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 involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our FirstMerit stock analysis. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our FirstMerit stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The FirstMerit balance sheet for 2015 shows cash on hand of $463.81M. The cash has decreased by $233.61M. FirstMerit revenue was $1.07B and FirstMerit operating cash flow was $313.7M. 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
Cash463.81M697.42M917.82M258.01M377.31M523.11M161.03M178.4M207.33M
Marketable Securities---------
Receivables17.14B16.4B15.38B10.24B9.74B9.62B7.35B7.86B7.43B
Inventory5.47M13.42M11.62M23.68M30.07M41.34M16.82M11.14M47.34M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets---------
FirstMerit Total Current Assets
17.61B17.11B16.3B10.52B10.15B10.19B7.53B8.05B7.68B
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
319.48M332.29M327.05M181.14M192.94M197.86M125.2M133.18M113.99M
Investment & Advances6.79B6.6B6.39B3.68B3.58B3.21B2.74B2.77B2.46B
Other Non-Current Assets2.13M49.64M65.23M59.85M54.5M54.71M---
Deferred Charges---------
Intangibles802.36M812.76M822.57M466.41M468.28M489.51M140.75M140.64M141.22M
Deposits & Other Assets---------
FirstMerit Total Assets
25.52B24.9B23.91B14.91B14.44B14.14B10.54B11.1B10.4B
Notes Payable1.04B1.27B851.53M1.1B866.26M777.58M996.34M921.39M1.26B
Accounts Payable20.11B19.5B19.53B11.76B11.43B11.27B7.52B7.6B7.33B
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses353.61M357.54M295.96M266.97M374.41M257.59M222.02M298.91M190.74M
Income Taxes Payable---------
Other Current Liabilities---------
FirstMerit Total Current Liabilities
21.5B21.13B20.68B13.13B12.67B12.3B8.73B8.82B8.78B
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt1.09B933.26M525.02M136.88M203.46M326M740.1M1.34B705.12M
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
FirstMerit Total Liabilities
22.58B22.07B21.21B13.27B12.88B12.63B9.47B10.16B9.48B
Minority Interest---------
Preferred Stock100M100M100M------
Common Stock Net127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M
Capital Surplus1.39B1.39B1.39B475.97M479.88M485.56M88.57M94.8M100.02M
Retained Earnings1.52B1.4B1.28B1.2B1.13B1.08B1.04B1.05B1.03B
Treasury Stock114.68M122.57M129.78M138.35M149.18M160.58M169.04M284.25M295.67M
Other Liabilities-79.27M-68.89M-63.87M-16.2M-23.88M-26.1M-25.45M-54.08M-43.08M
FirstMerit Shareholders Equity
2.94B2.83B2.7B1.65B1.57B1.51B1.07B937.84M916.97M
FirstMerit Total Liabilities & Shareholders Equity
25.52B24.9B23.91B14.91B14.44B14.14B10.54B11.1B10.4B
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: 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: The total liabilities of FirstMerit for 2015 total to $22.58B. Liabilities for a company like FirstMerit include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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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