MYR Cash from 2010 to 2024

MYRG Stock  USD 151.05  3.19  2.16%   
MYR's Cash is increasing over the last several years with very volatile swings. Cash is estimated to finish at about 25 M this year. Cash is the total amount of money in the form of currency that MYR Group has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1985-12-31
Previous Quarter
1.9 M
Current Value
7.6 M
Quarterly Volatility
22.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.1 M, Interest Expense of 5.2 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.17 or PTB Ratio of 3.52. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
  
Check out the analysis of MYR Correlation against competitors.

Latest MYR's Cash Growth Pattern

Below is the plot of the Cash of MYR Group over the last few years. Cash refers to the most liquid asset of MYR Group, which is listed under current asset account on MYR Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MYR customers. The amounts must be unrestricted with restricted cash listed in a different MYR account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. MYR's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYR's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Very volatile
   Cash   
       Timeline  

MYR Cash Regression Statistics

Arithmetic Mean33,846,872
Geometric Mean24,223,910
Coefficient Of Variation78.00
Mean Deviation21,060,102
Median24,899,000
Standard Deviation26,401,648
Sample Variance697T
Range76.9M
R-Value0.02
Mean Square Error750.5T
R-Squared0.0003
Significance0.95
Slope94,295
Total Sum of Squares9758.7T

MYR Cash History

202425 M
202324.9 M
202251 M
202182.1 M
202022.7 M
201912.4 M
20187.5 M

Other Fundumenentals of MYR Group

MYR Cash component correlations

About MYR Financial Statements

MYR stakeholders use historical fundamental indicators, such as MYR's Cash, to determine how well the company is positioned to perform in the future. Although MYR investors may analyze each financial statement separately, they are all interrelated. For example, changes in MYR's assets and liabilities are reflected in the revenues and expenses on MYR's 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 MYR Group. Please read more on our technical analysis and fundamental analysis pages.

Currently Active Assets on Macroaxis

When determining whether MYR Group is a strong investment it is important to analyze MYR's 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 MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out the analysis of MYR Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Construction & Engineering 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 MYR. If investors know MYR 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 MYR 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
(0.49)
Earnings Share
2.33
Revenue Per Share
212.925
Quarterly Revenue Growth
(0.06)
Return On Assets
0.022
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's 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 MYR's market value can be influenced by many factors that don't directly affect MYR's 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 MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's 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.