FirstMerit Balance Sheet - Quarterly (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. Financial strength can be guaged by performing FirstMerit stock analysis and by analyzing the balance sheet. A company releases its balance sheet every quarter along with its quarterly results. FirstMerit had a long term debt of $994.83M at the end of 2016-Q2. FirstMerit operating cash flow was $138.76M while FirstMerit revenue stood at $266.46M. View FirstMerit quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Cash524.28M759.89M463.81M411.58M587.58M532.42M697.42M485.32M642.57M959.28M
Marketable Securities----------
Receivables17.55B17.32B17.14B16.91B16.81B16.61B16.4B16.3B16.04B15.67B
Inventory3.96M5.24M5.47M5.38M5.43M3.56M13.42M19.51M21.63M7.14M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
FirstMerit Total Current Assets
18.08B18.09B17.61B17.33B17.4B17.15B17.11B16.81B16.7B16.63B
Property Plant & Equipment------674.38M---
Accumulated Depreciation------342.08M---
FirstMerit Net Property Plant & Equipment
293.2M305.76M319.48M311.12M313.81M320.39M332.29M318.69M315.77M323.33M
Investment & Advances6.98B6.87B6.79B6.8B6.77B6.79B6.6B6.61B6.68B6.66B
Other Non-Current Assets0.94M0.78M2.13M1.98M1.06M43.66M49.64M51.43M51.07M59.84M
Deferred Charges----------
Intangibles797.76M800.06M802.36M804.96M807.56M810.16M812.76M815.69M818.62M821.55M
Deposits & Other Assets----------
FirstMerit Total Assets
26.15B26.06B25.52B25.25B25.3B25.12B24.9B24.61B24.56B24.5B
Notes Payable1.27B851.53M1.1B866.26M777.58M996.34M921.39M1.26B1.26B1.43B
Accounts Payable20.95B21.1B20.11B19.82B19.67B19.93B19.5B19.37B19.3B19.81B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses469.05M345.23M353.61M389.18M352.49M361.11M357.54M289.17M281.98M344.11M
Income Taxes Payable----------
Other Current Liabilities----------
FirstMerit Total Current Liabilities
22.11B22.17B21.5B21.42B21.55B21.4B21.13B20.93B20.8B21.08B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt994.83M898.24M1.09B890.24M863.46M829.25M933.26M858.39M973.45M673.7M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
FirstMerit Total Liabilities
23.1B23.06B22.58B22.31B22.41B22.23B22.07B21.79B21.77B21.76B
Minority Interest----------
Preferred Stock100M100M100M100M100M100M100M100M100M100M
Common Stock Net127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M127.93M
Capital Surplus1.38B1.39B1.39B1.38B1.38B1.39B1.39B1.39B1.39B1.39B
Retained Earnings1.57B1.54B1.52B1.49B1.46B1.43B1.4B1.37B1.34B1.3B
Treasury Stock107.25M116.13M114.68M114.83M114.41M121.74M122.57M122.58M122.31M129.84M
Other Liabilities-29.47M-48.34M-79.27M-50.76M-67.62M-46.26M-68.89M-46.58M-36.5M-52.5M
FirstMerit Shareholders Equity
3.05B3B2.94B2.94B2.89B2.89B2.83B2.82B2.79B2.74B
FirstMerit Total Liabilities & Shareholders Equity
26.15B26.06B25.52B25.25B25.3B25.12B24.9B24.61B24.56B24.5B
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: An asset is a resource that a corporation like FirstMerit owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for FMER stock as of quarter is $26.15B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • 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 $23.1B.
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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