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. All three financial statements should be used to measure the financial performance of the company, and should form a part of the FirstMerit stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. FirstMerit had a long term debt of $1.09B at the end of 2015. FirstMerit operating cash flow was $313.7M while FirstMerit revenue stood at $1.07B. 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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Most investors just check the FirstMerit stock price, and FirstMerit historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the FirstMerit PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like FirstMerit owns and has monetary significance. FMER assets grew from $24.9B in 2014 to $25.52B in 2015 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case FirstMerit's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for FMER stock stand at $22.58B.
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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