Current

8.9 M 7.4 M 6.7 M 6.8 M 6 M 6.1 M 5.5 M 15.7 M - - - - - - - - - -

Total Non Current Liabilities

375 M 379 M 406 M 398 M 287 M 326 M 443 M 361 M 129 M 38.5 M 67.9 M 16.4 M 64.5 M 55.1 M 56.7 M 10.7 M - -

Total Current Liabilities

254 M 233 M 231 M 228 M 189 M 223 M 144 M 181 M 157 M 124 M 118 M 131 M 119 M 90.5 M 91.9 M - - -

Total Liabilities

629 M 612 M 638 M 626 M 475 M 549 M 587 M 542 M 286 M 163 M 186 M 147 M 184 M 146 M 149 M 73.6 M - -

Deferred Revenue

- - - - - - - 300 K 42 M 40 M - 15 M 8 M 3.31 M 3.53 M - - -

Retained Earnings

479 M 524 M 612 M 773 M 764 M 746 M 652 M 545 M 472 M 427 M 359 M 356 M 269 M 184 M 154 M 156 M - -

Total Assets

1.31 B 1.31 B 1.4 B 1.58 B 1.39 B 1.47 B 1.37 B 1.23 B 916 M 704 M 656 M 606 M 576 M 435 M 404 M 335 M - -

Cash and Cash Equivalents

140 M 104 M 162 M 157 M 172 M 233 M 217 M 83.2 M 246 M 294 M 228 M 168 M 116 M 65.8 M 86.8 M 57.4 M 63.8 M 54 M

Book Value

678 M 693 M 766 M 953 M 914 M 918 M 783 M 690 M 630 M 541 M 470 M 459 M 392 M 289 M 255 M 261 M - -

Total Shareholders Equity

678 M 693 M 766 M 942 M 914 M 918 M 783 M 690 M 630 M 541 M 470 M 459 M 392 M 289 M 255 M 261 M 240 M 235 M

All numbers in USD currency

Quarterly Balance Sheet Methode Electronics

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

341 M 332 M 323 M 341 M 332 M 323 M 296 M 328 M 340 M 296 M 331 M 329 M 336 M 336 M 202 M 191 M 194 M 198 M 229 M 208 M 221 M 225 M 242 M 332 M 334 M 337 M 288 M 260 M 268 M 277 M 116 M 342 M 49.2 M 53.4 M 37 M 106 M 47.6 M 27 M 55 M 49 M 54 M 57 M 20 M 22 M 2 M 5 M 50 M 30 M 38 M 48 M 40 M 51.5 M 52.5 M 43.5 M 39.5 M 46 M 56.5 M 48 M - 36.5 M 27 M -

Total Non Current Liabilities

388 M 390 M 384 M 388 M 390 M 384 M 373 M 399 M 414 M 373 M 427 M 422 M 433 M 433 M 291 M 282 M 283 M 287 M 338 M 303 M 321 M 326 M 346 M 439 M 444 M 443 M - 366 M 374 M 361 M - - - 129 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

631 M 608 M 603 M 631 M 608 M 603 M 634 M 600 M 637 M 634 M 656 M 640 M 642 M 642 M 495 M 496 M 478 M 475 M 547 M 511 M 525 M 549 M 509 M 638 M 604 M 587 M 552 M 550 M 555 M 542 M 353 M 627 M 261 M 286 M - 292 M 194 M 163 M - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

481 M 499 M 511 M 481 M 499 M 511 M 587 M 558 M 581 M 587 M 678 M 697 M 765 M 765 M 753 M 771 M 768 M 764 M 727 M 750 M 762 M 746 M 626 M 699 M 665 M 652 M 527 M 588 M 569 M 545 M 439 M 500 M 490 M 472 M 407 M 467 M 447 M 427 M 342 M 387 M 376 M 359 M 333 M 364 M 376 M 356 M 225 M 310 M 287 M 269 M 177 M 213 M 195 M 184 M 151 M 176 M 155 M 154 M - 153 M 155 M 156 M

Total Assets

1.31 B 1.29 B 1.29 B 1.31 B 1.29 B 1.29 B 1.38 B 1.3 B 1.38 B 1.38 B 1.49 B 1.48 B 1.57 B 1.57 B 1.41 B 1.39 B 1.39 B 1.39 B 1.44 B 1.43 B 1.46 B 1.47 B 1.28 B 1.49 B 1.42 B 1.37 B 1.23 B 1.28 B 1.27 B 1.23 B 960 M 1.27 B 893 M 916 M 667 M 898 M 783 M 704 M 613 M 666 M 656 M 656 M 588 M 610 M 588 M 606 M 507 M 594 M 576 M 576 M 411 M 502 M 474 M 435 M 368 M 422 M 405 M 404 M - 370 M 361 M 335 M

Cash and Cash Equivalents

134 M 118 M 121 M 134 M 118 M 121 M 111 M 104 M 97 M 111 M 123 M 122 M 148 M 148 M 165 M 130 M 152 M 172 M 219 M 177 M 208 M 233 M 79.9 M 242 M 211 M 217 M 73.7 M 95.6 M 73.8 M 83.2 M 304 M 111 M 228 M 246 M 269 M 259 M 259 M 298 M 202 M 250 M 250 M 249 M 168 M 187 M 187 M 168 M 96.8 M 144 M 144 M 136 M 73.4 M 87.8 M 87.8 M 73.4 M 76.8 M 77 M 77 M 85.1 M 69.4 M 75.5 M 75.5 M 84.4 M

Book Value

675 M 679 M 688 M 675 M 679 M 688 M 744 M 704 M 738 M 744 M 835 M 845 M 932 M 932 M 916 M 899 M 911 M 914 M 898 M 920 M 934 M 918 M 773 M 851 M 814 M 783 M 674 M 733 M 714 M 690 M 607 M 643 M 632 M 630 M 667 M 607 M 589 M 541 M 613 M 666 M 656 M 656 M 588 M 610 M 588 M 606 M 507 M 594 M 576 M 576 M 411 M 502 M 474 M 435 M 368 M 422 M 405 M 404 M - 370 M 361 M 335 M

Total Shareholders Equity

675 M 679 M 688 M 675 M 679 M 688 M 744 M 704 M 738 M 744 M 835 M 845 M 931 M 931 M 943 M 899 M 911 M 914 M 898 M 920 M 934 M 918 M 773 M 851 M 851 M 814 M 674 M 733 M 733 M 714 M 607 M 643 M 643 M 632 M 508 M 607 M 589 M 541 M 437 M 493 M 486 M 470 M 431 M 465 M 470 M 459 M 342 M 422 M 408 M 392 M 283 M 330 M 305 M 289 M 250 M 278 M 250 M 255 M - 257 M 258 M 259 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Methode Electronics, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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