Myers Industries (MYE) Interest Coverage Ratio (2010 - 2015)
Myers Industries (MYE) posted Interest Coverage Ratio of 1.72 for Q4 2015, up 15.68% sequentially from 1.49 in Q3 2015, and down 6.67% YoY from 1.85 in Q4 2014.
Myers Industries (MYE) Interest Coverage Ratio (2010 - 2015) Analysis & Trends
Myers Industries (MYE) has 6 years of Interest Coverage Ratio data on file, last reported at 1.72 in Q4 2015.
- Quarterly Interest Coverage Ratio fell 6.67% year-over-year to 1.72 in Q4 2015, while the trailing twelve-month figure through Sep 2016 was 6.53 (up 85.01% YoY) and the FY2020 annual result came in at 10.94, up 43.52% from the prior year.
- Interest Coverage Ratio improved to 1.72 in Q4 2015 per MYE's latest filing, from 1.49 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 15.83 in Q1 2012, with the low at 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 tumbled 109.22% in 2014 and surged 246.82% in 2015.
- Myers Industries' Interest Coverage Ratio stood at 8.93 in 2011, then dropped by 7.36% to 8.27 in 2012, then retreated by 21.5% to 6.49 in 2013, then tumbled by 71.54% to 1.85 in 2014, then declined by 6.67% to 1.72 in 2015.
- Business Quant data shows MYE's Interest Coverage Ratio at 1.72 in Q4 2015, 1.49 in Q3 2015, and 8.0 in Q2 2015.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 4.65 |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | - |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 8.14 |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 3.76 |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 4.67 |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 2.86 |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 2.98 |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 0.30 |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | - |
| 10 | Myers Industries | 789.27 Mn | 744.68 Mn | 56.55 Mn | - |
Historic Data
Download 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 |