Myers Industries Inc

NYSE:MYE USA Packaging & Containers
Market Cap
$791.55 Million
Market Cap Rank
#8352 Global
#4232 in USA
Share Price
$21.16
Change (1 day)
+1.68%
52-Week Range
$9.13 - $22.79
All Time High
$24.47
About

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consum… Read more

Myers Industries Inc - Asset Resilience Ratio

Latest as of June 2024: 0.08%

Myers Industries Inc (MYE) has an Asset Resilience Ratio of 0.08% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$800.00K
Cash + Short-term Investments
Total Assets
$951.63 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2017)

This chart shows how Myers Industries Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Myers Industries Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $800.00K 0.08%
Total Liquid Assets $800.00K 0.08%

Asset Resilience Insights

  • Limited Liquidity: Myers Industries Inc maintains only 0.08% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Myers Industries Inc Industry Peers by Asset Resilience Ratio

Compare Myers Industries Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
SAMRYOONG Co.Ltd
KQ:014970
Packaging & Containers 1.62%
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
Packaging & Containers -15.65%
Shin Hwa Silup
KO:001770
Packaging & Containers 0.02%
Huangshan Novel Co Ltd
SHE:002014
Packaging & Containers 23.25%
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
Packaging & Containers 0.25%
Export Packing
KO:002200
Packaging & Containers 17.00%
Shenzhen Beauty Star Co Ltd
SHE:002243
Packaging & Containers 2.22%
Zhejiang Great Southeast Co Ltd
SHE:002263
Packaging & Containers 31.29%

Annual Asset Resilience Ratio for Myers Industries Inc (2011–2017)

The table below shows the annual Asset Resilience Ratio data for Myers Industries Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2017-12-31 2.43% $8.66 Million $355.94 Million +0.17pp
2016-12-31 2.26% $8.63 Million $381.68 Million +0.26pp
2015-12-31 2.01% $8.63 Million $430.10 Million --
2014-12-31 0.00% $0.00 $568.01 Million --
2013-12-31 0.00% $0.00 $469.46 Million --
2012-12-31 0.00% $0.00 $484.86 Million --
2011-12-31 0.00% $0.00 $428.76 Million --
pp = percentage points