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First Merchants (STU:FM5) Debt-to-Revenue : 1.19 (As of Mar. 2024)


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What is First Merchants Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

First Merchants's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. First Merchants's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €672.9 Mil. First Merchants's annualized Revenue for the quarter that ended in Mar. 2024 was €565.6 Mil. First Merchants's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.19.


First Merchants Debt-to-Revenue Historical Data

The historical data trend for First Merchants's Debt-to-Revenue 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-Revenue Chart

First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.03 0.87 1.55 1.34

First Merchants Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.33 1.35 1.39 1.19

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

For the Banks - Regional subindustry, First Merchants's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Banks Industry

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

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



First Merchants Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

First Merchants's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 799.162) / 596.969
=1.34

First Merchants's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 672.879) / 565.62
=1.19

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


First Merchants Debt-to-Revenue Related Terms

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First Merchants (STU:FM5) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
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 that is community banking.

First Merchants (STU:FM5) Headlines

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