Mackinac Financial Corp Asset Turnover Ratio (MFNC), as of second quarter 2021, current and historic results, rankings and more - CSIMarket
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Mackinac Financial Corp  (NASDAQ: MFNC)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Mackinac Financial Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Mackinac Financial's asset turnover ratio has remained unchanged compare to previous quarter at 0.04 in the second quarter (Jun 30 2021)

Within sector 22 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2021 compared to the preceding quarter from 888 to 899.

Asset Turnover Ratio Definition



MFNC Asset Turnover Ratio (Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
Y / Y Asset Change 0.03 % 11.2 % 13.76 % 19.68 % 19.56 %
Y / Y Revenue Change -6.49 % 5.86 % 7.35 % 4.07 % 12.2 %
Asset Turnover Ratio (TTM) 0.04 0.04 0.04 0.04 0.05
MFNC's Total Ranking # 899 # 888 # 888 # 890 # 878
Seq. Asset Change 0.71 % 0.43 % -1.39 % 0.29 % 11.95 %
Seq. Revenue Change -3.01 % -0.93 % 3.23 % -5.72 % 9.79 %



Asset Turnover Ratio Company Ranking
Within: No.
Regional Banks Industry # 23
Financial Sector # 183
Overall Market # 899

Asset Turnover Ratio Statistics
High Average Low
14.7 12.31 8.06
(Mar 31 2016)   (Sep 30 2014)







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