Myers Industries, Inc. (MYE) financial statements (2021 and earlier)

Company profile

Business Address 1293 S MAIN ST
AKRON, OH 44301
State of Incorp. OH
Fiscal Year End December 31
SIC 3089 - Plastics Products, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2876593875
Cash and cash equivalents2876593875
Restricted cash and investments   999 
Receivables84627377747891
Inventory, net of allowances, customer advances and progress billings66444447465563
Inventory66444447465563
Prepaid expense      7
Disposal group, including discontinued operation      118
Other undisclosed current assets63715562
Total current assets:184185183150141154285
Noncurrent Assets
Operating lease, right-of-use asset186
Property, plant and equipment74556584  137
Long-term investments and receivables   191818 
Accounts and financing receivable, after allowance for credit loss   191818 
Intangible assets, net (including goodwill)120988999107123139
Goodwill79675960596467
Intangible assets, net (excluding goodwill)41313039485972
Regulated entity, other noncurrent assets 1    1
Deferred income tax assets0 
Other noncurrent assets4464334
Deferred tax assets, net5001 
Other undisclosed noncurrent assets 5    (137)
Total noncurrent assets:216168166206129145143
Other undisclosed assets    111131137
TOTAL ASSETS:400353349356382430565
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9881979979117131
Accounts payable61476164497177
Accrued liabilities18181715132326
Employee-related liabilities14121716121815
Taxes payable3112225
Interest and dividends payable2222337
Debt402     
Customer advances and deposits   11
Other liabilities      26
Other undisclosed current liabilities4     (14)
Total current liabilities:14283979979117154
Noncurrent Liabilities
Long-term debt and lease obligation518177151190193 
Long-term debt, excluding current maturities387777151190193 
Operating lease, liability144
Liabilities, other than long-term debt17232013202228
Deferred tax liabilities, net 4111014
Deferred income tax liabilities3 
Other liabilities142320891214
Total noncurrent liabilities:691049716420921528
Total liabilities:211186194262289332182
Stockholders' equity
Stockholders' equity attributable to parent189167155949398147
Common stock22222219181819
Additional paid in capital301296293209202197218
Accumulated other comprehensive loss(16)(16)(18)(15)(34)(39)(12)
Accumulated deficit(118)(135)(141)(120)(93)(78)(79)
Total stockholders' equity:189167155949398147
Other undisclosed liabilities and equity      236
TOTAL LIABILITIES AND EQUITY:400353349356382430565

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues510516567547558602624
Revenue, net547558602624
Cost of revenue
(Cost of Goods and Services Sold)
(338)(344)(387)(390)(393)(423)(462)
Gross profit:172171179157165178161
Operating expenses(130)(134)(173)(133)(148)(147)(139)
Other operating income, net12      
Operating income:5437625163123
Nonoperating income0111210
Investment income, nonoperating011121 
Other nonoperating income      0
Interest and debt expense(5)(5)(6)(11)(10)(10)(9)
Income from continuing operations before income taxes:493311682214
Income tax expense(12)(9)(3)(5)(6)(8)(5)
Income (loss) before gain (loss) on sale of properties:3724(2)112149
Other undisclosed net income (loss) 0(2)    
Net income (loss):3724(3)112149
Other undisclosed net income (loss) attributable to parent   (21)(0)4(18)
Net income (loss) available to common stockholders, diluted:3724(3)(10)118(9)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):3724(3)112149
Other comprehensive income (loss)12(4)205(0)(14)
Comprehensive income (loss):3726(7)30614(5)
Other undisclosed comprehensive loss, net of tax, attributable to parent   (21)(0)(24)(18)
Comprehensive income (loss), net of tax, attributable to parent:3726(7)106(10)(23)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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