Myers Industries (MYE) Financials

The income statement of Myers Industries Inc (MYE) provides a comprehensive overview of the company's financial performance. It shows the revenue generated, expenses incurred, and the resulting net income for a given period. In the latest reported period, Myers Industries Inc recorded a total revenue of $574.8 million. This figure represents the amount of money generated from the sale of its products and services. The company's gross profit, which is calculated by deducting the cost of goods sold from the total revenue, amounted to $184.3 million. EBIT, or earnings before interest and taxes, is a measure of a company's profitability and stood at $22.5 million. EBITDA, which includes an additional adjustment for depreciation and amortization, was $44.7 million.

The balance sheet of Myers Industries Inc (MYE) provides a snapshot of the company's financial position at a given point in time. It shows the company's assets, liabilities, and stockholders' equity. The total assets for Myers Industries Inc amounted to $805.6 million, which includes cash equivalents, accounts receivable, inventory, and property, plant, and equipment. The company's total liabilities, including both short-term and long-term debt, amounted to $570.2 million. Stockholders' equity, which represents the shareholders' ownership in the company, stood at $235.4 million. Net debt, which is the difference between a company's total debt and its cash and cash equivalents, was $93.1 million.

The cash flow statement of Myers Industries Inc (MYE) provides insights into the company's cash inflows and outflows during a given period. Operating cash flow, which measures the cash generated from the company's core operations, was $34.8 million. This indicates the cash generated from the sale of products and services after deducting operating expenses. Investing cash flow, which reflects the cash used for acquiring or disposing of assets, was -$53.4 million. This negative figure suggests that the company invested more in capital expenditures than it received from asset sales. Financing cash flow, which captures the cash flows related to raising and repaying capital, was $42.4 million. Free cash flow, which represents the cash available to the company after meeting all capital expenditure requirements, was -$18.6 million.

In conclusion, the financials of Myers Industries Inc paint a mixed picture of the company's performance. While the total revenue and gross profit figures indicate a healthy level of sales and profitability, the net income from stockholders is an essential metric for evaluating the bottom line. The balance sheet provides information on the company's overall financial health, with total assets highlighting its resources and total liabilities indicating its financial obligations. The cash flow statement reveals the company's ability to generate cash from operations and the impact of its investing and financing activities. Overall, these financials provide valuable insights for investors and stakeholders in assessing Myers Industries Inc's financial performance and position.