What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

Mercantile Bank Corporation MBWM Debt-to-equity

Discontinued — last reported Q4 '15

Debt-to-equity at other companies

Fifth Third BankFITB

0.6×-0.1×

Huntington BancsharesHBAN

0.7×-0.2×

First Merchants CorporationFRME

0.6×0.0×

Stock Yards BancorpSYBT

0×0.0×

Amerant BancorpAMTB

0.1×0.0×

Shore BancsharesSHBI

0×0.0×

Other financials

Income statement

See full

Revenue$67.6M+18.1%

Net income$22.7M+16.1%

EPS (diluted)$1.32+9.1%

Cash flow

See full

Operating cash flow$28.3M+1,051%

CapEx$938.0K-39.0%

Free cash flow$27.4M+706%

Valuation

See full

Market cap$963.74M+35.3%

P/E10.5×+1.3×

P/S3.8×+0.7×

Profitability

See full

Net margin36.3%+2.7pp

FCF margin17%—

Returns & leverage

See full

Return on equity8.6%—

Where this comes from

Calculated from Mercantile Bank Corporation’s reported figures.

total debt/total stockholders equity=0×

Based on the most recent quarter.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 6, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does debt-to-equity mean?: Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.