Myers Industries Inc. A Financial Analysis Report
Date of Award
Project Abstract (696 or 796 registration)
Master of Science in Accounting & Finance
Dr. Mohamed Elbannan
I chose to analyze Myers Industries for my main Company. Myers is the largest tire supply distributor in the United States. They also produce plastic products for packaging, storage, safety products, and specialty moldings. Myers was founded in 1933 in Akron, Ohio, by two brothers. In the first section, firm characteristics, I will analyze the firm's business segments, leadership, ownership, industries, and markets and conduct a SWOT analysis.
Following the first section, I will analyze the firm's financial statements and accounting policies by comparing them to the benchmark company that I have chosen. The bench company, Tredegar Corporation, is a main competitor in Myers's industries. I will analyze the Company's activity, liquidity, and profitability ratios. Finally, after looking at all the information I provided in this research, I will decide whether Myers Industries is a financially well-off company and how it matches up with its competitor, Tredegar Corporation.
Hollaar, Joshua, "Myers Industries Inc. A Financial Analysis Report" (2023). Dissertations, Theses, and Projects. 833.