Mercantile Bank Corp (MBWM)
45.43
+0.56
(+1.25%)
USD |
NASDAQ |
Dec 20, 16:00
45.53
+0.10
(+0.22%)
After-Hours: 20:00
Mercantile Bank Debt to Equity Ratio: 0.954 for Sept. 30, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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
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Debt to Equity Ratio Benchmarks
| CVB Financial Corp | 0.2275 |
| Independent Bank Corp | 0.2228 |
| Bar Harbor Bankshares Inc | 0.5211 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.917B |
| Total Liabilities (Quarterly) | 5.334B |
| Shareholders Equity (Quarterly) | 583.31M |
| Current Ratio | 4.671 |
| Net Debt Paydown Yield | 1.40% |