MYR Group Balance Sheet Health
Financial Health criteria checks 6/6
MYR Group has a total shareholder equity of $663.7M and total debt of $37.9M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $1.6B and $919.8M respectively. MYR Group's EBIT is $121.5M making its interest coverage ratio 25.9. It has cash and short-term investments of $3.9M.
Key information
5.7%
Debt to equity ratio
US$37.93m
Debt
Interest coverage ratio | 25.9x |
Cash | US$3.91m |
Equity | US$663.72m |
Total liabilities | US$919.77m |
Total assets | US$1.58b |
Recent financial health updates
Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Feb 10Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly
Oct 23These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
May 10MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet
Feb 06Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Oct 12These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
Jan 18Recent updates
Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance
May 08When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?
May 03It Looks Like Shareholders Would Probably Approve MYR Group Inc.'s (NASDAQ:MYRG) CEO Compensation Package
Apr 19Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
Apr 11MYR Group: Demand Tailwinds And EPS Growth
Apr 01MYR Group's (NASDAQ:MYRG) Returns On Capital Are Heading Higher
Mar 26Earnings Update: Here's Why Analysts Just Lifted Their MYR Group Inc. (NASDAQ:MYRG) Price Target To US$171
Mar 02Here's Why We Think MYR Group (NASDAQ:MYRG) Might Deserve Your Attention Today
Feb 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Feb 10Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jan 29Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 44% Discount?
Jan 04The Price Is Right For MYR Group Inc. (NASDAQ:MYRG)
Dec 18Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?
Nov 20Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly
Oct 23MYR Group (NASDAQ:MYRG) Is Experiencing Growth In Returns On Capital
Sep 25Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jul 12MYR Group (NASDAQ:MYRG) Is Doing The Right Things To Multiply Its Share Price
Jun 07Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
May 25These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
May 10Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$119?
Mar 16Returns On Capital Are Showing Encouraging Signs At MYR Group (NASDAQ:MYRG)
Feb 24MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet
Feb 06Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Nov 30There's Been No Shortage Of Growth Recently For MYR Group's (NASDAQ:MYRG) Returns On Capital
Nov 12Should You Be Adding MYR Group (NASDAQ:MYRG) To Your Watchlist Today?
Oct 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Oct 12MYR Group: Best Near-Term Electrical Infrastructure Cap-Gain Wealth-Builder
Sep 28Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 46% Discount?
Sep 25Should You Think About Buying MYR Group Inc. (NASDAQ:MYRG) Now?
Aug 31The Return Trends At MYR Group (NASDAQ:MYRG) Look Promising
Aug 02MYR GAAP EPS of $1.15 in-line, revenue of $708.1M beats by $26.95M
Jul 27With EPS Growth And More, MYR Group (NASDAQ:MYRG) Makes An Interesting Case
Jun 28Is MYR Group Inc. (NASDAQ:MYRG) Potentially Undervalued?
May 25MYR Group: Best Infrastructure Contractor Seen By Market-Makers
May 17Are Investors Undervaluing MYR Group Inc. (NASDAQ:MYRG) By 41%?
May 10MYR Group (NASDAQ:MYRG) Might Have The Makings Of A Multi-Bagger
Apr 29Here's Why I Think MYR Group (NASDAQ:MYRG) Is An Interesting Stock
Mar 23MYR Group: Here Identifying Likely Near-Term Capital Gains Seen By Institutions, Market-Makers
Feb 27Is It Time To Consider Buying MYR Group Inc. (NASDAQ:MYRG)?
Feb 02These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
Jan 18Is MYR Group Inc. (NASDAQ:MYRG) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 06Financial Position Analysis
Short Term Liabilities: MYRG's short term assets ($1.0B) exceed its short term liabilities ($732.4M).
Long Term Liabilities: MYRG's short term assets ($1.0B) exceed its long term liabilities ($187.4M).
Debt to Equity History and Analysis
Debt Level: MYRG's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: MYRG's debt to equity ratio has reduced from 33.2% to 5.7% over the past 5 years.
Debt Coverage: MYRG's debt is well covered by operating cash flow (109.5%).
Interest Coverage: MYRG's interest payments on its debt are well covered by EBIT (25.9x coverage).