Myers Historical Cash Flow
| MYE Stock | USD 11.08 0.35 3.06% |
Analysis of Myers Industries cash flow over time is an excellent tool to project Myers Industries future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 1 M or Capital Expenditures of 19.7 M as it is a great indicator of Myers Industries ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Myers Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Myers Industries is a good buy for the upcoming year.
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About Myers Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Myers balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Myers's non-liquid assets can be easily converted into cash.
Myers Industries Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Myers Industries' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Myers Industries current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.At present, Myers Industries' Free Cash Flow is projected to increase significantly based on the last few years of reporting. The current year's Depreciation is expected to grow to about 26.6 M, whereas Capital Expenditures is forecasted to decline to about 19.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation | 20.9M | 21.2M | 22.8M | 26.6M | Free Cash Flow | 27.0M | 48.3M | 63.3M | 66.5M |
Myers Industries cash flow statement Correlations
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Myers Industries Account Relationship Matchups
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Myers Industries cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 16.6M | (47.2M) | (10.6M) | 5.5M | 7.2M | 7.5M | |
| Free Cash Flow | 44.0M | 33.1M | 27.0M | 48.3M | 63.3M | 66.5M | |
| Depreciation | 23.6M | 20.9M | 20.9M | 21.2M | 22.8M | 26.6M | |
| Other Non Cash Items | 8.3M | (10.5M) | (2.8M) | 1.3M | 1.1M | 1.0M | |
| Capital Expenditures | 10.3M | 13.4M | 17.9M | 24.3M | 22.9M | 19.7M | |
| Total Cash From Operating Activities | 54.3M | 46.5M | 44.9M | 72.6M | 86.2M | 51.9M | |
| Net Income | 24.3M | 36.8M | 33.5M | 60.3M | 48.9M | 51.3M | |
| End Period Cash Flow | 75.5M | 28.3M | 17.7M | 23.1M | 30.3M | 31.8M | |
| Change In Working Capital | (2.7M) | (13.0M) | (12.7M) | (19.7M) | 5.7M | 6.0M | |
| Begin Period Cash Flow | 58.9M | 75.5M | 28.3M | 17.7M | 23.1M | 12.8M | |
| Change To Inventory | 2.2M | (7.9M) | (24.9M) | 8.0M | 2.6M | 2.8M | |
| Other Cashflows From Financing Activities | 1.0M | 623K | 51.9M | 1.3B | (2.1M) | (2.0M) | |
| Total Cash From Financing Activities | (17.0M) | (18.3M) | (5.2M) | (16.3M) | (56.5M) | (53.7M) | |
| Stock Based Compensation | 1.7M | 3.5M | 3.2M | 7.4M | 6.7M | 5.9M | |
| Sale Purchase Of Stock | (1.0M) | (623K) | (888K) | 2.3M | (2.1M) | (2.2M) | |
| Dividends Paid | 19.3M | 19.4M | 19.6M | 19.8M | (20.2M) | (19.2M) | |
| Other Cashflows From Investing Activities | (10.5M) | (63.3M) | (32.4M) | (26.1M) | 258K | 270.9K | |
| Change To Liabilities | (17.1M) | 7.5M | 28.1M | (2.6M) | (2.3M) | (2.2M) | |
| Change To Account Receivables | 12.5M | (11.6M) | (15.3M) | (23.6M) | 2.7M | 1.4M | |
| Total Cashflows From Investing Activities | (20.8M) | (75.6M) | (50.3M) | (50.4M) | (45.3M) | (47.6M) | |
| Change Receivables | 12.5M | (11.6M) | (15.3M) | (23.6M) | (21.3M) | (20.2M) | |
| Cash And Cash Equivalents Changes | 16.6M | (47.4M) | (10.6M) | 5.9M | 5.3M | 5.6M | |
| Cash Flows Other Operating | 23.6M | 35.8M | 32.9M | (1.4M) | (1.6M) | (1.5M) | |
| Change To Netincome | 9.6M | 1.8M | 3.2M | 10.4M | 11.9M | 12.5M | |
| Change To Operating Activities | (243K) | (969K) | (676K) | (1.4M) | (1.3M) | (1.2M) | |
| Investments | (20.8M) | 1.2M | (50.3M) | (50.4M) | (22.8M) | (23.9M) | |
| Issuance Of Capital Stock | 3.3M | 1.7M | 3.8M | 2.3M | 2.3M | 2.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' 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 Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Metal, Glass & Plastic Containers 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 Myers Industries. If investors know Myers 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 Myers Industries 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 (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share 22.234 | Quarterly Revenue Growth 0.037 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' 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 Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' 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 Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' 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.