Mackinac Financial Balance Sheet - Quarterly (NASDAQ:MFNC)

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$11.73 $0.18 (1.47%) MFNC stock closing price Oct 27, 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. 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 Mackinac Financial stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Mackinac Financial balance sheet as at the end of 2016-Q2 indicates an asset turnover ratio of 0.05M and debt to equity ratio of 0.92M. Whereas, Mackinac Financial revenue was $9.99M and Mackinac Financial operating cash flow was $14.8M for the same period. View Mackinac Financial quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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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
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Mackinac Financial Total Current Assets
Property Plant & Equipment--26.01M---24.86M---
Accumulated Depreciation--13.49M---12.2M---
Mackinac Financial Net Property Plant & Equipment
Investment & Advances73.75M56.19M55.89M56.6M62.73M66.28M68.8M51.8M50.43M50.47M
Other Non-Current Assets3.49M2.68M2.32M2.29M2.39M2.63M3.01M1.84M1.94M2.16M
Deferred Charges10.14M8.52M9.21M9.32M10.01M10.33M11.49M8.68M9.09M9.53M
Deposits & Other Assets14.75M11.38M10.94M11.37M11.03M9.72M19.27M6.06M5.77M5.88M
Mackinac Financial Total Assets
Notes Payable--------9.66M-
Accounts Payable738.36M592.97M610.32M622.33M588.82M597.91M606.97M491.2M484.01M475.71M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Mackinac Financial Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt70.6M46.45M45.75M49.59M49.48M49.83M49.84M44.9M42.08M38.85M
Non-Current Capital Leases----------
Other Long-Term Liabilities6.28M6.1M6.59M6.95M6.28M6.05M12.97M3.19M3.28M3.3M
Mackinac Financial Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net61.28M61.18M61.13M61.32M61.46M61.55M61.67M53.8M53.7M53.59M
Capital Surplus----------
Retained Earnings14.98M15.74M15.22M14.22M13.85M12.7M11.8M12.92M12.32M11.79M
Treasury Stock----------
Other Liabilities0.81M0.46M0.24M0.54M0.43M0.77M0.51M0.4M0.44M0.34M
Mackinac Financial Shareholders Equity
Mackinac Financial Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

The latest Mackinac Financial stock price, and Mackinac Financial historical stock prices show the stock price movement over time, and the Mackinac Financial PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: An asset is a resource that a corporation like Mackinac Financial owns and has monetary significance. MFNC assets grew from $732.93M in 2016-Q1 to $892.32M in 2016-Q2 . 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 Mackinac Financial's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for MFNC stock stand at $815.24M.

Mackinac Financial Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio