FRME (First Merchants) Debt-to-Asset : 0.05 (As of Dec. 2024)

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What is First Merchants Debt-to-Asset?

First Merchants's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.0 Mil. First Merchants's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $916.1 Mil. First Merchants's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $18,312.0 Mil. First Merchants's debt to asset for the quarter that ended in Dec. 2024 was 0.05.

First Merchants Debt-to-Asset Historical Data

The historical data trend for First Merchants's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Merchants Debt-to-Asset Chart

First Merchants Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.04

0.03

0.05

First Merchants Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.05	0.04	0.05	0.05	0.05

Competitive Comparison of First Merchants's Debt-to-Asset

For the Banks - Regional subindustry, First Merchants's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Merchants's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Merchants's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where First Merchants's Debt-to-Asset falls into.

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First Merchants Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Merchants's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	916.083)	/	18311.969
	=	0.05

First Merchants's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	916.083)	/	18311.969
	=	0.05

First Merchants (NAS:FRME) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

First Merchants Debt-to-Asset Related Terms

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First Merchants Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Merchants Corp (NAS:FRME) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FM5:Germany

Address

200 East Jackson Street, P.O. BOX 792, Muncie, IN, USA, 47305-2814

Website

https://www.firstmerchants.com

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.

Executives

Howard Halderman	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Michael J Stewart	officer: Executive Vice President, other: Chief Banking Officer	200 EAST JACKSON STREET, MUNCIE IN 47305
Patrick J. Fehring	director	32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Mark K Hardwick	officer: Senior Vice President, other: Chief Financial Officer	POST OFFICE BOX 792, MUNICE IN 47308-0792
Stephan Fluhler	officer: Chief Information Officer, other: Senior Vice President	200 EAST JACKSON STREET, MUNCIE IN 47305
Michael C Rechin	officer: Executive Vice President, other: Chief Operating Officer	13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi	director	200 E JACKSON ST, MUNCIE IN 47305
Kellogg Clark C Jr	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Gary Lehman	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang	director	200 E JACKSON ST, MUNCIE IN 47305
Charles E Schalliol	director	300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson	director	200 E JACKSON ST, MUNCIE IN 47305
Patrick A Sherman	director	609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball	officer: Chief Risk Officer	200 EAST JACKSON STREET, MUNCIE IN 47305