Mackinac Financial Balance Sheet - Annual (NASDAQ:MFNC)

Add to My Stocks
$13.99 $0.52 (3.86%) MFNC stock closing price Dec 09, 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 Mackinac Financial stock analysis. Financial strength can be guaged by performing Mackinac Financial stock analysis and by analyzing the balance sheet. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Mackinac Financial balance sheet for 2015 shows total assets of $739.26M. Mackinac Financial revenue was $37.4M and Mackinac Financial operating cash flow was $13.09M for the same year. View latest and last 10 year balance sheet data to check Mackinac Financial financial performance..

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash30.09M27.74M18.23M26.97M34.08M35.43M46.11M10.69M8.17M11.56M
Marketable Securities----------
Receivables613.39M595.79M479.17M443.95M395.99M376.47M379.08M366M350.93M317.57M
Inventory----3.16M5.56M5.8M2.18M1.22M0.02M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Mackinac Financial Total Current Assets
643.48M623.53M497.4M470.93M433.23M417.46M431M378.88M360.33M329.16M
Property Plant & Equipment26.01M24.86M21.67M21.14M------
Accumulated Depreciation13.49M12.2M11.46M10.51M------
Mackinac Financial Net Property Plant & Equipment
12.52M12.65M10.21M10.63M9.62M9.66M10.16M11.18M11.6M12.45M
Investment & Advances55.89M68.8M47.44M46.85M41.78M37.28M50.3M51.28M25.39M36.56M
Other Non-Current Assets2.32M3.01M1.88M3.21M------
Deferred Charges9.21M11.49M9.93M9.13M8.42M-----
Intangibles4.88M5M--------
Deposits & Other Assets10.94M19.27M5.92M5.21M5.23M14.28M23.9M10.07M11.54M4.61M
Mackinac Financial Total Assets
739.26M743.78M572.8M545.98M498.31M478.69M515.37M451.43M408.88M382.79M
Notes Payable--------9.66M-
Accounts Payable610.32M606.97M466.29M434.55M404.78M386.77M421.38M371.09M320.82M312.42M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Mackinac Financial Total Current Liabilities
610.32M606.97M466.29M434.55M404.78M386.77M421.38M371.09M330.49M312.42M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt45.75M49.84M37.85M35.92M35.99M36.06M36.14M36.21M36.28M38.3M
Non-Current Capital Leases----------
Other Long-Term Liabilities6.59M12.97M3.4M3.05M2.26M1.96M2.54M2.57M2.78M3.27M
Mackinac Financial Total Liabilities
662.66M669.78M507.55M473.53M443.04M424.81M460.07M409.87M369.55M354M
Minority Interest----------
Preferred Stock---11M10.92M10.7M10.51M---
Common Stock Net61.13M61.67M53.62M53.79M43.52M43.52M43.49M42.81M42.84M42.72M
Capital Surplus----------
Retained Earnings15.22M11.8M11.41M6.72M0.49M-0.96M0.19M-1.7M-3.58M-13.74M
Treasury Stock----------
Other Liabilities0.24M0.51M0.21M0.92M0.32M0.61M1.09M0.44M0.06M-0.18M
Mackinac Financial Shareholders Equity
76.6M73.99M65.24M72.44M55.26M53.88M55.29M41.55M39.32M28.79M
Mackinac Financial Total Liabilities & Shareholders Equity
739.26M743.78M572.8M545.98M498.31M478.69M515.37M451.43M408.88M382.79M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Balance sheet for another ticker

Most investors just check the Mackinac Financial stock price, and Mackinac Financial historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Mackinac Financial PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Mackinac Financial owns and has monetary significance. MFNC assets decreased from $743.78M in 2014 to $739.26M 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 include short term loans and long term loans availed by the company to fund its business operations. MFNC stock had total liabilities of $662.66M for year 2015.
.

Mackinac Financial Balance Sheet - Key Ratios

Current ratio
1.01
Debt to Equity ratio
0.87
Asset Turnover
ratio
0.05
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.1520