MYR Historical Balance Sheet
| MYRG Stock | USD 134.00 0.11 0.08% |
Trend analysis of MYR Group balance sheet accounts such as Total Current Liabilities of 902.2 M provides information on MYR's total assets, liabilities, and equity, which is the actual value of MYR Group to its prevalent stockholders. By breaking down trends over time using MYR balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MYR Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MYR Group is a good buy for the upcoming year.
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About MYR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MYR Group at a specified time, usually calculated after every quarter, six months, or one year. MYR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MYR and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MYR currently owns. An asset can also be divided into two categories, current and non-current.
MYR Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on MYR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MYR Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Cash
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. 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.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from MYR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MYR Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, MYR's Other Current Liabilities is most likely to increase significantly in the upcoming years. The MYR's current Total Current Liabilities is estimated to increase to about 902.2 M, while Cash And Short Term Investments are projected to decrease to roughly 25 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 74.5M | 73.6M | 84.6M | 88.9M | Total Assets | 1.4B | 1.6B | 1.8B | 1.9B |
MYR balance sheet Correlations
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MYR Account Relationship Matchups
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MYR balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 995.9M | 1.1B | 1.4B | 1.6B | 1.8B | 1.9B | |
| Short Long Term Debt Total | 52.1M | 25.5M | 74.5M | 73.6M | 84.6M | 88.9M | |
| Other Current Liab | 86.1M | 106.7M | 91.3M | 115.0M | 132.2M | 138.8M | |
| Total Current Liabilities | 443.4M | 498.6M | 667.0M | 747.2M | 859.3M | 902.2M | |
| Total Stockholder Equity | 429.3M | 519.1M | 560.2M | 651.2M | 748.9M | 786.3M | |
| Property Plant And Equipment Net | 207.4M | 217.1M | 263.7M | 304.0M | 349.6M | 367.1M | |
| Net Debt | 29.4M | (56.6M) | 23.5M | 48.7M | 56.0M | 58.8M | |
| Retained Earnings | 270.5M | 355.0M | 404.9M | 492.5M | 566.4M | 594.7M | |
| Cash | 22.7M | 82.1M | 51.0M | 24.9M | 28.6M | 25.0M | |
| Non Current Assets Total | 359.2M | 372.7M | 508.6M | 552.5M | 635.4M | 667.1M | |
| Non Currrent Assets Other | 4.3M | 4.1M | (8.0M) | 39.3M | 45.2M | 47.5M | |
| Cash And Short Term Investments | 22.7M | 82.1M | 51.0M | 24.9M | 28.6M | 25.0M | |
| Net Receivables | 585.1M | 620.7M | 791.4M | 954.8M | 1.1B | 1.2B | |
| Common Stock Shares Outstanding | 16.9M | 17.2M | 17.0M | 16.8M | 15.2M | 15.7M | |
| Liabilities And Stockholders Equity | 995.9M | 1.1B | 1.4B | 1.6B | 1.8B | 1.9B | |
| Non Current Liabilities Total | 123.2M | 103.4M | 171.7M | 214.1M | 246.3M | 258.6M | |
| Other Current Assets | 28.9M | 45.6M | 47.8M | 46.5M | 53.5M | 56.2M | |
| Other Stockholder Equity | 158.6M | 163.8M | 161.4M | 162.4M | 186.7M | 129.8M | |
| Total Liab | 566.6M | 602.0M | 838.7M | 927.5M | 1.1B | 1.1B | |
| Property Plant And Equipment Gross | 207.4M | 539.2M | 615.5M | 684.5M | 787.1M | 826.5M | |
| Total Current Assets | 636.7M | 748.4M | 890.3M | 1.0B | 1.2B | 1.2B | |
| Accumulated Other Comprehensive Income | 23K | 173K | (6.3M) | (3.9M) | (4.5M) | (4.7M) | |
| Short Term Debt | 18.2M | 16.6M | 26.8M | 18.3M | 21.1M | 15.0M | |
| Accounts Payable | 162.6M | 200.7M | 315.3M | 359.4M | 413.3M | 433.9M | |
| Intangible Assets | 51.4M | 49.1M | 87.6M | 83.5M | 96.0M | 100.8M | |
| Common Stock | 165K | 166K | 167K | 168K | 150.3K | 149.9K | |
| Other Liab | 72.3M | 82.4M | 86.7M | 113.1M | 130.0M | 136.5M | |
| Other Assets | 56.6M | 36.5M | 37.7M | 33.8M | 38.9M | 40.8M | |
| Property Plant Equipment | 185.3M | 207.4M | 217.1M | 263.7M | 303.3M | 154.9M | |
| Long Term Debt | 25.0M | 3.5M | 35.5M | 29.2M | 33.6M | 38.5M | |
| Net Tangible Assets | 243.5M | 311.9M | 404.0M | 356.8M | 410.3M | 285.6M | |
| Current Deferred Revenue | 158.4M | 167.9M | 227.1M | 240.4M | 276.5M | 290.3M | |
| Deferred Long Term Liab | 600K | 1.4M | 1.1M | 500K | 450K | 427.5K | |
| Non Current Liabilities Other | 18.6M | 11.3M | 16.0M | 25.0M | 28.8M | 30.2M | |
| Short Long Term Debt | 4.4M | 1.0M | 5.1M | 7.1M | 6.3M | 6.0M |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 | Quarterly Revenue Growth (0.06) | Return On Assets |
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.