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. Check Myers Industries Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. See MYE equity to assets ratio to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see MYE stock market capitalisation.
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 |
|---|---|---|
|
Packaging Corp of America
NYSE:PKG |
Packaging & Containers | 100.00% |
|
Ardagh Metal Packaging SA
NYSE:AMBP |
Packaging & Containers | 1.94% |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522 |
Packaging & Containers | 6.16% |
|
Shanghai Zijiang Enterprise Group Co Ltd
SHG:600210 |
Packaging & Containers | 1.02% |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659 |
Packaging & Containers | -15.65% |
|
Nampak
JSE:NPK |
Packaging & Containers | 0.23% |
|
Berlina Tbk
JK:BRNA |
Packaging & Containers | 0.68% |
|
Worth Peripherals Limited
NSE:WORTHPERI |
Packaging & Containers | 11.16% |
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