MYE (Myers Industries) LT-Debt-to-Total-Asset: 0.38 (As of Mar. 2026)

What is Myers Industries LT-Debt-to-Total-Asset?

Myers Industries MYE -3.48% 60 LT-Debt-to-Total-Asset is 0.38 as of Mar. 2026. GuruFocus rates MYE with a GF Score™ of 60/100 and a GF Value™ of $15.18 (Significantly Overvalued). The stock has 7 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Myers Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.38.

Myers Industries's long-term debt to total assets ratio declined from Mar. 2025 (0.45) to Mar. 2026 (0.38). It may suggest that Myers Industries is progressively becoming less dependent on debt to grow their business.

Myers Industries (NYSE:MYE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Myers Industries LT-Debt-to-Total-Asset Related Terms

Myers Industries LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Myers Industries's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Myers Industries LT-Debt-to-Total-Asset Chart

Myers Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.26

0.23

0.12

0.45

0.40

Myers Industries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.43	0.42	0.40	0.38

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Myers Industries LT-Debt-to-Total-Asset Calculation

Myers Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	336.694	/	851.321
	=	0.40

Myers Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	313.96	/	836.734
	=	0.38

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.38 mean?

Myers Industries (MYE) has a LT-Debt-to-Total-Asset of 0.38 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Myers Industries and its competitors.

Is Myers Industries' LT-Debt-to-Total-Asset too high?

Myers Industries' current LT-Debt-to-Total-Asset is 0.38. Overall, Myers Industries has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Myers Industries' LT-Debt-to-Total-Asset compare to OI and TRS?

Myers Industries' LT-Debt-to-Total-Asset of 0.38 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Packaging & Containers company?

A good LT-Debt-to-Total-Asset depends on the Packaging & Containers industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Myers Industries and its competitors. Myers Industries's current LT-Debt-to-Total-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Myers Industries stock overvalued right now?

Based on GuruFocus' analysis, Myers Industries (MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.18, compared to a current price of $34.08 — trading 124.5% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.38. Myers Industries' overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Myers Industries (MYE), the current LT-Debt-to-Total-Asset is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Myers Industries (MYE) Overvalued in 2026?

Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued. The current stock price of $34.08 is trading 124.5% above its estimated GF Value™ of $15.18. GuruFocus considers Myers Industries to be Significantly Overvalued.

Key valuation signals for MYE:

LT-Debt-to-Total-Asset: 0.38
GF Value™: $15.18 vs. price of $34.08 (124.5% above fair value)
GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the MYE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Myers Industries Business Description

Industry Consumer Cyclical Packaging & Containers

Comparable Companies OI TRS KRT PACK ORBS GFLT ENZN MGIH YHGJ DSS SW PKG IP AMCR BALL AVY CCK TSX:CCL.A SZSE:002812 OHEL:STERV

Other Exchanges MJF:Germany

Address 1293 South Main Street, Akron, OH, USA, 44301

Website https://www.myersindustries.com

Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.

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$34.08

Price

$15.18

GF Value

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