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Mays, Inc. MAYS Operating Lease Expense In Excess Of Cash Payments

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Other financials

Income statement

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Revenue$5.3M-5.6%
Operating income-$321.6K-384%
Net income-$216.9K-350%
EPS (diluted)-$0.11-375%

Balance sheet

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Cash & equivalents$3.1M-4.7%
Total debt$31.0M+12.0%
Total equity$51.7M-2.2%
Total assets$90.2M+2.7%

Cash flow

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Operating cash flow$1.4M-25.3%
CapEx$2.8M+159%
Free cash flow-$1.3M-251%

Valuation

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Market cap$78.62M-1.9%
Enterprise value$106.47M+1.9%
P/S3.7×-0.7×

Profitability

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Gross margin43.5%
Operating margin-0.5%
Net margin-0.3%-0.2pp
FCF margin-5.3%

Returns & leverage

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Return on equity-0.1%-0.1pp
Debt / equity0.6×+0.1×
Current ratio1.7×

Where this comes from

Reported directly by Mays, Inc. in its filing.

Tagged under the XBRL concept MAYS:OperatingLeaseExpenseInExcessOfCashPayments.

The official record: Mays, Inc.’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mays, Inc.'s operating lease expense in excess of cash payments?
Mays, Inc. (MAYS) reported operating lease expense in excess of cash payments of $141.52K in Q1 2026.
How has Mays, Inc.'s operating lease expense in excess of cash payments changed year-over-year?
Mays, Inc.'s operating lease expense in excess of cash payments decreased by 31.4% year-over-year, from $206.21K to $141.52K.
What does operating lease expense in excess of cash payments mean?
This metric captures the difference between the recognized lease expense under accounting standards and the actual cash paid for lease obligations. It highlights timing differences in lease accounting that can impact the reconciliation of net income to operating cash flow. It is essential for understanding the true cash impact of long-term lease commitments.