MYR Depreciation And Amortization from 2010 to 2024
MYRG Stock | USD 145.46 0.09 0.06% |
Depreciation And Amortization | First Reported 1989-03-31 | Previous Quarter 16.3 M | Current Value 16.7 M | Quarterly Volatility 5.7 M |
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.
MYR | Depreciation And Amortization |
Latest MYR's Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of MYR Group over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. MYR's Depreciation And Amortization 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.
Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
Timeline |
MYR Depreciation And Amortization Regression Statistics
Arithmetic Mean | 38,603,193 | |
Geometric Mean | 33,444,737 | |
Coefficient Of Variation | 40.18 | |
Mean Deviation | 11,030,980 | |
Median | 39,122,000 | |
Standard Deviation | 15,509,183 | |
Sample Variance | 240.5T | |
Range | 58.5M | |
R-Value | 0.95 | |
Mean Square Error | 23.9T | |
R-Squared | 0.91 | |
Slope | 3,303,869 | |
Total Sum of Squares | 3367.5T |
MYR Depreciation And Amortization History
About MYR Financial Statements
MYR stakeholders use historical fundamental indicators, such as MYR's Depreciation And Amortization, 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.
Last Reported | Projected for Next Year | ||
Depreciation And Amortization | 59.1 M | 62.1 M |
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 2.28 | 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.