Mercantile Net Debt from 2010 to 2024

MBWM Stock

USD 50.53 0.43 0.86%

Mercantile Bank Net Debt yearly trend continues to be very stable with very little volatility. Net Debt is likely to grow to about 499.8 M this year. Net Debt is the total debt of Mercantile Bank minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1998-03-31

Previous Quarter

595.4 M

Current Value

227.9 M

Quarterly Volatility

169.2 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Mercantile Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercantile Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Interest Expense of 81.7 M or Total Revenue of 228.9 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0232 or PTB Ratio of 1.32. Mercantile financial statements analysis is a perfect complement when working with Mercantile Bank Valuation or Volatility modules.

Check out the analysis of Mercantile Bank Correlation against competitors.

To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

Latest Mercantile Bank's Net Debt Growth Pattern

Below is the plot of the Net Debt of Mercantile Bank over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Mercantile Bank's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercantile Bank's overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Mercantile Net Debt Regression Statistics

	Arithmetic Mean	92,820,640
	Coefficient Of Variation	270.25
	Mean Deviation	179,833,653
	Median	54,452,000
	Standard Deviation	250,851,095
	Sample Variance	62926.3T
	Range	979.1M
	R-Value	0.35
	Mean Square Error	59419.1T
	R-Squared	0.12
	Significance	0.20
	Slope	19,686,822
	Total Sum of Squares	880967.8T

Mercantile Net Debt History

	2024	499.8 M
	2023	476 M
	2022	349.1 M
	2021	-479.3 M
	2020	-184.4 M
	2019	167.2 M
	2018	320.8 M

Other Fundumenentals of Mercantile Bank

Net Debt To E B I T D A

Mercantile Bank Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Retained Earnings	Net Receivables	Common Stock	Accounts Payable	Long Term Debt	Short Term Investments	Property Plant Equipment	Short Term Debt	Net Tangible Assets	Good Will	Long Term Debt Total	Long Term Investments	Intangible Assets	Short Long Term Debt	Earning Assets	Current Deferred Revenue	Net Invested Capital	Capital Stock
Total Assets		0.98	0.23	1.0	-0.31	0.91	0.86	0.76	-0.35	0.78	0.96	0.82	0.91	0.92	0.81	0.82	-0.03	0.27	-0.76	0.77	-0.32	0.85	-0.64
Total Stockholder Equity	0.98		0.28	0.97	-0.34	0.86	0.92	0.85	-0.41	0.68	0.94	0.87	0.84	0.92	0.87	0.73	0.12	0.4	-0.75	0.73	-0.17	0.78	-0.58
Net Debt	0.23	0.28		0.22	-0.07	0.44	0.21	0.11	0.06	0.37	0.26	0.0	0.36	0.14	0.13	0.43	-0.17	0.18	-0.26	0.14	0.25	0.31	-0.37
Total Liab	1.0	0.97	0.22		-0.31	0.91	0.85	0.75	-0.34	0.79	0.97	0.81	0.91	0.92	0.8	0.82	-0.04	0.26	-0.76	0.78	-0.34	0.85	-0.64
Total Current Assets	-0.31	-0.34	-0.07	-0.31		-0.3	-0.43	-0.28	-0.13	-0.18	-0.31	-0.28	-0.31	-0.38	-0.43	-0.22	-0.16	-0.26	0.26	-0.24	0.01	-0.23	0.14
Retained Earnings	0.91	0.86	0.44	0.91	-0.3		0.69	0.47	-0.03	0.9	0.88	0.56	0.94	0.82	0.61	0.93	-0.26	0.11	-0.77	0.8	-0.36	0.93	-0.76
Net Receivables	0.86	0.92	0.21	0.85	-0.43	0.69		0.9	-0.32	0.48	0.84	0.85	0.67	0.87	0.98	0.56	0.33	0.62	-0.61	0.57	-0.04	0.57	-0.39
Common Stock	0.76	0.85	0.11	0.75	-0.28	0.47	0.9		-0.68	0.27	0.74	0.92	0.51	0.76	0.91	0.35	0.44	0.61	-0.49	0.44	0.06	0.39	-0.18
Accounts Payable	-0.35	-0.41	0.06	-0.34	-0.13	-0.03	-0.32	-0.68		0.01	-0.33	-0.59	-0.16	-0.24	-0.33	0.0	-0.26	-0.25	0.12	-0.09	-0.07	-0.04	-0.02
Long Term Debt	0.78	0.68	0.37	0.79	-0.18	0.9	0.48	0.27	0.01		0.83	0.36	0.91	0.61	0.38	0.99	-0.62	0.06	-0.55	0.67	-0.67	0.85	-0.8
Short Term Investments	0.96	0.94	0.26	0.97	-0.31	0.88	0.84	0.74	-0.33	0.83		0.76	0.89	0.85	0.79	0.87	-0.17	0.37	-0.65	0.7	-0.44	0.79	-0.65
Property Plant Equipment	0.82	0.87	0.0	0.81	-0.28	0.56	0.85	0.92	-0.59	0.36	0.76		0.57	0.9	0.9	0.41	0.38	0.44	-0.61	0.64	-0.03	0.59	-0.12
Short Term Debt	0.91	0.84	0.36	0.91	-0.31	0.94	0.67	0.51	-0.16	0.91	0.89	0.57		0.78	0.59	0.91	-0.33	0.09	-0.69	0.77	-0.5	0.87	-0.73
Net Tangible Assets	0.92	0.92	0.14	0.92	-0.38	0.82	0.87	0.76	-0.24	0.61	0.85	0.9	0.78		0.89	0.65	0.17	0.3	-0.79	0.82	-0.17	0.82	-0.34
Good Will	0.81	0.87	0.13	0.8	-0.43	0.61	0.98	0.91	-0.33	0.38	0.79	0.9	0.59	0.89		0.46	0.4	0.63	-0.58	0.57	-0.01	0.52	-0.22
Long Term Debt Total	0.82	0.73	0.43	0.82	-0.22	0.93	0.56	0.35	0.0	0.99	0.87	0.41	0.91	0.65	0.46		-0.55	0.14	-0.57	0.68	-0.61	0.85	-0.79
Long Term Investments	-0.03	0.12	-0.17	-0.04	-0.16	-0.26	0.33	0.44	-0.26	-0.62	-0.17	0.38	-0.33	0.17	0.4	-0.55		0.29	-0.11	-0.11	0.78	-0.25	0.44
Intangible Assets	0.27	0.4	0.18	0.26	-0.26	0.11	0.62	0.61	-0.25	0.06	0.37	0.44	0.09	0.3	0.63	0.14	0.29		0.09	0.06	0.13	0.01	0.03
Short Long Term Debt	-0.76	-0.75	-0.26	-0.76	0.26	-0.77	-0.61	-0.49	0.12	-0.55	-0.65	-0.61	-0.69	-0.79	-0.58	-0.57	-0.11	0.09		-0.66	0.02	-0.76	0.46
Earning Assets	0.77	0.73	0.14	0.78	-0.24	0.8	0.57	0.44	-0.09	0.67	0.7	0.64	0.77	0.82	0.57	0.68	-0.11	0.06	-0.66		-0.26	0.82	-0.39
Current Deferred Revenue	-0.32	-0.17	0.25	-0.34	0.01	-0.36	-0.04	0.06	-0.07	-0.67	-0.44	-0.03	-0.5	-0.17	-0.01	-0.61	0.78	0.13	0.02	-0.26		-0.36	0.45
Net Invested Capital	0.85	0.78	0.31	0.85	-0.23	0.93	0.57	0.39	-0.04	0.85	0.79	0.59	0.87	0.82	0.52	0.85	-0.25	0.01	-0.76	0.82	-0.36		-0.6
Capital Stock	-0.64	-0.58	-0.37	-0.64	0.14	-0.76	-0.39	-0.18	-0.02	-0.8	-0.65	-0.12	-0.73	-0.34	-0.22	-0.79	0.44	0.03	0.46	-0.39	0.45	-0.6

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About Mercantile Bank Financial Statements

Mercantile Bank investors utilize fundamental indicators, such as Net Debt, to predict how Mercantile Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	476 M	499.8 M
Net Debt To EBITDA	4.17	4.38

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:

How To Invest In Mercantile

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Is Mercantile Stock a good investment?

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What is Mercantile Bank's Net Worth?

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Check out the analysis of Mercantile Bank Correlation against competitors.

To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.07)

Dividend Share

1.4

Earnings Share

4.96

Revenue Per Share

13.795

Quarterly Revenue Growth

0.036

The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Mercantile Net Debt from 2010 to 2024

Latest Mercantile Bank's Net Debt Growth Pattern

Mercantile Net Debt Regression Statistics

Mercantile Net Debt History

Other Fundumenentals of Mercantile Bank

Mercantile Bank Net Debt component correlations

About Mercantile Bank Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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