First Historical Balance Sheet

FRMEP Stock

USD 25.55 0.05 0.20%

Trend analysis of First Merchants balance sheet accounts such as Short and Long Term Debt Total of 915.1 M or Other Current Liab of 10.7 B provides information on First Merchants' total assets, liabilities, and equity, which is the actual value of First Merchants to its prevalent stockholders. By breaking down trends over time using First Merchants balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining First Merchants latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Merchants is a good buy for the upcoming year.

First Merchants Inventory

15.73 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Merchants at a specified time, usually calculated after every quarter, six months, or one year. First Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Merchants and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Merchants Balance Sheet Chart

At this time, First Merchants' Retained Earnings are relatively stable compared to the past year. As of 12/15/2024, Cash is likely to grow to about 151.4 M, while Short Term Debt is likely to drop slightly above 223.5 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Total Current Liabilities

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of First Merchants assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Merchants books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on First Merchants balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Merchants 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.

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

To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.At this time, First Merchants' Retained Earnings are relatively stable compared to the past year. As of 12/15/2024, Cash is likely to grow to about 151.4 M, while Short Term Debt is likely to drop slightly above 223.5 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	452.7M	975.0M	871.5M	915.1M
Total Assets	15.5B	17.9B	18.4B	19.3B

Short Long Term Debt Total Total Assets

First Merchants balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Other Current Assets	Non Current Liabilities Total	Common Stock	Good Will	Short Term Investments	Intangible Assets
Common Stock Shares Outstanding		0.95	0.87	0.51	0.48	0.96	0.95	0.3	0.93	0.46	0.66	0.4	0.26	0.68	0.88	0.97	0.94	0.06	0.17	0.65	-0.2	0.5	0.86	0.89	0.79	0.71
Total Assets	0.95		0.92	0.64	0.6	0.99	0.92	0.28	0.99	0.44	0.78	0.5	0.14	0.65	0.97	0.98	1.0	-0.22	0.09	0.75	-0.45	0.61	0.77	0.97	0.84	0.73
Short Long Term Debt Total	0.87	0.92		0.67	0.64	0.89	0.87	0.59	0.92	0.13	0.78	0.61	0.12	0.33	0.95	0.91	0.92	-0.18	0.25	0.8	-0.3	0.64	0.68	0.92	0.63	0.67
Other Current Liab	0.51	0.64	0.67		1.0	0.61	0.68	0.13	0.71	-0.18	0.98	0.95	-0.64	0.29	0.78	0.57	0.65	-0.28	-0.34	0.96	-0.39	1.0	0.16	0.72	0.22	0.18
Total Current Liabilities	0.48	0.6	0.64	1.0		0.57	0.66	0.12	0.67	-0.22	0.97	0.96	-0.67	0.27	0.75	0.54	0.61	-0.23	-0.37	0.95	-0.35	1.0	0.13	0.69	0.17	0.15
Total Stockholder Equity	0.96	0.99	0.89	0.61	0.57		0.92	0.24	0.98	0.48	0.75	0.48	0.15	0.71	0.94	0.99	0.99	-0.15	0.03	0.73	-0.4	0.58	0.8	0.97	0.85	0.77
Property Plant And Equipment Net	0.95	0.92	0.87	0.68	0.66	0.92		0.31	0.92	0.28	0.79	0.6	0.05	0.62	0.89	0.92	0.91	0.04	0.08	0.78	-0.2	0.67	0.76	0.88	0.64	0.6
Net Debt	0.3	0.28	0.59	0.13	0.12	0.24	0.31		0.26	-0.45	0.15	0.24	0.33	-0.44	0.35	0.33	0.28	0.05	0.62	0.33	0.19	0.12	0.35	0.31	0.05	0.37
Retained Earnings	0.93	0.99	0.92	0.71	0.67	0.98	0.92	0.26		0.38	0.83	0.57	0.04	0.63	0.98	0.97	0.99	-0.24	0.01	0.8	-0.46	0.68	0.72	0.98	0.8	0.7
Cash	0.46	0.44	0.13	-0.18	-0.22	0.48	0.28	-0.45	0.38		-0.01	-0.39	0.49	0.78	0.24	0.43	0.44	-0.11	0.0	-0.17	-0.35	-0.21	0.52	0.31	0.77	0.44
Non Current Assets Total	0.66	0.78	0.78	0.98	0.97	0.75	0.79	0.15	0.83	-0.01		0.9	-0.49	0.42	0.88	0.71	0.79	-0.28	-0.27	0.97	-0.44	0.97	0.33	0.83	0.41	0.33
Non Currrent Assets Other	0.4	0.5	0.61	0.95	0.96	0.48	0.6	0.24	0.57	-0.39	0.9		-0.67	0.11	0.67	0.46	0.51	-0.19	-0.35	0.93	-0.26	0.96	0.07	0.61	0.03	0.11
Other Assets	0.26	0.14	0.12	-0.64	-0.67	0.15	0.05	0.33	0.04	0.49	-0.49	-0.67		0.07	-0.05	0.21	0.13	0.18	0.71	-0.47	0.17	-0.67	0.54	0.01	0.42	0.46
Cash And Short Term Investments	0.68	0.65	0.33	0.29	0.27	0.71	0.62	-0.44	0.63	0.78	0.42	0.11	0.07		0.51	0.66	0.64	0.05	-0.35	0.31	-0.3	0.3	0.6	0.59	0.75	0.51
Net Receivables	0.88	0.97	0.95	0.78	0.75	0.94	0.89	0.35	0.98	0.24	0.88	0.67	-0.05	0.51		0.93	0.97	-0.28	0.02	0.87	-0.46	0.75	0.64	0.98	0.71	0.66
Other Stockholder Equity	0.97	0.98	0.91	0.57	0.54	0.99	0.92	0.33	0.97	0.43	0.71	0.46	0.21	0.66	0.93		0.97	-0.1	0.09	0.71	-0.34	0.55	0.83	0.97	0.83	0.82
Total Liab	0.94	1.0	0.92	0.65	0.61	0.99	0.91	0.28	0.99	0.44	0.79	0.51	0.13	0.64	0.97	0.97		-0.23	0.09	0.75	-0.45	0.62	0.76	0.97	0.83	0.73
Total Current Assets	0.06	-0.22	-0.18	-0.28	-0.23	-0.15	0.04	0.05	-0.24	-0.11	-0.28	-0.19	0.18	0.05	-0.28	-0.1	-0.23		0.14	-0.22	0.93	-0.21	0.12	-0.24	-0.29	-0.15
Short Term Debt	0.17	0.09	0.25	-0.34	-0.37	0.03	0.08	0.62	0.01	0.0	-0.27	-0.35	0.71	-0.35	0.02	0.09	0.09	0.14		-0.23	0.25	-0.38	0.33	-0.05	0.08	0.08
Accounts Payable	0.65	0.75	0.8	0.96	0.95	0.73	0.78	0.33	0.8	-0.17	0.97	0.93	-0.47	0.31	0.87	0.71	0.75	-0.22	-0.23		-0.35	0.95	0.34	0.83	0.33	0.38
Other Current Assets	-0.2	-0.45	-0.3	-0.39	-0.35	-0.4	-0.2	0.19	-0.46	-0.35	-0.44	-0.26	0.17	-0.3	-0.46	-0.34	-0.45	0.93	0.25	-0.35		-0.34	-0.08	-0.45	-0.52	-0.31
Non Current Liabilities Total	0.5	0.61	0.64	1.0	1.0	0.58	0.67	0.12	0.68	-0.21	0.97	0.96	-0.67	0.3	0.75	0.55	0.62	-0.21	-0.38	0.95	-0.34		0.15	0.69	0.18	0.16
Common Stock	0.86	0.77	0.68	0.16	0.13	0.8	0.76	0.35	0.72	0.52	0.33	0.07	0.54	0.6	0.64	0.83	0.76	0.12	0.33	0.34	-0.08	0.15		0.69	0.81	0.77
Good Will	0.89	0.97	0.92	0.72	0.69	0.97	0.88	0.31	0.98	0.31	0.83	0.61	0.01	0.59	0.98	0.97	0.97	-0.24	-0.05	0.83	-0.45	0.69	0.69		0.78	0.77
Short Term Investments	0.79	0.84	0.63	0.22	0.17	0.85	0.64	0.05	0.8	0.77	0.41	0.03	0.42	0.75	0.71	0.83	0.83	-0.29	0.08	0.33	-0.52	0.18	0.81	0.78		0.81
Intangible Assets	0.71	0.73	0.67	0.18	0.15	0.77	0.6	0.37	0.7	0.44	0.33	0.11	0.46	0.51	0.66	0.82	0.73	-0.15	0.08	0.38	-0.31	0.16	0.77	0.77	0.81

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First Merchants Account Relationship Matchups

First Merchants balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	51.6M	54.2M	54.0M	58.0M	59.5M	62.5M
Total Assets	12.5B	14.1B	15.5B	17.9B	18.4B	19.3B
Short Long Term Debt Total	489.8M	507.8M	452.7M	975.0M	871.5M	915.1M
Other Current Liab	(6.8M)	229.2M	368.2M	788.5M	10.2B	10.7B
Total Current Liabilities	6.8M	3.3M	2.8M	7.5M	10.4B	10.9B
Total Stockholder Equity	1.8B	1.9B	1.9B	2.0B	2.2B	2.4B
Property Plant And Equipment Net	113.1M	111.1M	105.7M	117.1M	152.8M	160.4M
Net Debt	194.3M	(77.4M)	(188.6M)	726.3M	322.8M	179.2M
Retained Earnings	696.5M	788.6M	864.8M	1.0B	1.2B	1.2B
Cash	295.5M	585.2M	641.3M	248.7M	112.6M	151.4M
Non Current Assets Total	3.3B	3.8B	5.2B	5.1B	17.7B	18.5B
Non Currrent Assets Other	(12.2M)	(12.3M)	(5.2B)	(111.2M)	13.0B	13.6B
Other Assets	7.0B	7.7B	7.2B	12.5B	(1.1B)	(1.0B)
Cash And Short Term Investments	2.1B	2.5B	3.0B	248.7M	1.7B	1.8B
Net Receivables	48.9M	53.9M	57.2M	85.1M	97.7M	102.5M
Liabilities And Stockholders Equity	12.5B	14.1B	15.5B	17.9B	18.4B	19.3B
Other Stockholder Equity	1.1B	1.0B	985.8M	1.2B	1.2B	1.3B
Total Liab	10.7B	12.2B	13.5B	15.9B	16.2B	17.0B
Total Current Assets	2.1B	2.6B	3.0B	333.7M	1.8B	2.7B
Short Term Debt	287.8M	235.7M	373.7M	803.5M	224.0M	223.5M
Accounts Payable	6.8M	3.3M	2.8M	7.5M	18.9M	19.9M
Other Current Assets	364.1M	652.4M	734.7M	451.4M	751.1M	713.6M
Accumulated Other Comprehensive Income	27.9M	74.8M	55.1M	(239.2M)	(176.0M)	(167.2M)
Non Current Liabilities Total	489.8M	507.8M	452.7M	7.5M	16.2B	17.0B
Common Stock	6.9M	6.7M	6.7M	7.4M	7.4M	4.4M
Short Term Investments	1.8B	1.9B	2.3B	2.0B	1.6B	1.2B
Intangible Assets	35.0M	29.0M	25.5M	35.8M	27.1M	23.2M
Current Deferred Revenue	(281.0M)	(232.5M)	(371.0M)	(796.0M)	(18.9M)	(19.9M)
Other Liab	40.7M	45.3M	109.4M	81.2M	93.4M	68.1M
Net Tangible Assets	1.2B	1.3B	1.3B	1.3B	1.5B	1.3B
Long Term Debt	489.8M	507.8M	452.7M	975.0M	871.5M	687.5M
Inventory	(364.1M)	(652.4M)	(734.7M)	(451.4M)	15.0M	15.7M
Net Invested Capital	2.3B	2.4B	2.4B	3.0B	3.1B	2.7B
Long Term Investments	2.6B	3.1B	4.5B	4.3B	3.8B	3.7B
Capital Stock	7.0M	6.9M	6.8M	32.5M	32.6M	16.9M
Property Plant Equipment	133.8M	129.3M	123.5M	140.7M	161.8M	136.6M

Pair Trading with First Merchants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Merchants will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.78	AX	Axos Financial	Pair Corr
0.78	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.76	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against First Stock

0.77	CFG-PE	Citizens Financial	Pair Corr
0.7	TFC-PR	Truist Financial	Pair Corr
0.67	TFC-PO	Truist Financial	Pair Corr
0.6	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to First Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Merchants to buy it.

The correlation of First Merchants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Merchants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for First Stock Analysis

When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.

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First Historical Balance Sheet

First Merchants Inventory

15.73 Million

About First Balance Sheet Analysis

First Merchants Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Total Current Liabilities

First Merchants balance sheet Correlations

First Merchants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Merchants balance sheet Accounts

Pair Trading with First Merchants

Moving together with First Stock

Moving against First Stock

Additional Tools for First Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Non Current Liabilities Total	- 0.67	Other Assets
Other Assets	- 0.67	Non Currrent Assets Other
Other Assets	- 0.67	Total Current Liabilities
Other Assets	- 0.64	Other Current Liab
Short Term Investments	- 0.52	Other Current Assets
Other Assets	- 0.49	Non Current Assets Total