Myers Industries (MYE) Interest Coverage Ratio (2010 - 2015)
Myers Industries' (MYE) quarterly Interest Coverage Ratio came in at 1.72 in Q4 2015, down 6.67% year-over-year from 1.85 in Q4 2014, and up 15.68% quarter-over-quarter from 1.49 in Q3 2015.
Analysis
Myers Industries (MYE) Interest Coverage Ratio (2010 - 2015) Analysis & Trends
Myers Industries has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 1.72 for Q4 2015.
- In Q4 2015, Interest Coverage Ratio fell 6.67% year-over-year to 1.72; the TTM figure through Dec 2015 stood at 3.43 (up 31.2% YoY), while the FY2020 annual figure was 10.94, up 43.52% from the prior year.
- Interest Coverage Ratio came in at 1.72 for Q4 2015 at Myers Industries, up from 1.49 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 15.83 in Q1 2012 to a low of 1.02 in Q3 2014.
- Average Interest Coverage Ratio over 5 years is 7.09, with a median of 7.76 recorded in 2011.
- Year-over-year, Interest Coverage Ratio plunged 109.22% in 2014 and surged 246.82% in 2015.
- Over 5 years, Interest Coverage Ratio stood at 8.93 in 2011, then retreated by 7.36% to 8.27 in 2012, then dropped by 21.5% to 6.49 in 2013, then plunged by 71.54% to 1.85 in 2014, then decreased by 6.67% to 1.72 in 2015.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.72 in Q4 2015, 1.49 in Q3 2015, and 8.0 in Q2 2015.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 14.52 |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 17.55 |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 14.58 |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 19.04 |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 13.48 |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 10.71 |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 5.93 |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 13.94 |
| 10 | Myers Industries | 1.13 Bn | 1.08 Bn | 61.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2015 | 1.72 |
| Sep 30, 2015 | 1.49 |
| Jun 30, 2015 | 8.00 |
| Mar 31, 2015 | 2.49 |
| Dec 31, 2014 | 1.85 |
| Sep 30, 2014 | -1.02 |
| Jun 30, 2014 | 6.77 |
| Mar 31, 2014 | 5.61 |
| Dec 31, 2013 | 6.49 |
| Sep 30, 2013 | 11.02 |
| Jun 30, 2013 | 11.28 |
| Mar 31, 2013 | 12.13 |
| Dec 31, 2012 | 8.27 |
| Sep 30, 2012 | 8.18 |
| Jun 30, 2012 | 9.48 |
| Mar 31, 2012 | 15.83 |
| Dec 31, 2011 | 8.93 |
| Sep 30, 2011 | 5.74 |
| Jun 30, 2011 | 7.52 |
| Mar 31, 2011 | 10.00 |