Myers Total Assets from 2010 to 2024
MYE Stock | USD 11.23 0.47 4.02% |
Total Assets | First Reported 1985-12-31 | Previous Quarter 951.6 M | Current Value 905 M | Quarterly Volatility 213.7 M |
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 M, Interest Expense of 7.2 M or Total Revenue of 586 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0191 or PTB Ratio of 1.84. Myers financial statements analysis is a perfect complement when working with Myers Industries Valuation or Volatility modules.
Myers | Total Assets |
Latest Myers Industries' Total Assets Growth Pattern
Below is the plot of the Total Assets of Myers Industries over the last few years. Total assets refers to the total amount of Myers Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Myers Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Myers Industries' Total Assets 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.
View | Last Reported 541.63 M | 10 Years Trend |
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Total Assets |
Timeline |
Myers Total Assets Regression Statistics
Arithmetic Mean | 418,143,792 | |
Geometric Mean | 380,315,667 | |
Coefficient Of Variation | 29.58 | |
Mean Deviation | 82,405,033 | |
Median | 430,099,000 | |
Standard Deviation | 123,696,886 | |
Sample Variance | 15300.9T | |
Range | 516.6M | |
R-Value | 0.39 | |
Mean Square Error | 14013.4T | |
R-Squared | 0.15 | |
Significance | 0.15 | |
Slope | 10,696,965 | |
Total Sum of Squares | 214212.9T |
Myers Total Assets History
Other Fundumenentals of Myers Industries
Myers Industries Total Assets component correlations
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About Myers Industries Financial Statements
Myers Industries stakeholders use historical fundamental indicators, such as Myers Industries' Total Assets, 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 | ||
Total Assets | 541.6 M | 431.3 M | |
Intangibles To Total Assets | 0.26 | 0.18 |
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share 22.234 | Quarterly Revenue Growth 0.037 |
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.