Mayville Engineering Company (MEC)

Net assets on the balance sheet as of June 2024 : NZ$0.39 Billion

According to Mayville Engineering Company's latest financial reports the company has NZ$0.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mayville Engineering Company - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.36 B	5.98%
2022-12-31	$NZ$0.34 B	18.22%
2021-12-31	$NZ$0.29 B	4.28%
2020-12-31	$NZ$0.27 B	-6.68%
2019-12-31	$NZ$0.29 B	94.28%
2018-12-31	$NZ$0.15 B	17.39%
2017-12-31	$NZ$0.13 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Mayville Engineering Company (MEC) - Net assets