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 Myers Industries Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2017)
This chart shows how Myers Industries Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Myers Industries Inc.
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. Explore long-term investment intensity of Myers Industries Inc to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Taiwan Hon Chuan Enterprise Co Ltd
TW:9939 |
Packaging & Containers | 3.07% |
|
Metsa Board Oyj B
HE:METSB |
Packaging & Containers | 7.65% |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522 |
Packaging & Containers | 6.16% |
|
Guangdong New Grand Long Packing Co Ltd
SHE:002836 |
Packaging & Containers | 23.15% |
|
Shandong Xinjufeng Technology Packaging Co. Ltd. A
SHE:301296 |
Packaging & Containers | 3.30% |
|
SAMRYOONG Co.Ltd
KQ:014970 |
Packaging & Containers | 1.62% |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607 |
Packaging & Containers | 40.41% |
|
Multibax Public Company Limited
BK:MBAX |
Packaging & Containers | 0.08% |
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 | -- |
About Myers Industries Inc
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