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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments765938757
Cash and cash equivalents765938757
Restricted cash and investments  999  
Receivables627377747891112
Inventory, net of allowances, customer advances and progress billings444447465563107
Inventory444447465563107
Prepaid expense     77
Disposal group, including discontinued operation     118 
Other undisclosed current assets37155622
Total current assets:185183150141154285235
Noncurrent Assets
Operating lease, right-of-use asset6
Property, plant and equipment556584  137149
Long-term investments and receivables  191818  
Accounts and financing receivable, after allowance for credit loss  191818  
Intangible assets, net (including goodwill)98899910712313982
Goodwill67596059646761
Intangible assets, net (excluding goodwill)31303948597221
Regulated entity, other noncurrent assets1    11
Other noncurrent assets4643343
Deferred tax assets, net5001  
Other undisclosed noncurrent assets5    (137)(150)
Total noncurrent assets:16816620612914514385
Other undisclosed assets   111131137149
TOTAL ASSETS:353349356382430565469
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities81979979117131150
Accounts payable47616449717798
Accrued liabilities18171513232620
Employee-related liabilities12171612181523
Taxes payable1122259
Interest and dividends payable222337 
Debt2      
Customer advances and deposits   11
Other liabilities     2620
Other undisclosed current liabilities     (14)(20)
Total current liabilities:83979979117154151
Noncurrent Liabilities
Long-term debt and lease obligation8177151190193 45
Long-term debt, excluding current maturities7777151190193 45
Operating lease, liability4
Liabilities, other than long-term debt23201320222839
Deferred tax liabilities, net 411101424
Other liabilities232089121415
Total noncurrent liabilities:104971642092152884
Total liabilities:186194262289332182235
Stockholders' equity
Stockholders' equity attributable to parent167155949398147236
Common stock22221918181920
Additional paid in capital296293209202197218266
Accumulated other comprehensive income (loss)(16)(18)(15)(34)(39)(12)2
Accumulated deficit(135)(141)(120)(93)(78)(79)(54)
Total stockholders' equity:167155949398147236
Other undisclosed liabilities and equity     236(1)
TOTAL LIABILITIES AND EQUITY:353349356382430565469

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues516567547558602624825
Revenue, net547558602624825
Cost of revenue
(Cost of Goods and Services Sold)
(344)(387)(390)(393)(423)(462)(608)
Gross profit:171179157165178161218
Operating expenses(134)(173)(133)(148)(147)(139)(174)
Operating income:3762516312344
Nonoperating income1112100
Investment income, nonoperating11121  
Other nonoperating income     00
Interest and debt expense(5)(6)(11)(10)(10)(9)(5)
Income from continuing operations before income taxes:331168221439
Income tax expense(9)(3)(5)(6)(8)(5)(13)
Income (loss) before gain (loss) on sale of properties:24(2)11214926
Other undisclosed net income (loss)0(2)     
Net income (loss):24(3)11214926
Other undisclosed net income (loss) attributable to parent  (21)(0)4(18) 
Net income (loss) available to common stockholders, diluted:24(3)(10)118(9)26

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):24(3)11214926
Other comprehensive income (loss)2(4)205(0)(14)(8)
Comprehensive income (loss):26(7)30614(5)18
Other undisclosed comprehensive loss, net of tax, attributable to parent  (21)(0)(24)(18) 
Comprehensive income (loss), net of tax, attributable to parent:26(7)106(10)(23)18

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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