MBINM.PFD (Merchants Bancorp) Debt-to-Asset : 0.19 (As of Sep. 2024)

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What is Merchants Bancorp Debt-to-Asset?

Merchants Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Merchants Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,568.72 Mil. Merchants Bancorp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $18,652.98 Mil. Merchants Bancorp's debt to asset for the quarter that ended in Sep. 2024 was 0.19.

Merchants Bancorp Debt-to-Asset Historical Data

The historical data trend for Merchants Bancorp'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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Merchants Bancorp Debt-to-Asset Chart

Merchants Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.03

0.13

0.10

0.08

0.06

Merchants Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.09	0.06	0.10	0.06	0.19

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

For the Banks - Regional subindustry, Merchants Bancorp'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.

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

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

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

Merchants Bancorp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Merchants Bancorp's Debt-to-Asset for the fiscal year that ended in Dec. 2023 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	+	964.127)	/	16952.516
	=	0.06

Merchants Bancorp's Debt-to-Asset for the quarter that ended in Sep. 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	+	3568.721)	/	18652.976
	=	0.19

Merchants Bancorp (NAS:MBINM.PFD) 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.

Merchants Bancorp Debt-to-Asset Related Terms

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Merchants Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Bancorp (NAS:MBINM.PFD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

MBINN.PFD:USA MBINO.PFD:USA MBIN:USA 3KD:Germany

Address

410 Monon Boulevard, Carmel, IN, USA, 46032

Website

https://www.merchantsbankofindiana.com

Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.