Myers Industries MYE Payments On Finance Lease
Payments On Finance Lease at other companies
Other financials
Where this comes from
Reported directly by Myers Industries in its filing.
Tagged under the XBRL concept mye:PaymentsOnFinanceLease.
The official record: Myers Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Myers Industries's payments on finance lease?
- Myers Industries (MYE) reported payments on finance lease of $160K in Q1 2026.
- How has Myers Industries's payments on finance lease changed year-over-year?
- Myers Industries's payments on finance lease increased by 3.9% year-over-year, from $154K to $160K.
- What is the long-term trend for Myers Industries's payments on finance lease?
- Over 4 years (2021 to 2025), Myers Industries's payments on finance lease has grown at a 11.5% compound annual growth rate (CAGR), from $402K to $621K.
- What does payments on finance lease mean?
- This metric represents the cash outflows related to the principal portion of lease payments for assets held under finance lease arrangements. It highlights the company's ongoing financial commitment to maintain access to essential equipment or facilities without immediate capital expenditure. Analyzing this figure is essential for understanding the company's true fixed-cost burden and its reliance on leased assets versus owned property.