Mercantile Bank Corp Ratios

Ratios Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Profitability
Gross Margin 78.71%96.78%49.73%
EBT Margin -79.12%-20.37%203.54%55.86%455.49%28.70%33.13%1,096.00%968.13%967.91%1,020.42%918.27%980.79%922.47%1,152.11%1,114.23%
EBIT Margin 11.85%28.10%-755.53%-25.02%-610.22%10.04%11.60%383.59%338.84%203.27%214.30%192.83%205.97%193.71%241.95%233.99%
Operating Margin -755.53%-25.02%-610.22%10.04%11.60%383.59%338.84%203.27%214.30%192.83%205.97%193.71%241.95%233.99%
Net Margin -89.81%-22.28%726.62%35.37%308.79%19.74%23.05%745.98%657.02%777.96%834.70%668.06%785.27%726.75%899.50%897.81%
FCF Margin 441.29%50.60%514.07%13.97%29.79%761.50%698.36%1,035.10%527.98%483.64%784.61%1,422.16%672.27%1,049.63%
Efficiency
Assets Average 1,424.95M3,184.64M3,325.31M3,498.41M4,035.13M4,847.55M5,065.18M5,112.92M5,702.69M
Equity Average 155.79M149.96M353.34M370.56M395.90M429.06M449.06M448.98M481.78M553.34M
Invested Capital 165.00M1,091.55M1,047.66M1,905.20M2,021.86M1,949.17M2,182.03M2,419.70M2,861.80M2,549.47M3,175.42M4,018.37M
Asset Utilization Ratio 0.000.000.000.000.000.000.000.000.00
Leverage & Solvency
Interest Coverage Ratio 0.130.58-1.89-0.62-3.120.781.221.301.020.500.380.440.800.670.280.16
Debt to Equity 0.440.450.510.600.930.850.890.820.700.900.66
Debt Ratio 0.050.050.060.070.100.100.090.070.060.090.06
Equity Ratio 0.100.110.110.110.110.110.100.090.090.100.10
Times Interest Earned 0.130.58-1.89-0.62-3.120.781.221.301.020.500.380.440.800.670.280.16
Dividends & Payouts
FCF Payout Ratio 0.070.050.141.990.270.570.360.500.550.620.310.170.350.24
Valuation
Enterprise Value 26.46M70.49M7.53M-128.13M-98.54M321.05M399.17M94.44M41.27M393.60M362.05M-185.94M-430.83M408.25M489.03M360.74M
Market Capitalization 83.90M142.54M187.91M321.05M399.17M614.59M583.31M468.95M595.78M441.07M548.94M531.20M647.07M780.54M
Return Ratios
Return on Sales -0.88%-0.20%7.54%0.39%3.09%0.20%0.23%7.27%6.57%7.78%8.35%6.68%7.85%7.27%8.99%8.98%
Return on Invested Capital -0.01%-0.02%0.01%0.00%0.01%0.00%0.00%0.00%0.01%0.00%
Return on Assets 0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.02%0.01%
Return on Equity 0.08%0.11%0.09%0.11%0.12%0.09%0.13%0.13%0.17%0.14%