FirstMerit Balance Sheet - Annual (NASDAQ:FMER)

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$21.61 $0 (0%) FMER stock closing price Aug 16, 2016 (Closing)

The financial analysis of a company like FirstMerit involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our FirstMerit stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. FirstMerit revenue was $1.07B and FirstMerit operating cash flow was $313.7M for 2015. The balance sheet shows total liabilities of $22.58B and shareholders equity of $2.94B. View latest and last 10 year balance sheet data to check FirstMerit financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash463.81M697.42M917.82M258.01M377.31M523.11M161.03M178.4M207.33M200.2M
Marketable Securities----------
Receivables17.14B16.4B15.38B10.24B9.74B9.62B7.35B7.86B7.43B7.28B
Inventory5.47M13.42M11.62M23.68M30.07M41.34M16.82M11.14M47.34M95.27M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
FirstMerit Total Current Assets
17.61B17.11B16.3B10.52B10.15B10.19B7.53B8.05B7.68B7.58B
Property Plant & Equipment-674.38M639.53M464.48M461.56M443.61M349.42M347.3M--
Accumulated Depreciation-342.08M312.48M283.33M268.62M245.74M224.22M214.11M--
FirstMerit Net Property Plant & Equipment
319.48M332.29M327.05M181.14M192.94M197.86M125.2M133.18M113.99M122.95M
Investment & Advances6.79B6.6B6.39B3.68B3.58B3.21B2.74B2.77B2.46B2.41B
Other Non-Current Assets2.13M49.64M65.23M59.85M54.5M54.71M----
Deferred Charges----------
Intangibles802.36M812.76M822.57M466.41M468.28M489.51M140.75M140.64M141.22M142.11M
Deposits & Other Assets----------
FirstMerit Total Assets
25.52B24.9B23.91B14.91B14.44B14.14B10.54B11.1B10.4B10.25B
Notes Payable1.04B1.27B851.53M1.1B866.26M777.58M996.34M921.39M1.26B1.26B
Accounts Payable20.11B19.5B19.53B11.76B11.43B11.27B7.52B7.6B7.33B7.5B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses353.61M357.54M295.96M266.97M374.41M257.59M222.02M298.91M190.74M181.49M
Income Taxes Payable----------
Other Current Liabilities----------
FirstMerit Total Current Liabilities
21.5B21.13B20.68B13.13B12.67B12.3B8.73B8.82B8.78B8.94B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt1.09B933.26M525.02M136.88M203.46M326M740.1M1.34B705.12M464.22M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
FirstMerit Total Liabilities
22.58B22.07B21.21B13.27B12.88B12.63B9.47B10.16B9.48B9.41B
Minority Interest----------
Preferred Stock100M100M100M-------
Common Stock Net127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M
Capital Surplus1.39B1.39B1.39B475.97M479.88M485.56M88.57M94.8M100.02M106.91M
Retained Earnings1.52B1.4B1.28B1.2B1.13B1.08B1.04B1.05B1.03B998.07M
Treasury Stock114.68M122.57M129.78M138.35M149.18M160.58M169.04M284.25M295.67M307.31M
Other Liabilities-79.27M-68.89M-63.87M-16.2M-23.88M-26.1M-25.45M-54.08M-43.08M-79.5M
FirstMerit Shareholders Equity
2.94B2.83B2.7B1.65B1.57B1.51B1.07B937.84M916.97M846.11M
FirstMerit Total Liabilities & Shareholders Equity
25.52B24.9B23.91B14.91B14.44B14.14B10.54B11.1B10.4B10.25B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at FirstMerit historical stock prices and the current FirstMerit stock price can tell you how the stock price has moved, whereas the FirstMerit PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: FMER total assets, which was at $25.52B for 2015 is a balance sheet item representing value of what FirstMerit owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for FirstMerit is $22.58B. Shareholders' equity comes under liabilities as it is money the company owes the holders of FMER stock.
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FirstMerit Balance Sheet - Key Ratios

Current ratio
0.82
Debt to Equity ratio
0.67
Asset Turnover
ratio
0.04
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.1920