Mercantile Bank Corp (MBWM)
39.68
+0.12
(+0.30%)
USD |
NASDAQ |
May 09, 16:00
39.75
+0.07
(+0.18%)
After-Hours: 20:00
Mercantile Bank Debt to Equity Ratio: 1.092 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.092 |
| December 31, 2023 | 1.162 |
| September 30, 2023 | 1.234 |
| June 30, 2023 | 1.266 |
| March 31, 2023 | 1.104 |
| December 31, 2022 | 1.010 |
| September 30, 2022 | 1.142 |
| June 30, 2022 | 1.164 |
| March 31, 2022 | 1.189 |
| December 31, 2021 | 1.086 |
| September 30, 2021 | 0.9774 |
| June 30, 2021 | 0.9779 |
| March 31, 2021 | 1.001 |
| December 31, 2020 | 1.00 |
| September 30, 2020 | 1.022 |
| June 30, 2020 | 1.038 |
| March 31, 2020 | 1.054 |
| December 31, 2019 | 0.9624 |
| September 30, 2019 | 1.009 |
| June 30, 2019 | 1.051 |
| March 31, 2019 | 1.122 |
| December 31, 2018 | 1.056 |
| September 30, 2018 | 0.7538 |
| June 30, 2018 | 0.7358 |
| March 31, 2018 | 0.7213 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.7257 |
| September 30, 2017 | 0.7319 |
| June 30, 2017 | 0.8117 |
| March 31, 2017 | 0.7183 |
| December 31, 2016 | 0.645 |
| September 30, 2016 | 0.6371 |
| June 30, 2016 | 0.6457 |
| March 31, 2016 | 0.4204 |
| December 31, 2015 | 0.3689 |
| September 30, 2015 | 0.374 |
| June 30, 2015 | 0.3125 |
| March 31, 2015 | 0.3085 |
| December 31, 2014 | 0.3306 |
| September 30, 2014 | 0.3468 |
| June 30, 2014 | 0.3971 |
| March 31, 2014 | 0.4946 |
| December 31, 2013 | 0.5087 |
| September 30, 2013 | 0.5205 |
| June 30, 2013 | 0.4504 |
| March 31, 2013 | 0.4542 |
| December 31, 2012 | 0.4638 |
| September 30, 2012 | 0.4802 |
| June 30, 2012 | 0.4638 |
| March 31, 2012 | 0.4752 |
| December 31, 2011 | 0.4814 |
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
0.9624
Minimum
Dec 2019
1.266
Maximum
Jun 2023
1.077
Average
1.053
Median
Debt to Equity Ratio Benchmarks
| First Merchants Corp | 0.3287 |
| Fulton Financial Corp | 0.8326 |
| Bank OZK | 0.1275 |
| Peoples Bancorp Inc (Marietta OH) | 0.4675 |
| Southside Bancshares Inc | 1.173 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.466B |
| Total Liabilities (Quarterly) | 4.929B |
| Shareholders Equity (Quarterly) | 536.64M |
| Current Ratio | 3.702 |
| Net Debt Paydown Yield | -4.52% |