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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Merchants (FRME) Debt Ratio (2016 - 2025)

First Merchants' Debt Ratio history spans 10 years, with the latest figure at 0.0 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 40.69% year-over-year to 0.0; the TTM value through Dec 2025 reached 0.0, down 40.69%, while the annual FY2025 figure was 0.0, 40.69% down from the prior year.
  • Debt Ratio reached 0.0 in Q4 2025 per FRME's latest filing, down from 0.04 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.05 in Q1 2025 to a low of 0.0 in Q4 2025.
  • Average Debt Ratio over 5 years is 0.03, with a median of 0.02 recorded in 2021.
  • Peak YoY movement for Debt Ratio: tumbled 81.16% in 2023, then surged 732.52% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.02 in 2021, then surged by 111.66% to 0.05 in 2022, then crashed by 81.16% to 0.01 in 2023, then crashed by 40.74% to 0.01 in 2024, then tumbled by 40.69% to 0.0 in 2025.
  • Per Business Quant, the three most recent readings for FRME's Debt Ratio are 0.0 (Q4 2025), 0.04 (Q3 2025), and 0.05 (Q2 2025).