First Historical Balance Sheet
FRME Stock | USD 44.97 0.92 2.09% |
Trend analysis of First Merchants balance sheet accounts such as Short and Long Term Debt Total of 915.1 M or Other Current Liab of 10.7 B provides information on First Merchants' total assets, liabilities, and equity, which is the actual value of First Merchants to its prevalent stockholders. By breaking down trends over time using First Merchants balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining First Merchants latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Merchants is a good buy for the upcoming year.
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About First Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of First Merchants at a specified time, usually calculated after every quarter, six months, or one year. First Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Merchants and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.
First Merchants Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of First Merchants assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Merchants books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on First Merchants balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Merchants are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from First Merchants' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Merchants' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 915.1 M, whereas Non Currrent Assets Other are projected to grow to (4.5 B).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.0B | 2.1B | 871.5M | 915.1M | Total Assets | 15.5B | 17.9B | 18.4B | 19.3B |
First Merchants balance sheet Correlations
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First Merchants Account Relationship Matchups
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First Merchants balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 51.6M | 54.2M | 54.0M | 58.0M | 59.5M | 62.5M | |
Total Assets | 12.5B | 14.1B | 15.5B | 17.9B | 18.4B | 19.3B | |
Short Long Term Debt Total | 489.8M | 920.7M | 1.0B | 2.1B | 871.5M | 915.1M | |
Other Current Liab | (6.8M) | (3.3M) | (2.8M) | (7.5M) | 10.2B | 10.7B | |
Total Current Liabilities | 6.8M | 3.3M | 2.8M | 7.5M | 10.4B | 10.9B | |
Total Stockholder Equity | 1.8B | 1.9B | 1.9B | 2.0B | 2.2B | 2.4B | |
Property Plant And Equipment Net | 113.1M | 111.1M | 105.7M | 117.1M | 152.8M | 160.4M | |
Net Debt | 194.3M | (77.4M) | (188.6M) | 726.3M | 322.8M | 179.2M | |
Retained Earnings | 696.5M | 788.6M | 864.8M | 1.0B | 1.2B | 1.2B | |
Cash | 295.5M | 585.2M | 641.3M | 248.7M | 112.6M | 151.4M | |
Non Current Assets Total | 3.3B | 3.8B | 5.2B | 5.1B | 20.8B | 21.8B | |
Non Currrent Assets Other | (12.2M) | (12.3M) | (5.2B) | (111.2M) | (4.7B) | (4.5B) | |
Other Assets | 7.0B | 7.7B | 7.2B | 12.5B | (4.2B) | (4.0B) | |
Cash And Short Term Investments | 2.1B | 2.5B | 3.0B | 248.7M | 1.7B | 1.8B | |
Net Receivables | 48.9M | 53.9M | 57.2M | 85.1M | 97.7M | 102.5M | |
Liabilities And Stockholders Equity | 12.5B | 14.1B | 15.5B | 17.9B | 18.4B | 19.3B | |
Other Stockholder Equity | 1.1B | 1.0B | 985.8M | 1.2B | 1.2B | 1.3B | |
Total Liab | 10.7B | 12.2B | 13.5B | 15.9B | 16.2B | 17.0B | |
Property Plant And Equipment Gross | 113.1M | 111.1M | 312.6M | 344.7M | 360.4M | 378.4M | |
Total Current Assets | 2.1B | 2.6B | 3.0B | 333.7M | 1.8B | 2.7B | |
Short Term Debt | 287.8M | 235.7M | 373.7M | 803.5M | 224.0M | 282.6M | |
Accounts Payable | 6.8M | 3.3M | 2.8M | 7.5M | 18.9M | 19.9M | |
Other Current Assets | 364.1M | 652.4M | 734.7M | 451.4M | 751.1M | 713.6M | |
Accumulated Other Comprehensive Income | 27.9M | 74.8M | 55.1M | (239.2M) | (176.0M) | (167.2M) | |
Non Current Liabilities Total | 489.8M | 507.8M | 452.7M | 7.5M | 16.2B | 17.0B | |
Common Stock Total Equity | 6.9M | 6.7M | 6.7M | 7.4M | 8.5M | 4.3M | |
Common Stock | 6.9M | 6.7M | 6.7M | 7.4M | 7.4M | 4.4M | |
Other Liab | 40.7M | 141.8M | 171.0M | 81.2M | 93.4M | 51.6M | |
Long Term Debt | 138.7M | 684.9M | 452.7M | 975.0M | 871.5M | 915.1M | |
Short Term Investments | 1.8B | 1.9B | 2.3B | 2.0B | 1.6B | 1.7B | |
Intangible Assets | 35.0M | 29.0M | 25.5M | 35.8M | 27.1M | 44.7M | |
Property Plant Equipment | 120.6M | 112.0M | 105.7M | 123.5M | 142.1M | 79.8M | |
Inventory | (364.1M) | (652.4M) | (734.7M) | (451.4M) | 15.0M | 15.7M | |
Net Tangible Assets | 1.2B | 1.3B | 1.3B | 1.3B | 1.5B | 883.4M | |
Capital Surpluse | 1.1B | 1.0B | 985.8M | 1.2B | 1.4B | 760.8M | |
Long Term Investments | 11.0B | 12.3B | 4.5B | 4.3B | 3.8B | 6.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Merchants. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1.38 | Earnings Share 3.01 | Revenue Per Share 10.11 | Quarterly Revenue Growth (0.05) |
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.