MYR Short Term Debt vs Capital Stock Analysis

MYRG Stock

USD 151.05 3.19 2.16%

MYR financial indicator trend analysis is infinitely more than just investigating MYR Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYR Group is a good investment. Please check the relationship between MYR Short Term Debt and its Capital Stock accounts. 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.

Short Term Debt vs Capital Stock

Short Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYR Group Short Term Debt account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between MYR's Short Term Debt and Capital Stock is -0.13. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of MYR Group, assuming nothing else is changed. The correlation between historical values of MYR's Short Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of MYR Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Debt i.e., MYR's Short Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from MYR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Multiple is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Interest Expense	1.8M	3.6M	4.9M	5.2M
Depreciation And Amortization	46.2M	58.2M	59.1M	62.1M

Interest Expense Depreciation And Amortization

MYR fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.34	0.87	0.99	0.97	0.98	0.35	0.98	0.08	1.0	0.11	0.08	0.99	-0.73	0.85	0.45	0.75	-0.11	0.99	0.94	1.0	-0.11	0.98	0.97	-0.02	0.02
Short Long Term Debt Total	0.34		0.34	0.26	0.26	0.38	0.73	0.21	-0.27	0.37	0.11	-0.27	0.39	-0.43	0.66	-0.14	-0.19	0.03	0.38	0.1	0.33	0.03	0.29	0.33	0.14	0.15
Other Current Liab	0.87	0.34		0.85	0.82	0.83	0.49	0.84	-0.06	0.85	0.21	-0.06	0.9	-0.9	0.85	0.47	0.59	-0.36	0.88	0.79	0.88	-0.44	0.83	0.84	-0.24	-0.21
Total Current Liabilities	0.99	0.26	0.85		0.96	0.96	0.3	0.98	0.09	0.99	0.06	0.09	0.98	-0.7	0.81	0.47	0.79	-0.14	0.99	0.96	0.99	-0.1	0.99	0.98	-0.06	-0.02
Total Stockholder Equity	0.97	0.26	0.82	0.96		0.98	0.17	0.98	0.24	0.98	0.12	0.24	0.95	-0.63	0.73	0.5	0.74	0.04	0.94	0.94	0.97	0.02	0.94	0.9	0.13	0.17
Property Plant And Equipment Net	0.98	0.38	0.83	0.96	0.98		0.29	0.95	0.15	0.99	0.14	0.15	0.96	-0.67	0.79	0.48	0.7	0.03	0.95	0.9	0.97	-0.01	0.94	0.91	0.16	0.2
Net Debt	0.35	0.73	0.49	0.3	0.17	0.29		0.19	-0.74	0.35	0.2	-0.74	0.44	-0.72	0.77	-0.16	0.02	-0.52	0.44	0.12	0.35	-0.54	0.37	0.4	-0.36	-0.35
Retained Earnings	0.98	0.21	0.84	0.98	0.98	0.95	0.19		0.18	0.97	0.1	0.18	0.96	-0.65	0.75	0.52	0.75	-0.11	0.95	0.97	0.98	-0.06	0.96	0.94	-0.05	-0.01
Cash	0.08	-0.27	-0.06	0.09	0.24	0.15	-0.74	0.18		0.09	-0.24	1.0	-0.02	0.35	-0.3	0.24	0.21	0.64	-0.01	0.22	0.08	0.51	0.0	0.01	0.5	0.49
Non Current Assets Total	1.0	0.37	0.85	0.99	0.98	0.99	0.35	0.97	0.09		0.07	0.09	0.98	-0.71	0.84	0.44	0.74	-0.07	0.98	0.93	0.99	-0.07	0.98	0.96	0.05	0.09
Non Currrent Assets Other	0.11	0.11	0.21	0.06	0.12	0.14	0.2	0.1	-0.24	0.07		-0.24	0.14	-0.22	0.19	-0.05	-0.04	-0.07	0.09	0.0	0.11	-0.19	0.05	-0.04	-0.02	0.02
Cash And Short Term Investments	0.08	-0.27	-0.06	0.09	0.24	0.15	-0.74	0.18	1.0	0.09	-0.24		-0.02	0.35	-0.3	0.24	0.21	0.64	-0.01	0.22	0.08	0.51	0.0	0.01	0.5	0.49
Net Receivables	0.99	0.39	0.9	0.98	0.95	0.96	0.44	0.96	-0.02	0.98	0.14	-0.02		-0.8	0.89	0.42	0.7	-0.2	0.99	0.92	0.99	-0.17	0.97	0.97	-0.1	-0.06
Common Stock Shares Outstanding	-0.73	-0.43	-0.9	-0.7	-0.63	-0.67	-0.72	-0.65	0.35	-0.71	-0.22	0.35	-0.8		-0.88	-0.21	-0.44	0.5	-0.78	-0.59	-0.75	0.59	-0.71	-0.72	0.33	0.31
Non Current Liabilities Total	0.85	0.66	0.85	0.81	0.73	0.79	0.77	0.75	-0.3	0.84	0.19	-0.3	0.89	-0.88		0.16	0.48	-0.33	0.89	0.69	0.85	-0.37	0.84	0.85	-0.23	-0.19
Inventory	0.45	-0.14	0.47	0.47	0.5	0.48	-0.16	0.52	0.24	0.44	-0.05	0.24	0.42	-0.21	0.16		0.37	-0.19	0.41	0.6	0.44	-0.04	0.45	0.37	-0.07	-0.04
Other Current Assets	0.75	-0.19	0.59	0.79	0.74	0.7	0.02	0.75	0.21	0.74	-0.04	0.21	0.7	-0.44	0.48	0.37		-0.1	0.74	0.81	0.75	-0.22	0.79	0.76	-0.02	0.01
Other Stockholder Equity	-0.11	0.03	-0.36	-0.14	0.04	0.03	-0.52	-0.11	0.64	-0.07	-0.07	0.64	-0.2	0.5	-0.33	-0.19	-0.1		-0.19	-0.13	-0.13	0.75	-0.17	-0.22	0.88	0.88
Total Liab	0.99	0.38	0.88	0.99	0.94	0.95	0.44	0.95	-0.01	0.98	0.09	-0.01	0.99	-0.78	0.89	0.41	0.74	-0.19		0.92	0.99	-0.18	0.99	0.98	-0.11	-0.07
Property Plant And Equipment Gross	0.94	0.1	0.79	0.96	0.94	0.9	0.12	0.97	0.22	0.93	0.0	0.22	0.92	-0.59	0.69	0.6	0.81	-0.13	0.92		0.94	-0.07	0.95	0.91	-0.08	-0.04
Total Current Assets	1.0	0.33	0.88	0.99	0.97	0.97	0.35	0.98	0.08	0.99	0.11	0.08	0.99	-0.75	0.85	0.44	0.75	-0.13	0.99	0.94		-0.12	0.98	0.97	-0.05	-0.01
Short Term Debt	-0.11	0.03	-0.44	-0.1	0.02	-0.01	-0.54	-0.06	0.51	-0.07	-0.19	0.51	-0.17	0.59	-0.37	-0.04	-0.22	0.75	-0.18	-0.07	-0.12		-0.15	-0.15	0.65	0.65
Accounts Payable	0.98	0.29	0.83	0.99	0.94	0.94	0.37	0.96	0.0	0.98	0.05	0.0	0.97	-0.71	0.84	0.45	0.79	-0.17	0.99	0.95	0.98	-0.15		0.97	-0.08	-0.04
Intangible Assets	0.97	0.33	0.84	0.98	0.9	0.91	0.4	0.94	0.01	0.96	-0.04	0.01	0.97	-0.72	0.85	0.37	0.76	-0.22	0.98	0.91	0.97	-0.15	0.97		-0.15	-0.12
Common Stock Total Equity	-0.02	0.14	-0.24	-0.06	0.13	0.16	-0.36	-0.05	0.5	0.05	-0.02	0.5	-0.1	0.33	-0.23	-0.07	-0.02	0.88	-0.11	-0.08	-0.05	0.65	-0.08	-0.15		0.99
Common Stock	0.02	0.15	-0.21	-0.02	0.17	0.2	-0.35	-0.01	0.49	0.09	0.02	0.49	-0.06	0.31	-0.19	-0.04	0.01	0.88	-0.07	-0.04	-0.01	0.65	-0.04	-0.12	0.99

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MYR Account Relationship Matchups

MYR fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	995.9M	1.1B	1.4B	1.6B	1.7B
Short Long Term Debt Total	190.4M	52.1M	25.5M	74.5M	73.6M	77.3M
Other Current Liab	83.1M	86.1M	106.7M	91.3M	115.0M	120.7M
Total Current Liabilities	396.8M	443.4M	498.6M	667.0M	747.2M	784.6M
Total Stockholder Equity	364.5M	429.3M	519.1M	560.2M	651.2M	683.8M
Property Plant And Equipment Net	208.3M	207.4M	217.1M	263.7M	304.0M	319.2M
Net Debt	178.0M	29.4M	(56.6M)	23.5M	48.7M	51.1M
Retained Earnings	212.2M	270.5M	355.0M	404.9M	492.5M	517.2M
Cash	12.4M	22.7M	82.1M	51.0M	24.9M	25.0M
Non Current Assets Total	368.7M	359.2M	372.7M	508.6M	552.5M	580.1M
Non Currrent Assets Other	3.7M	4.3M	4.1M	(8.0M)	5.6M	5.9M
Cash And Short Term Investments	12.4M	22.7M	82.1M	51.0M	24.9M	25.0M
Net Receivables	614.0M	585.1M	620.7M	791.4M	954.8M	1.0B
Common Stock Shares Outstanding	16.7M	16.9M	17.2M	17.0M	16.8M	15.7M
Liabilities And Stockholders Equity	1.0B	995.9M	1.1B	1.4B	1.6B	1.7B
Non Current Liabilities Total	246.6M	123.2M	103.4M	171.7M	214.1M	224.9M
Other Current Assets	12.8M	28.9M	45.6M	47.8M	46.5M	48.9M
Other Stockholder Equity	152.5M	158.6M	163.8M	161.4M	162.4M	129.8M
Total Liab	643.4M	566.6M	602.0M	838.7M	961.3M	1.0B
Property Plant And Equipment Gross	208.3M	207.4M	539.2M	615.5M	684.5M	718.7M
Total Current Assets	639.2M	636.7M	748.4M	890.3M	1.0B	1.1B
Accumulated Other Comprehensive Income	(446K)	23K	173K	(6.3M)	(3.9M)	(4.1M)
Short Term Debt	16.1M	18.2M	16.6M	26.8M	18.3M	15.0M
Accounts Payable	192.1M	162.6M	200.7M	315.3M	359.4M	377.3M
Intangible Assets	54.9M	51.4M	49.1M	87.6M	83.5M	87.7M
Common Stock Total Equity	163K	165K	166K	167K	150.3K	152.8K
Common Stock	163K	165K	166K	167K	168K	149.9K
Good Will	56.6M	66.1M	66.1M	115.8M	117.0M	62.5M
Other Liab	72.3M	82.4M	86.7M	113.1M	130.0M	136.5M
Other Assets	34.7M	56.6M	36.5M	37.7M	33.8M	35.5M
Property Plant Equipment	185.3M	207.4M	217.1M	263.7M	303.3M	154.9M
Long Term Debt	157.1M	25.0M	3.5M	35.5M	29.2M	38.5M
Net Tangible Assets	243.5M	311.9M	404.0M	356.8M	410.3M	285.6M
Current Deferred Revenue	105.5M	158.4M	167.9M	227.1M	240.4M	252.4M
Deferred Long Term Liab	600K	1.4M	1.1M	500K	450K	427.5K
Non Current Liabilities Other	3.3M	18.6M	11.3M	16.0M	25.0M	26.3M
Short Long Term Debt	8.7M	4.4M	1.0M	5.1M	7.1M	6.7M

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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:

How To Invest In MYR

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Is MYR Stock a good investment?

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What is MYR's Net Worth?

Details

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

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MYR Short Term Debt vs Capital Stock Analysis

Short Term Debt vs Capital Stock

Short Term Debt vs Capital Stock Correlation Analysis

Correlation Coefficient

Short Term Debt

Capital Stock

MYR fundamental ratios Correlations

MYR Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MYR fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.9	Other Current Liab
Non Current Liabilities Total	- 0.88	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.8	Net Receivables
Total Liab	- 0.78	Common Stock Shares Outstanding
Total Current Assets	- 0.75	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.74	Net Debt