Mercantile Long Term Investments vs Total Stockholder Equity Analysis
MBWM Stock | USD 50.05 0.48 0.95% |
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 Long Term Investments and its Total Stockholder Equity 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.
Long Term Investments vs Total Stockholder Equity
Long Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercantile Bank Long Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mercantile Bank's Long Term Investments and Total Stockholder Equity is 0.12. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Stockholder Equity 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 Long Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Mercantile Bank are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Investments i.e., Mercantile Bank's Long Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Mercantile Bank balance sheet that represents investments Mercantile Bank intends to hold for over a year. Mercantile Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 10.47, while Tax Provision is likely to drop about 15 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.4M | 23.6M | 77.8M | 81.7M | Depreciation And Amortization | 13.7M | 12.9M | 11.5M | 12.1M |
Mercantile Bank fundamental ratios Correlations
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Mercantile Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mercantile Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 4.4B | 5.3B | 4.9B | 5.4B | 5.6B | |
Short Long Term Debt Total | 400.9M | 441.6M | 495.9M | 445.8M | 606.5M | 636.9M | |
Other Current Liab | (22.4M) | (24.3M) | (24.6M) | (78.2M) | 1.9B | 2.0B | |
Total Current Liabilities | 22.4M | 24.3M | 24.6M | 78.2M | 1.9B | 2.0B | |
Total Stockholder Equity | 416.6M | 441.6M | 456.6M | 441.4M | 522.1M | 548.3M | |
Net Debt | 167.2M | (184.4M) | (479.3M) | 349.1M | 476.0M | 499.8M | |
Cash | 233.7M | 626.0M | 975.2M | 96.8M | 130.5M | 131.8M | |
Other Assets | 2.6B | 2.9B | 3.0B | 3.5B | 12.9M | 13.5M | |
Cash And Short Term Investments | 568.4M | 1.0B | 1.6B | 699.7M | 130.5M | 124.0M | |
Common Stock Shares Outstanding | 16.4M | 16.3M | 16.0M | 15.9M | 16.0M | 11.8M | |
Liabilities And Stockholders Equity | 3.6B | 4.4B | 5.3B | 4.9B | 5.4B | 5.6B | |
Other Stockholder Equity | (305K) | (5.5B) | 285.8M | (65.3M) | (75.1M) | (78.9M) | |
Total Liab | 3.2B | 4.0B | 4.8B | 4.4B | 4.8B | 5.1B | |
Total Current Assets | 568.4M | 1.0B | 1.6B | 699.7M | 130.5M | 124.0M | |
Property Plant And Equipment Net | 57.3M | 59.0M | 57.3M | 51.5M | 50.9M | 37.2M | |
Retained Earnings | 107.8M | 134.0M | 174.5M | 216.3M | 277.5M | 291.4M | |
Non Current Assets Total | 445.3M | 498.2M | 700.9M | 704.5M | 5.2B | 3.9B | |
Non Currrent Assets Other | (7.4M) | (11.6M) | (11.6M) | (28.9M) | 4.5B | 2.6B | |
Common Stock Total Equity | 305.0M | 302.0M | 285.8M | 290.4M | 334.0M | 221.9M | |
Non Current Liabilities Total | 400.9M | 441.6M | 495.9M | 78.2M | 2.9B | 3.0B | |
Property Plant And Equipment Gross | 57.3M | 59.0M | 94.3M | 90.3M | 94.7M | 99.5M | |
Accumulated Other Comprehensive Income | 3.7M | 5.5M | (3.7M) | (65.3M) | (50.5M) | (48.0M) | |
Common Stock | 305.0M | 302.0M | 285.8M | 290.4M | 295.1M | 280.4M | |
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 | 46.9M | 47.6M | 495.9M | 445.8M | 606.5M | 636.9M | |
Short Term Investments | 334.7M | 387.3M | 592.7M | 602.9M | 617.1M | 647.9M | |
Property Plant Equipment | 57.3M | 59.0M | 57.3M | 51.5M | 59.2M | 37.9M | |
Short Term Debt | 142.7M | 138.4M | 291.5M | 275.8M | 321.7M | 337.8M | |
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 | |
Inventory | 2.3M | 811K | 452K | 701K | 806.2K | 831.6K | |
Long Term Investments | 3.2B | 3.6B | 592.7M | 602.9M | 617.1M | 586.2M | |
Non Current Liabilities Other | 102.7M | 118.4M | 197.5M | 194.3M | 223.5M | 137.1M | |
Intangible Assets | 3.8M | 2.4M | 1.4M | 583K | 11.3M | 6.0M | |
Other Current Assets | 244.1M | 637.6M | 984.5M | 112.2M | 150.2M | 142.7M |
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Try AI Portfolio ArchitectCheck 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 (0.07) | Dividend Share 1.4 | Earnings Share 4.96 | Revenue Per Share 13.795 | Quarterly Revenue Growth 0.036 |
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.