Mercantile Total Current Liabilities vs Cash Analysis

MBWM Stock

USD 48.63 0.66 1.34%

Mercantile Bank financial indicator trend analysis is infinitely more than just investigating Mercantile Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercantile Bank is a good investment. Please check the relationship between Mercantile Bank Total Current Liabilities and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

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

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercantile Bank Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mercantile Bank's Total Current Liabilities and Cash is -0.13. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Mercantile Bank, assuming nothing else is changed. The correlation between historical values of Mercantile Bank's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Mercantile Bank are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Mercantile Bank's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Mercantile Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mercantile Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Mercantile Bank, which is listed under current asset account on Mercantile Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mercantile Bank customers. The amounts must be unrestricted with restricted cash listed in a different Mercantile Bank account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Mercantile Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercantile Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.At this time, Mercantile Bank's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.30, while Issuance Of Capital Stock is likely to drop about 712.4 K.

	2022	2023	2024	2025 (projected)
Interest Expense	23.6M	77.8M	70.0M	73.5M
Depreciation And Amortization	12.9M	11.5M	13.2M	13.9M

Interest Expense Depreciation And Amortization

Mercantile Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.95	0.54	0.66	0.98	0.41	0.43	0.3	0.4	0.71	-0.17	1.0	-0.31	0.76	0.93	-0.19	-0.15	0.83	0.66	0.74	0.98	0.65	0.84	-0.28	0.84	0.97
Short Long Term Debt Total	0.95		0.65	0.74	0.93	0.52	0.35	0.29	0.25	0.58	-0.17	0.95	-0.3	0.63	0.96	-0.17	-0.14	0.71	0.5	0.82	0.94	0.48	0.87	-0.14	0.86	0.89
Other Current Liab	0.54	0.65		0.95	0.53	0.7	-0.18	0.11	-0.42	0.03	0.09	0.54	-0.15	0.04	0.7	0.01	0.08	0.19	0.0	0.93	0.61	-0.05	0.73	0.09	0.77	0.57
Total Current Liabilities	0.66	0.74	0.95		0.65	0.74	-0.13	0.11	-0.34	0.15	0.07	0.66	-0.15	0.14	0.82	0.02	0.1	0.35	0.1	0.99	0.71	0.05	0.84	0.12	0.85	0.68
Total Stockholder Equity	0.98	0.93	0.53	0.65		0.45	0.37	0.34	0.36	0.77	-0.16	0.98	-0.34	0.8	0.89	-0.23	-0.17	0.89	0.74	0.74	0.95	0.72	0.82	-0.33	0.77	0.95
Net Debt	0.41	0.52	0.7	0.74	0.45		-0.61	0.07	-0.61	0.15	0.23	0.41	-0.09	0.05	0.58	0.03	0.08	0.26	0.12	0.7	0.45	0.08	0.78	0.07	0.53	0.44
Cash	0.43	0.35	-0.18	-0.13	0.37	-0.61		0.18	0.91	0.39	-0.41	0.44	-0.17	0.54	0.25	-0.18	-0.21	0.39	0.35	-0.02	0.37	0.37	-0.05	-0.2	0.2	0.35
Other Assets	0.3	0.29	0.11	0.11	0.34	0.07	0.18		0.21	0.32	-0.05	0.3	-1.0	0.31	0.27	-0.99	-0.97	0.45	0.3	0.13	0.26	0.31	0.22	0.11	0.16	0.3
Cash And Short Term Investments	0.4	0.25	-0.42	-0.34	0.36	-0.61	0.91	0.21		0.5	-0.33	0.41	-0.18	0.62	0.16	-0.23	-0.27	0.49	0.49	-0.23	0.34	0.54	-0.07	-0.31	0.09	0.35
Common Stock Shares Outstanding	0.71	0.58	0.03	0.15	0.77	0.15	0.39	0.32	0.5		-0.15	0.7	-0.29	0.96	0.48	-0.26	-0.22	0.87	0.97	0.26	0.62	0.94	0.42	-0.57	0.31	0.66
Other Stockholder Equity	-0.17	-0.17	0.09	0.07	-0.16	0.23	-0.41	-0.05	-0.33	-0.15		-0.17	0.05	-0.28	-0.1	0.06	0.07	-0.15	-0.14	0.02	-0.04	-0.15	-0.01	0.05	0.11	-0.04
Total Liab	1.0	0.95	0.54	0.66	0.98	0.41	0.44	0.3	0.41	0.7	-0.17		-0.3	0.75	0.94	-0.19	-0.14	0.83	0.65	0.74	0.98	0.64	0.84	-0.27	0.85	0.97
Total Current Assets	-0.31	-0.3	-0.15	-0.15	-0.34	-0.09	-0.17	-1.0	-0.18	-0.29	0.05	-0.3		-0.28	-0.29	0.98	0.96	-0.43	-0.27	-0.17	-0.27	-0.28	-0.23	-0.14	-0.19	-0.31
Property Plant And Equipment Net	0.76	0.63	0.04	0.14	0.8	0.05	0.54	0.31	0.62	0.96	-0.28	0.75	-0.28		0.53	-0.25	-0.21	0.85	0.95	0.26	0.67	0.92	0.41	-0.58	0.35	0.71
Retained Earnings	0.93	0.96	0.7	0.82	0.89	0.58	0.25	0.27	0.16	0.48	-0.1	0.94	-0.29	0.53		-0.15	-0.1	0.66	0.4	0.86	0.95	0.37	0.94	0.01	0.93	0.91
Non Current Assets Total	-0.19	-0.17	0.01	0.02	-0.23	0.03	-0.18	-0.99	-0.23	-0.26	0.06	-0.19	0.98	-0.25	-0.15		0.99	-0.38	-0.25	0.0	-0.15	-0.26	-0.09	-0.12	-0.04	-0.19
Non Currrent Assets Other	-0.15	-0.14	0.08	0.1	-0.17	0.08	-0.21	-0.97	-0.27	-0.22	0.07	-0.14	0.96	-0.21	-0.1	0.99		-0.33	-0.2	0.08	-0.09	-0.23	-0.03	-0.12	0.02	-0.13
Net Receivables	0.83	0.71	0.19	0.35	0.89	0.26	0.39	0.45	0.49	0.87	-0.15	0.83	-0.43	0.85	0.66	-0.38	-0.33		0.86	0.44	0.75	0.87	0.6	-0.3	0.48	0.81
Common Stock Total Equity	0.66	0.5	0.0	0.1	0.74	0.12	0.35	0.3	0.49	0.97	-0.14	0.65	-0.27	0.95	0.4	-0.25	-0.2	0.86		0.21	0.57	0.97	0.36	-0.65	0.24	0.64
Non Current Liabilities Total	0.74	0.82	0.93	0.99	0.74	0.7	-0.02	0.13	-0.23	0.26	0.02	0.74	-0.17	0.26	0.86	0.0	0.08	0.44	0.21		0.77	0.16	0.84	0.03	0.86	0.74
Property Plant And Equipment Gross	0.98	0.94	0.61	0.71	0.95	0.45	0.37	0.26	0.34	0.62	-0.04	0.98	-0.27	0.67	0.95	-0.15	-0.09	0.75	0.57	0.77		0.55	0.88	-0.23	0.92	0.98
Common Stock	0.65	0.48	-0.05	0.05	0.72	0.08	0.37	0.31	0.54	0.94	-0.15	0.64	-0.28	0.92	0.37	-0.26	-0.23	0.87	0.97	0.16	0.55		0.33	-0.68	0.2	0.63
Other Liab	0.84	0.87	0.73	0.84	0.82	0.78	-0.05	0.22	-0.07	0.42	-0.01	0.84	-0.23	0.41	0.94	-0.09	-0.03	0.6	0.36	0.84	0.88	0.33		0.03	0.89	0.86
Accounts Payable	-0.28	-0.14	0.09	0.12	-0.33	0.07	-0.2	0.11	-0.31	-0.57	0.05	-0.27	-0.14	-0.58	0.01	-0.12	-0.12	-0.3	-0.65	0.03	-0.23	-0.68	0.03		0.03	-0.26
Long Term Debt	0.84	0.86	0.77	0.85	0.77	0.53	0.2	0.16	0.09	0.31	0.11	0.85	-0.19	0.35	0.93	-0.04	0.02	0.48	0.24	0.86	0.92	0.2	0.89	0.03		0.88
Short Term Investments	0.97	0.89	0.57	0.68	0.95	0.44	0.35	0.3	0.35	0.66	-0.04	0.97	-0.31	0.71	0.91	-0.19	-0.13	0.81	0.64	0.74	0.98	0.63	0.86	-0.26	0.88

Click cells to compare fundamentals

Mercantile Bank Account Relationship Matchups

Mercantile Bank fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.4B	5.3B	4.9B	5.4B	6.2B	6.5B
Short Long Term Debt Total	441.6M	495.9M	445.8M	606.5M	697.5M	732.4M
Other Current Liab	(24.3M)	(24.6M)	(78.2M)	1.9B	2.2B	2.3B
Total Current Liabilities	24.3M	24.6M	78.2M	1.9B	2.2B	2.3B
Total Stockholder Equity	441.6M	456.6M	441.4M	522.1M	600.5M	630.5M
Net Debt	(184.4M)	(479.3M)	349.1M	476.0M	547.4M	574.8M
Cash	626.0M	975.2M	96.8M	130.5M	150.1M	131.8M
Other Assets	2.9B	3.0B	3.5B	12.9M	11.6M	12.2M
Cash And Short Term Investments	1.0B	1.6B	699.7M	130.5M	150.1M	300.1M
Common Stock Shares Outstanding	16.3M	16.0M	15.9M	16.0M	18.4M	11.8M
Liabilities And Stockholders Equity	4.4B	5.3B	4.9B	5.4B	6.2B	6.5B
Other Stockholder Equity	(305K)	(5.5B)	285.8M	(65.3M)	(75.1M)	(78.9M)
Total Liab	4.0B	4.8B	4.4B	4.8B	5.6B	5.8B
Total Current Assets	1.0B	1.6B	699.7M	130.5M	150.1M	142.6M
Property Plant And Equipment Net	59.0M	57.3M	51.5M	50.9M	58.6M	37.2M
Retained Earnings	134.0M	174.5M	216.3M	277.5M	319.2M	335.1M
Non Current Assets Total	498.2M	700.9M	704.5M	5.2B	6.0B	3.9B
Non Currrent Assets Other	(11.6M)	(11.6M)	(28.9M)	4.5B	5.2B	2.6B
Common Stock Total Equity	305.0M	302.0M	285.8M	290.4M	334.0M	221.9M
Non Current Liabilities Total	441.6M	495.9M	78.2M	2.9B	3.3B	3.5B
Property Plant And Equipment Gross	59.0M	94.3M	90.3M	94.7M	108.9M	114.4M
Accumulated Other Comprehensive Income	5.5M	(3.7M)	(65.3M)	(50.5M)	(45.4M)	(43.2M)
Common Stock	302.0M	285.8M	290.4M	295.1M	265.6M	252.3M
Other Liab	14.7M	17.5M	14.8M	45.5M	52.3M	54.9M
Accounts Payable	22.4M	24.3M	24.6M	78.2M	70.4M	66.9M
Long Term Debt	47.6M	495.9M	445.8M	606.5M	697.5M	732.4M
Short Term Investments	387.3M	592.7M	602.9M	617.1M	709.7M	745.1M
Property Plant Equipment	57.3M	59.0M	57.3M	51.5M	59.2M	37.9M
Short Term Debt	138.4M	291.5M	275.8M	321.7M	369.9M	388.4M
Net Tangible Assets	363.2M	389.6M	405.7M	391.4M	450.1M	315.3M
Retained Earnings Total Equity	107.8M	134.0M	174.5M	216.3M	248.8M	261.2M
Long Term Debt Total	46.9M	47.6M	121.9M	137.6M	158.2M	166.1M
Long Term Investments	3.6B	592.7M	602.9M	617.1M	709.7M	674.2M
Non Current Liabilities Other	102.7M	118.4M	197.5M	194.3M	223.5M	137.1M
Intangible Assets	2.4M	1.4M	583K	11.3M	13.0M	13.7M
Other Current Assets	637.6M	984.5M	112.2M	150.2M	135.2M	128.4M

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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?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

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

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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

(0.02)

Dividend Share

1.42

Earnings Share

4.93

Revenue Per Share

13.891

Quarterly Revenue Growth

0.034

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Mercantile Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

Mercantile Bank fundamental ratios Correlations

Mercantile Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercantile Bank fundamental ratios Accounts

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Stockholder Equity

Total Current Assets	- 1.0	Other Assets
Non Current Assets Total	- 0.99	Other Assets
Non Currrent Assets Other	- 0.97	Other Assets
Accounts Payable	- 0.68	Common Stock
Accounts Payable	- 0.65	Common Stock Total Equity
Cash And Short Term Investments	- 0.61	Net Debt