MYR Historical Cash Flow
| MYRG Stock | USD 151.05 3.19 2.16% |
Analysis of MYR cash flow over time is an excellent tool to project MYR Group future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 89 M or Total Cash From Operating Activities of 44.2 M as it is a great indicator of MYR ability to facilitate future growth, repay debt on time or pay out dividends.
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 Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in MYR balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which MYR's non-liquid assets can be easily converted into cash.
MYR Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Depreciation
Depreciation indicates how much of MYR Group value has been used up. For tax purposes MYR can deduct the cost of the tangible assets it purchases as business expenses. However, MYR Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Capital Expenditures
Capital Expenditures are funds used by MYR Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MYR operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MYR Group financial statement analysis. It represents the amount of money remaining after all of MYR Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.Most accounts from MYR's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Capital Expenditures is most likely to increase significantly in the upcoming years. The MYR's current Net Income is estimated to increase to about 95.5 M, while Free Cash Flow is forecasted to increase to (13 M).
MYR cash flow statement Correlations
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MYR Account Relationship Matchups
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MYR cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 4.9M | 10.3M | 59.4M | (31.1M) | (26.1M) | (24.8M) | |
| Free Cash Flow | 7.1M | 130.8M | 84.9M | 90.4M | (13.7M) | (13.0M) | |
| Change In Working Capital | (21.3M) | 67.8M | (6.6M) | 8.5M | (85.4M) | (81.2M) | |
| Begin Period Cash Flow | 7.5M | 12.4M | 22.7M | 82.1M | 51.0M | 26.3M | |
| Other Cashflows From Financing Activities | (697K) | 14.0M | (2.8M) | (6.8M) | (10.0M) | (9.5M) | |
| Depreciation | 44.5M | 46.5M | 46.2M | 58.2M | 59.1M | 62.1M | |
| Other Non Cash Items | (2.5M) | (862K) | (1.2M) | (84K) | (4.1M) | (3.9M) | |
| Capital Expenditures | 57.8M | 44.4M | 52.4M | 77.1M | 84.7M | 89.0M | |
| Total Cash From Operating Activities | 64.9M | 175.2M | 137.2M | 167.5M | 71.0M | 44.2M | |
| Change To Account Receivables | (39.7M) | 2.9M | 10.7M | (86.9M) | (166.2M) | (157.9M) | |
| Net Income | 36.2M | 58.8M | 85.0M | 83.4M | 91.0M | 95.5M | |
| Total Cash From Financing Activities | 73.4M | (124.3M) | (28.1M) | (9.3M) | (18.4M) | (17.4M) | |
| End Period Cash Flow | 12.4M | 22.7M | 82.1M | 51.0M | 24.9M | 26.5M | |
| Sale Purchase Of Stock | (778K) | (652K) | (3.4M) | (37.0M) | (10.8M) | (11.3M) | |
| Change To Inventory | (16.3M) | (32.3M) | 55.0M | (61.1M) | (55.0M) | (52.3M) | |
| Stock Based Compensation | 4.4M | 5.7M | 7.5M | 7.9M | 8.4M | 8.8M | |
| Change To Liabilities | 26.6M | 9.8M | 43.9M | 167.0M | 192.1M | 201.7M | |
| Net Borrowings | 74.9M | (137.6M) | (25.3M) | 34.5M | 31.0M | 32.6M | |
| Total Cashflows From Investing Activities | (133.5M) | (40.9M) | (49.3M) | (185.7M) | (167.2M) | (158.8M) | |
| Change To Netincome | 5.5M | 2.2M | 12.6M | 17.4M | 20.0M | 21.0M | |
| Change To Operating Activities | (15.8M) | 23.7M | (21.9M) | (7.1M) | (6.4M) | (6.1M) | |
| Investments | (133.5M) | (40.9M) | (49.3M) | (185.7M) | (88.0M) | (92.4M) |
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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.