CSIMarket
 


Mackinac Financial Corp  (MFNC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Mackinac Financial's Total Debt to Equity

MFNC's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to debt repayement of -46.8% Mackinac Financial improved Total Debt to Equity in second quarter 2021 to 0.17, a new company low.

Within Regional Banks industry in the second quarter 2021, 71 other companies have achieved lower Total Debt to Equity than Mackinac Financial in the II Quarter 2021. While Total Debt to Equity total ranking has improved so far in the second quarter 2021 to 939, from total ranking in the first quarter 2021 at 1213 .

Explain Debt to Equity Ratio?
What is the structure of MFNC´s Total Debt?
How valuable is the MFNC´s Equity?


MFNC Total Debt to Equity (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 Equity Change 4.73 % 6.32 % 3.67 % 3.75 % 4 %
Y / Y Total Debt Change -75.15 % -20.35 % -1.66 % -9.38 % 147.59 %
Total Debt to Equity MRQ 0.17 0.31 0.38 0.38 0.7
MFNC's Total Ranking # 939 # 1213 # 1356 # 1302 # 1750
Seq. Equity Change 1.02 % 1.38 % 1.02 % 1.23 % 2.56 %
Seq. Total Debt Change -46.8 % -15.78 % -0.04 % -44.52 % 70.54 %



Total Debt to Equity second quarter 2021 Company Ranking
Within: No.
Regional Banks Industry # 72
Financial Sector # 216
Overall Market # 939


Total Debt to Equity Statistics
High Average Low
1.13 0.61 0.17
(Jun 30 2017)   (Jun 30 2021)




Financial Statements
Mackinac Financial's Equity $ 172 Millions Visit MFNC's Balance sheet
Mackinac Financial's Total Debt $ 28 Millions Visit MFNC's Balance sheet
Source of MFNC's Sales Visit MFNC's Sales by Geography


Cumulative Mackinac Financial's Total Debt to Equity

MFNC's Total Debt to Equity for the trailling 12 Months

MFNC Total Debt to Equity

(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 Equity TTM Growth 4.73 % 6.32 % 3.67 % 3.75 % 4 %
Y / Y Total Debt TTM Growth -75.15 % -20.35 % -1.66 % -9.38 % 147.59 %
Total Debt to Equity TTM 0.31 0.44 0.47 0.47 0.49
Total Ranking TTM # 961 # 0 # 0 # 0 # 321
Seq. Equity TTM Growth 1.02 % 1.38 % 1.02 % 1.23 % 2.56 %
Seq. Total Debt TTM Growth -46.8 % -15.78 % -0.04 % -44.52 % 70.54 %


On the trailing twelve months basis Due to debt repayement of -46.8% Mackinac Financial decreased Total Debt to Equity in the 12 months ending in II Quarter 2021 to 0.31, a new company low.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Regional Banks industry 64, during the past 12 months, other companies have achieved lower Total Debt to Equity than Mackinac Financial. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the II Quarter 2021, compared to the prior period, from 0 to 961.

Explain Debt to Equity Ratio?
What is the structure of MFNC´s Total Debt?
How valuable is the MFNC´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Regional Banks Industry # 65
Financial Sector # 194
Within the Market # 961


trailing twelve months Total Debt to Equity Statistics
High Average Low
1.05 0.64 0.31
(Mar 31 2018)   (Jun 30 2021)




Companies with similar Total Debt to Equity in the quarter ending Jun 30 2021, within Regional Banks Industry Total Debt to EquityJun 30 2021 MRQ Total DebtJun 30 2021 MRQ Equity
Western Alliance Bancorporation  0.44 $ 1,775.600  Millions$ 4,034.500  Millions
Csb Bancorp Inc  0.44 $ 42.045  Millions$ 96.012  Millions
Tristate Capital Holdings Inc   0.43 $ 345.600  Millions$ 794.568  Millions
Eagle Bancorp inc   0.41 $ 537.924  Millions$ 1,306.336  Millions
Trustco Bank Corp Ny  0.41 $ 237.791  Millions$ 578.593  Millions
Old Second Bancorp Inc  0.40 $ 127.735  Millions$ 315.938  Millions
First Mid Bancshares Inc   0.40 $ 245.720  Millions$ 616.066  Millions
Rbb Bancorp  0.39 $ 172.718  Millions$ 442.325  Millions
Partners Bancorp  0.38 $ 51.847  Millions$ 137.345  Millions
Enterprise Financial Services Corp  0.37 $ 412.735  Millions$ 1,118.301  Millions
Cnb Financial Corp  0.36 $ 154.136  Millions$ 429.949  Millions
First Keystone Corporation  0.35 $ 51.499  Millions$ 147.502  Millions
Cb Financial Services Inc   0.34 $ 45.054  Millions$ 132.536  Millions
Spirit Of Texas Bancshares Inc   0.34 $ 128.225  Millions$ 377.768  Millions
Tompkins Financial Corp  0.34 $ 245.000  Millions$ 728.253  Millions
Midland States Bancorp Inc   0.33 $ 214.891  Millions$ 648.186  Millions
Peoples Bancorp Of North Carolina Inc   0.32 $ 46.713  Millions$ 145.374  Millions
First Financial Bankshares Inc   0.32 $ 549.969  Millions$ 1,720.369  Millions
Acnb Corporation  0.32 $ 84.458  Millions$ 266.366  Millions
F and m Bank Corp   0.31 $ 31.309  Millions$ 100.212  Millions
First Busey Corporation  0.31 $ 419.937  Millions$ 1,345.691  Millions
Capital City Bank Group Inc   0.30 $ 101.807  Millions$ 335.880  Millions
Citizens Financial Group Inc  0.30 $ 7,019.000  Millions$ 23,199.000  Millions
River Financial Corporation  0.29 $ 49.802  Millions$ 172.077  Millions
First Citizens Bancshares Inc  0.28 $ 1,270.425  Millions$ 4,476.490  Millions
Cvb Financial Corp   0.28 $ 578.207  Millions$ 2,055.074  Millions
Peoples Bancorp Inc   0.28 $ 161.577  Millions$ 585.505  Millions
Quaint Oak Bancorp Inc  0.27 $ 9.125  Millions$ 33.201  Millions
Premier Financial Bancorp Inc   0.27 $ 67.751  Millions$ 249.185  Millions
Embassy Bancorp Inc   0.26 $ 30.392  Millions$ 115.881  Millions

Date modified: 2023-03-26T07:51:22+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com