Methode Electronics Balance Sheet
NYSE: MEITechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Methode Electronics financial position
At the end of fiscal 2026, Methode Electronics reported total assets of $1.31 billion, up 0.0% from a year earlier against total liabilities of $628.6 million. Shareholders' equity stood at $677.5 million, or 51.9% of assets. The company held $139.6 million in cash and equivalents against $325.0 million of debt, a net debt position of $185.4 million.
The current ratio (current assets divided by current liabilities) was 2.37, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.48.
Summary generated from market data by MetaCap's automated system. Methodology
Methode Electronics balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-02 | FY 20252025-05-03 | FY 20242024-04-27 | FY 20232023-04-29 | FY 20222022-04-30 | FY 20212021-05-01 | FY 20202020-05-02 | FY 20192019-04-27 | FY 20182018-04-28 | FY 20172017-04-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 139.60M | 103.60M | 161.50M | 157.00M | 172.00M | 233.20M | 217.30M | 83.20M | 246.10M | 294.00M |
| Receivables | 257.30M | 241.00M | 262.60M | 314.30M | 273.30M | 282.50M | 188.50M | 219.30M | 202.60M | 165.30M |
| Inventory | 178.70M | 194.10M | 186.20M | 159.70M | 158.50M | 124.20M | 131.00M | 116.70M | 84.10M | 57.90M |
| Total Current Assets | 600.00M | 559.90M | 637.70M | 664.40M | 629.00M | 674.00M | 565.60M | 453.50M | 550.00M | 530.30M |
| Property, Plant & Equipment | 209.30M | 221.60M | 212.10M | 220.30M | 197.00M | 204.00M | 201.90M | 191.90M | 162.20M | 90.60M |
| Goodwill | 174.90M | 172.70M | 169.90M | 301.90M | 233.00M | 235.60M | 231.60M | 233.30M | 59.20M | 1.60M |
| Intangible Assets | 218.90M | 238.40M | 256.70M | 256.70M | 207.70M | 229.40M | 244.80M | 264.90M | 61.00M | 6.60M |
| Total Assets | 1.31B | 1.31B | 1.40B | 1.58B | 1.39B | 1.47B | 1.37B | 1.23B | 915.90M | 704.00M |
| Accounts Payable | 134.10M | 125.90M | 132.40M | 138.70M | 108.50M | 122.90M | 73.80M | 91.90M | 89.50M | 75.30M |
| Short-Term Debt | 200.00K | 200.00K | 200.00K | 3.20M | 13.00M | 14.90M | 15.30M | 31.40M | 8.80M | 0 |
| Total Current Liabilities | 253.50M | 233.20M | 231.40M | 228.00M | 188.60M | 222.70M | 143.80M | 180.90M | 157.00M | 124.40M |
| Long-Term Debt | 324.80M | 317.40M | 330.70M | 303.60M | 197.50M | 225.20M | 336.80M | 276.90M | 53.40M | 27.00M |
| Total Liabilities | 628.60M | 612.50M | 637.50M | 626.20M | 475.30M | 549.00M | 587.20M | 542.00M | 285.90M | 162.90M |
| Shareholders' Equity | 677.50M | 693.30M | 766.00M | 941.80M | 913.80M | 918.00M | 783.40M | 689.70M | 630.00M | 541.10M |
| Retained Earnings | 479.30M | 524.20M | 612.30M | 772.70M | 763.90M | 746.00M | 651.90M | 545.20M | 472.00M | 427.00M |
| Total Debt | 325.00M | 317.60M | 330.90M | 306.80M | 210.50M | 240.10M | 352.10M | 308.30M | 62.20M | 27.00M |
| Net Cash (Debt) | -185.40M | -214.00M | -169.40M | -149.80M | -38.50M | -6.90M | -134.80M | -225.10M | 183.90M | 267.00M |
| Shares Outstanding | — | — | — | — | — | — | — | — | — | 38.13M |
This table shows 10 annual periods of Methode Electronics's balance sheet, from FY 2026 back to FY 2017, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow MEI's reporting calendar. What is a balance sheet?