Myers Industries Balance Sheet Health
Financial Health criteria checks 1/6
Myers Industries has a total shareholder equity of $275.6M and total debt of $395.8M, which brings its debt-to-equity ratio to 143.6%. Its total assets and total liabilities are $905.0M and $629.4M respectively. Myers Industries's EBIT is $62.9M making its interest coverage ratio 2.6. It has cash and short-term investments of $29.7M.
Key information
143.6%
Debt to equity ratio
US$395.78m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$29.71m |
| Equity | US$275.64m |
| Total liabilities | US$629.36m |
| Total assets | US$905.00m |
Recent financial health updates
No updates
Recent updates
Myers Industries (NYSE:MYE) Will Pay A Dividend Of $0.135
Oct 31
Myers Industries And Its Real Value
Oct 10Is It Time To Consider Buying Myers Industries, Inc. (NYSE:MYE)?
Oct 04Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Sep 08Myers Industries' (NYSE:MYE) Dividend Will Be $0.135
Jun 16Take Care Before Jumping Onto Myers Industries, Inc. (NYSE:MYE) Even Though It's 26% Cheaper
May 14Myers Industries, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 10Shareholders Will Most Likely Find Myers Industries, Inc.'s (NYSE:MYE) CEO Compensation Acceptable
Apr 19This Analyst Just Wrote A Brand New Outlook For Myers Industries, Inc.'s (NYSE:MYE) Business
Mar 10Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Mar 05Myers Industries: Buying Growth
Jan 03Returns At Myers Industries (NYSE:MYE) Are On The Way Up
Dec 15Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 13Some Myers Industries, Inc. (NYSE:MYE) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 08Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135
Oct 30Myers Industries: Compressed Multiples Disconnect From Economic Performance, Rate Buy
Sep 13Myers Industries (NYSE:MYE) Has Affirmed Its Dividend Of $0.135
Sep 08Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Jun 08Myers Industries (NYSE:MYE) Is Due To Pay A Dividend Of $0.135
Mar 06Myers Industries: Strong Trends And Upside Potential
Feb 06Myers Industries, Inc. (NYSE:MYE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 12Myers Industries (NYSE:MYE) Is Paying Out A Dividend Of $0.135
Nov 20Myers Industries (NYSE:MYE) Has Announced A Dividend Of $0.135
Oct 30We Ran A Stock Scan For Earnings Growth And Myers Industries (NYSE:MYE) Passed With Ease
Oct 28Myers Non-GAAP EPS of $0.41 beats by $0.08, revenue of $228.1M beats by $3.3M
Oct 27Myers declares $0.135 dividend
Oct 20Financial Position Analysis
Short Term Liabilities: MYE's short term assets ($275.2M) exceed its short term liabilities ($153.3M).
Long Term Liabilities: MYE's short term assets ($275.2M) do not cover its long term liabilities ($476.0M).
Debt to Equity History and Analysis
Debt Level: MYE's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: MYE's debt to equity ratio has increased from 47.1% to 143.6% over the past 5 years.
Debt Coverage: MYE's debt is not well covered by operating cash flow (17%).
Interest Coverage: MYE's interest payments on its debt are not well covered by EBIT (2.6x coverage).