Myers Industries Inc Asset Resilience Ratio

Latest as of June 2024: 0.08%

Myers Industries Inc asset resilience ratio. 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. See MYE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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 of Myers Industries Inc (2011–2017)

Asset resilience ratio of Myers Industries Inc from 2011 to 2017. This chart shows how Myers Industries Inc's Asset Resilience Ratio has changed over time. Read Myers Industries Inc balance sheet liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see MYE total assets.

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
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
Packaging & Containers 0.52%
Zhejiang Jinsheng New Materials Co
SHE:300849
Packaging & Containers 0.97%
Shanghai Ailu Package Co. Ltd.
SHE:301062
Packaging & Containers 0.17%
Export Packing
KO:002200
Packaging & Containers 17.00%
Tailim Packaging Co Ltd
KO:011280
Packaging & Containers 1.16%
Bowler Metcalf Ltd
JSE:BCF
Packaging & Containers 0.91%
Kumbi Corporation
KO:008870
Packaging & Containers 0.41%
NEP Realty and Industry Public Company Limited
BK:NEP
Packaging & Containers 0.84%

Myers Industries Inc Asset Resilience Ratio by Year (2011–2017)

Myers Industries Inc asset resilience ratio by year from 2011 to 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

About Myers Industries Inc

NYSE:MYE USA Packaging & Containers
Market Cap
$1.01 Billion
Market Cap Rank
#8528 Global
#2477 in USA
Share Price
$26.95
Change (1 day)
+0.56%
52-Week Range
$16.73 - $36.74
All Time High
$36.74
About

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company operates through two segments, The Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets plastic, metal and rubber products, including plastic reusable containers, pallets, small parts bins, bulk shipping containers, OEM parts, storage and organization, custo… Read more