MYR Other Current Liab from 2010 to 2024

MYRG Stock  USD 157.77  1.00  0.63%   
MYR's Other Current Liabilities is increasing over the last several years with slightly volatile swings. Other Current Liabilities is estimated to finish at about 120.7 M this year. During the period from 2010 to 2024 MYR Group Other Current Liabilities regressed destribution of quarterly values had coefficient of variationof  70.17 and r-value of  0.95. View All Fundamentals
 
Other Current Liabilities  
First Reported
1985-12-31
Previous Quarter
100.7 M
Current Value
147 M
Quarterly Volatility
35.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.1 M, Interest Expense of 5.2 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.17 or PTB Ratio of 3.52. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
  
Check out the analysis of MYR Correlation against competitors.

Latest MYR's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of MYR Group over the last few years. It is MYR's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYR's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

MYR Other Current Liab Regression Statistics

Arithmetic Mean60,444,997
Geometric Mean38,966,036
Coefficient Of Variation70.17
Mean Deviation38,032,930
Median80,991,000
Standard Deviation42,412,213
Sample Variance1798.8T
Range115.8M
R-Value0.95
Mean Square Error190.4T
R-Squared0.90
Slope9,005,520
Total Sum of Squares25183.1T

MYR Other Current Liab History

2024120.7 M
2023115 M
202291.3 M
2021106.7 M
202086.1 M
201983.1 M
201881 M

About MYR Financial Statements

MYR stakeholders use historical fundamental indicators, such as MYR's Other Current Liab, to determine how well the company is positioned to perform in the future. Although MYR investors may analyze each financial statement separately, they are all interrelated. For example, changes in MYR's assets and liabilities are reflected in the revenues and expenses on MYR's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MYR Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities115 M120.7 M

Currently Active Assets on Macroaxis

When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out the analysis of MYR Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
2.29
Revenue Per Share
212.925
Quarterly Revenue Growth
(0.06)
Return On Assets
0.022
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.