What is the level of liabilities of MYR Group this year?
MYR Group has a debt balance of 927.54 M USD this year.
MYR Group Liabilities 2024
MYR Group Liabilities
927.54 M USD
Ticker
MYRG
ISIN
US55405W1045
WKN
A0Q9UM
In 2024, MYR Group's total liabilities amounted to 927.54 M USD, a 10.6% difference from the 838.66 M USD total liabilities in the previous year.
MYR Group Aktienanalyse
What does MYR Group do?
MYR Group Inc is an American company that has been operating in the field of electrical installation and energy construction for almost 130 years. The company was founded in 1891 in Chicago as Morrissey & O'Connor and initially focused primarily on the construction of tram systems. Over the years, the company's areas of activity have continued to expand, and today it employs over 7,000 employees in over 25 states in the US and in Canada. The business model of MYR Group Inc can be described as diversified and includes various sectors such as electrical installation, energy infrastructure, and industrial maintenance. The company specializes in the construction, maintenance, repair, and maintenance of electrical systems and facilities, as well as the construction of energy infrastructures such as transmission lines, substations, and distribution stations. Other services offered by the company include engineering, planning, and construction of wind and solar energy systems, as well as the installation and maintenance of lighting systems within industrial facilities. Within the electrical installation sector, MYR Group Inc is able to offer a variety of services, including installations of electrical systems and equipment in residential, commercial, and industrial buildings. This also includes the integration of modern technologies such as LED lighting and intelligent building control systems, which are used to increase efficiency. In the field of energy infrastructure, MYR Group Inc offers a wide range of services to meet the need for a safe and reliable energy supply. This includes planning, construction, and maintenance of energy transmission and distribution networks, as well as the installation and maintenance of power and gas networks. The industrial maintenance sector is essentially specialized in the maintenance and servicing of industrial plants. In this regard, MYR Group Inc offers a variety of services such as preventive maintenance, repairs, and modernizations to increase efficiency, minimize downtime, and ensure the safety of the facilities. An interesting product offered by the company is the so-called "Pre-Fab" solution. This involves pre-assembled units that are manufactured off-site and can then be installed at the work site. This reduces work time at the job site and can save costs at the same time. MYR Group Inc takes pride in its skilled workforce and is strongly committed to their training and development. The company also invests in state-of-the-art technology and has a wide network of suppliers. Furthermore, the company emphasizes sustainability and environmental compatibility along the entire production and supply chain process. Overall, it can be said that MYR Group Inc is a diversified company that specializes in electrical works and energy infrastructure. With its various sectors, services, and products, the company is able to be involved in every phase of a project, from planning to implementation and maintenance. MYR Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing MYR Group's Liabilities
MYR Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating MYR Group's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing MYR Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
MYR Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in MYR Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about MYR Group stock
What were the liabilities of MYR Group compared to the previous year?
The liabilities of MYR Group have increased by 10.6% increased compared to the previous year.
What are the consequences of high debt for investors of MYR Group?
High liabilities can pose a risk for investors of MYR Group, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in MYR Group?
Low liabilities mean that MYR Group has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of MYR Group affect the company?
An increase in liabilities of MYR Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of MYR Group affect the company?
A decrease in the liabilities of MYR Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of MYR Group?
Some factors that can influence the liabilities of MYR Group include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of MYR Group so important for investors?
The liabilities of MYR Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can MYR Group take to modify the liabilities?
To change its liabilities, MYR Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does MYR Group pay?
Over the past 12 months, MYR Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, MYR Group is expected to pay a dividend of 0 USD.
What is the dividend yield of MYR Group?
The current dividend yield of MYR Group is .
When does MYR Group pay dividends?
MYR Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of MYR Group?
MYR Group paid dividends every year for the past 0 years.
What is the dividend of MYR Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is MYR Group located?
MYR Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von MYR Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MYR Group from 11/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/16/2024.
When did MYR Group pay the last dividend?
The last dividend was paid out on 11/16/2024.
What was the dividend of MYR Group in the year 2023?
In the year 2023, MYR Group distributed 0 USD as dividends.
In which currency does MYR Group pay out the dividend?
The dividends of MYR Group are distributed in USD.
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Andere Kennzahlen von MYR Group
Our stock analysis for MYR Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MYR Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
