First Merchants Corp (FRME)
32.94
+0.46
(+1.42%)
USD |
NASDAQ |
Apr 18, 16:00
32.93
-0.01
(-0.03%)
After-Hours: 20:00
First Merchants Debt to Equity Ratio: 0.3877 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3877 |
| September 30, 2023 | 0.4167 |
| June 30, 2023 | 0.4077 |
| March 31, 2023 | 0.4593 |
| December 31, 2022 | 0.4792 |
| September 30, 2022 | 0.417 |
| June 30, 2022 | 0.3793 |
| March 31, 2022 | 0.2366 |
| December 31, 2021 | 0.2367 |
| September 30, 2021 | 0.2423 |
| June 30, 2021 | 0.2419 |
| March 31, 2021 | 0.2646 |
| December 31, 2020 | 0.2707 |
| September 30, 2020 | 0.2824 |
| June 30, 2020 | 0.3792 |
| March 31, 2020 | 0.3429 |
| December 31, 2019 | 0.2742 |
| September 30, 2019 | 0.282 |
| June 30, 2019 | 0.3986 |
| March 31, 2019 | 0.3321 |
| December 31, 2018 | 0.322 |
| September 30, 2018 | 0.3848 |
| June 30, 2018 | 0.4533 |
| March 31, 2018 | 0.4476 |
| December 31, 2017 | 0.4248 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.4259 |
| June 30, 2017 | 0.4265 |
| March 31, 2017 | 0.5033 |
| December 31, 2016 | 0.474 |
| September 30, 2016 | 0.4721 |
| June 30, 2016 | 0.4465 |
| March 31, 2016 | 0.451 |
| December 31, 2015 | 0.4274 |
| September 30, 2015 | 0.4691 |
| June 30, 2015 | 0.4995 |
| March 31, 2015 | 0.3964 |
| December 31, 2014 | 0.3743 |
| September 30, 2014 | 0.5585 |
| June 30, 2014 | 0.5184 |
| March 31, 2014 | 0.4571 |
| December 31, 2013 | 0.3921 |
| September 30, 2013 | 0.5534 |
| June 30, 2013 | 0.3792 |
| March 31, 2013 | 0.3805 |
| December 31, 2012 | 0.3738 |
| September 30, 2012 | 0.4711 |
| June 30, 2012 | 0.3973 |
| March 31, 2012 | 0.7326 |
| December 31, 2011 | 0.6474 |
| September 30, 2011 | 0.7096 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2366
Minimum
Mar 2022
0.4792
Maximum
Dec 2022
0.3368
Average
0.3429
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Fulton Financial Corp | 0.8326 |
| Mercantile Bank Corp | 1.162 |
| Peoples Bancorp Inc (Marietta OH) | 0.5555 |
| Southside Bancshares Inc | 1.134 |
| TriCo Bancshares | 0.6327 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 18.41B |
| Total Liabilities (Quarterly) | 16.16B |
| Shareholders Equity (Quarterly) | 2.248B |
| Current Ratio | 12.90 |
| Net Debt Paydown Yield | -0.69% |