Myers Interest Coverage from 2010 to 2026
| MYE Stock | USD 22.73 0.89 4.08% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 1.65 | Current Value 1.57 | Quarterly Volatility 4.65093747 |
Check Myers Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Myers Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.3 M, Interest Expense of 37.4 M or Total Revenue of 594.4 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0471 or PTB Ratio of 1.82. Myers financial statements analysis is a perfect complement when working with Myers Industries Valuation or Volatility modules.
Myers | Interest Coverage | Build AI portfolio with Myers Stock |
Analyzing Myers Industries's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing Myers Industries's current valuation and future prospects.
Latest Myers Industries' Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Myers Industries over the last few years. It is Myers Industries' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Myers Industries' overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
Myers Interest Coverage Regression Statistics
| Arithmetic Mean | 6.50 | |
| Geometric Mean | 4.63 | |
| Coefficient Of Variation | 71.53 | |
| Mean Deviation | 4.22 | |
| Median | 7.62 | |
| Standard Deviation | 4.65 | |
| Sample Variance | 21.63 | |
| Range | 13.6196 | |
| R-Value | (0.16) | |
| Mean Square Error | 22.49 | |
| R-Squared | 0.03 | |
| Significance | 0.54 | |
| Slope | (0.15) | |
| Total Sum of Squares | 346.10 |
Myers Interest Coverage History
About Myers Industries Financial Statements
Myers Industries stakeholders use historical fundamental indicators, such as Myers Industries' Interest Coverage, to determine how well the company is positioned to perform in the future. Although Myers Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Myers Industries' assets and liabilities are reflected in the revenues and expenses on Myers Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Myers Industries. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 1.65 | 1.57 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:Check out the analysis of Myers Industries Correlation against competitors. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Will Metal, Glass & Plastic Containers sector continue expanding? Could Myers diversify its offerings? Factors like these will boost the valuation of Myers Industries. Expected growth trajectory for Myers significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Myers Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.06) | Dividend Share 0.54 | Earnings Share 0.74 | Revenue Per Share | Quarterly Revenue Growth 0.002 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Myers Industries' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Myers Industries represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Myers Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.