Mercantile Current Deferred Revenue vs Long Term Debt Analysis

MBWM Stock

USD 39.50 0.12 0.30%

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 Current Deferred Revenue and its Long Term Debt 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 tightly coupled 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.

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercantile Bank Current Deferred Revenue account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Mercantile Bank's Current Deferred Revenue and Long Term Debt is -0.67. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt 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 Current Deferred Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mercantile Bank are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Mercantile Bank's Current Deferred Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt

Long-term debt is a debt that Mercantile Bank has held for over one year. Long-term debt appears on Mercantile Bank balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mercantile Bank balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 tightly coupled 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 Sales General And Administrative To Revenue is very stable compared to the past year. As of the 8th of May 2024, Enterprise Value Over EBITDA is likely to grow to 123.86, while Tax Provision is likely to drop about 15 M.

	2021	2022	2023	2024 (projected)
Interest Expense	19.4M	23.6M	22.4M	23.4M
Depreciation And Amortization	13.7M	12.9M	11.5M	5.8M

Interest Expense Depreciation And Amortization

Mercantile Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Property Plant And Equipment Gross	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.9	0.31	0.52	0.98	0.33	0.53	0.32	0.41	0.73	-0.21	1.0	-0.31	0.79	0.91	-0.24	-0.21	0.86	0.71	0.64	0.97	0.76	0.77	-0.35	0.78	0.96
Short Long Term Debt Total	0.9		0.61	0.79	0.87	0.6	0.31	0.25	0.05	0.46	-0.15	0.9	-0.27	0.51	0.96	-0.16	-0.13	0.69	0.45	0.87	0.89	0.5	0.88	-0.13	0.85	0.84
Other Current Liab	0.31	0.61		0.89	0.29	0.69	-0.2	0.1	-0.58	-0.19	0.08	0.31	-0.14	-0.15	0.52	-0.02	0.03	0.07	-0.11	0.85	0.39	-0.07	0.61	0.08	0.63	0.35
Total Current Liabilities	0.52	0.79	0.89		0.49	0.79	-0.13	0.1	-0.49	-0.01	0.06	0.52	-0.13	0.0	0.73	0.0	0.06	0.32	0.05	0.98	0.57	0.1	0.81	0.11	0.77	0.54
Total Stockholder Equity	0.98	0.87	0.29	0.49		0.37	0.46	0.35	0.36	0.8	-0.21	0.97	-0.34	0.84	0.86	-0.28	-0.24	0.92	0.8	0.62	0.93	0.85	0.74	-0.41	0.68	0.94
Net Debt	0.33	0.6	0.69	0.79	0.37		-0.57	0.06	-0.69	0.04	0.21	0.33	-0.08	-0.04	0.55	0.01	0.06	0.27	0.09	0.74	0.38	0.13	0.79	0.06	0.5	0.36
Cash	0.53	0.31	-0.2	-0.13	0.46	-0.57		0.18	0.87	0.43	-0.41	0.53	-0.17	0.57	0.34	-0.18	-0.21	0.39	0.36	0.02	0.47	0.36	-0.03	-0.2	0.28	0.43
Other Assets	0.32	0.25	0.1	0.1	0.35	0.06	0.18		0.18	0.32	-0.05	0.31	-1.0	0.3	0.28	-0.99	-0.98	0.45	0.3	0.13	0.27	0.31	0.21	0.11	0.16	0.32
Cash And Short Term Investments	0.41	0.05	-0.58	-0.49	0.36	-0.69	0.87	0.18		0.55	-0.31	0.41	-0.16	0.66	0.13	-0.21	-0.25	0.41	0.47	-0.35	0.34	0.47	-0.18	-0.29	0.04	0.35
Common Stock Shares Outstanding	0.73	0.46	-0.19	-0.01	0.8	0.04	0.43	0.32	0.55		-0.17	0.72	-0.29	0.95	0.45	-0.28	-0.26	0.86	0.97	0.14	0.62	0.96	0.33	-0.61	0.22	0.67
Other Stockholder Equity	-0.21	-0.15	0.08	0.06	-0.21	0.21	-0.41	-0.05	-0.31	-0.17		-0.21	0.06	-0.3	-0.15	0.06	0.07	-0.15	-0.14	0.0	-0.07	-0.15	-0.02	0.05	0.11	-0.06
Total Liab	1.0	0.9	0.31	0.52	0.97	0.33	0.53	0.31	0.41	0.72	-0.21		-0.31	0.78	0.91	-0.23	-0.21	0.85	0.7	0.63	0.98	0.75	0.78	-0.34	0.79	0.97
Total Current Assets	-0.31	-0.27	-0.14	-0.13	-0.34	-0.08	-0.17	-1.0	-0.16	-0.29	0.06	-0.31		-0.28	-0.3	0.99	0.97	-0.43	-0.27	-0.15	-0.27	-0.28	-0.22	-0.13	-0.18	-0.31
Property Plant And Equipment Net	0.79	0.51	-0.15	0.0	0.84	-0.04	0.57	0.3	0.66	0.95	-0.3	0.78	-0.28		0.51	-0.27	-0.25	0.84	0.95	0.16	0.69	0.94	0.34	-0.62	0.29	0.73
Retained Earnings	0.91	0.96	0.52	0.73	0.86	0.55	0.34	0.28	0.13	0.45	-0.15	0.91	-0.3	0.51		-0.2	-0.17	0.69	0.42	0.79	0.93	0.47	0.91	-0.03	0.9	0.88
Non Current Assets Total	-0.24	-0.16	-0.02	0.0	-0.28	0.01	-0.18	-0.99	-0.21	-0.28	0.06	-0.23	0.99	-0.27	-0.2		0.99	-0.39	-0.26	-0.03	-0.19	-0.27	-0.12	-0.13	-0.07	-0.24
Non Currrent Assets Other	-0.21	-0.13	0.03	0.06	-0.24	0.06	-0.21	-0.98	-0.25	-0.26	0.07	-0.21	0.97	-0.25	-0.17	0.99		-0.34	-0.21	0.04	-0.16	-0.23	-0.07	-0.13	-0.03	-0.19
Net Receivables	0.86	0.69	0.07	0.32	0.92	0.27	0.39	0.45	0.41	0.86	-0.15	0.85	-0.43	0.84	0.69	-0.39	-0.34		0.86	0.45	0.78	0.9	0.6	-0.32	0.48	0.84
Common Stock Total Equity	0.71	0.45	-0.11	0.05	0.8	0.09	0.36	0.3	0.47	0.97	-0.14	0.7	-0.27	0.95	0.42	-0.26	-0.21	0.86		0.19	0.62	0.98	0.35	-0.66	0.23	0.69
Non Current Liabilities Total	0.64	0.87	0.85	0.98	0.62	0.74	0.02	0.13	-0.35	0.14	0.0	0.63	-0.15	0.16	0.79	-0.03	0.04	0.45	0.19		0.67	0.25	0.82	0.0	0.79	0.63
Property Plant And Equipment Gross	0.97	0.89	0.39	0.57	0.93	0.38	0.47	0.27	0.34	0.62	-0.07	0.98	-0.27	0.69	0.93	-0.19	-0.16	0.78	0.62	0.67		0.66	0.82	-0.3	0.88	0.98
Common Stock	0.76	0.5	-0.07	0.1	0.85	0.13	0.36	0.31	0.47	0.96	-0.15	0.75	-0.28	0.94	0.47	-0.27	-0.23	0.9	0.98	0.25	0.66		0.4	-0.68	0.27	0.74
Other Liab	0.77	0.88	0.61	0.81	0.74	0.79	-0.03	0.21	-0.18	0.33	-0.02	0.78	-0.22	0.34	0.91	-0.12	-0.07	0.6	0.35	0.82	0.82	0.4		0.0	0.86	0.8
Accounts Payable	-0.35	-0.13	0.08	0.11	-0.41	0.06	-0.2	0.11	-0.29	-0.61	0.05	-0.34	-0.13	-0.62	-0.03	-0.13	-0.13	-0.32	-0.66	0.0	-0.3	-0.68	0.0		0.01	-0.33
Long Term Debt	0.78	0.85	0.63	0.77	0.68	0.5	0.28	0.16	0.04	0.22	0.11	0.79	-0.18	0.29	0.9	-0.07	-0.03	0.48	0.23	0.79	0.88	0.27	0.86	0.01		0.83
Short Term Investments	0.96	0.84	0.35	0.54	0.94	0.36	0.43	0.32	0.35	0.67	-0.06	0.97	-0.31	0.73	0.88	-0.24	-0.19	0.84	0.69	0.63	0.98	0.74	0.8	-0.33	0.83

Click cells to compare fundamentals

Mercantile Bank Account Relationship Matchups

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	840.0M	881.9M
Other Current Liab	(22.4M)	(24.3M)	(24.6M)	(78.2M)	1.6B	1.7B
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	709.4M	744.9M
Cash	233.7M	626.0M	975.2M	96.8M	130.5M	131.8M
Other Assets	2.6B	2.9B	3.0B	3.5B	1.0	1.05
Cash And Short Term Investments	568.4M	1.0B	1.6B	699.7M	(70.4M)	(66.9M)
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	150.2M	142.7M
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)	5.0B	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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mercantile Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mercantile Bank's short interest history, or implied volatility extrapolated from Mercantile Bank options trading.

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:

How To Invest In Mercantile

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Is Mercantile Stock a good investment?

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What is Mercantile Bank's Net Worth?

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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 tightly coupled 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Mercantile Stock analysis

When running Mercantile Bank's price analysis, check to measure Mercantile Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercantile Bank is operating at the current time. Most of Mercantile Bank's value examination focuses on studying past and present price action to predict the probability of Mercantile Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercantile Bank's price. Additionally, you may evaluate how the addition of Mercantile Bank to your portfolios can decrease your overall portfolio volatility.

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Is Mercantile Bank's industry 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

0.021

Dividend Share

1.36

Earnings Share

5.16

Revenue Per Share

13.722

Quarterly Revenue Growth

0.04

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.

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Mercantile Current Deferred Revenue vs Long Term Debt Analysis

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Long Term Debt

Mercantile Bank fundamental ratios Correlations

Mercantile Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercantile Bank fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Mercantile Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Total Current Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.98	Total Liab

Total Current Assets	- 1.0	Other Assets
Non Current Assets Total	- 0.99	Other Assets
Non Currrent Assets Other	- 0.98	Other Assets
Cash And Short Term Investments	- 0.69	Net Debt
Accounts Payable	- 0.68	Common Stock
Accounts Payable	- 0.66	Common Stock Total Equity