First Federal of Northern Michigan Balance Sheet - Annual (OTCMKTS:FFNM)

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$8.9 $0 (0%) FFNM stock closing price May 22, 2018 (Closing)

The financial analysis of a company like First Federal of Northern Michigan involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the First Federal of Northern Michigan stock analysis, and provides insights into the firm's financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. First Federal of Northern Michigan had a long term debt of $22.88M at the end of 2014. To understand the debt servicing capacity of the company, one needs to look at First Federal of Northern Michigan operating cash flow and First Federal of Northern Michigan revenue also. First Federal of Northern Michigan debt to equity ratio is -.

View latest 10 year balance sheet data to check First Federal of Northern Michigan financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2014201320122011201020092008
Cash19.9M2.76M2.75M2.74M1.96M3.09M3.47M
Marketable Securities-------
Receivables164.63M137.06M139.88M142.03M158.37M172.44M193.73M
Inventory-------
Raw Materials-------
Work In Progress-------
Finished Goods-------
Notes Receivable-------
Other Current Assets-------
Total Current Assets
184.62M140M142.71M144.78M160.33M175.6M197.31M
Property Plant & Equipment12.48M11.01M11.22M11.59M11.44M11.51M11.57M
Accumulated Depreciation6.14M5.81M5.83M5.75M5.41M4.95M4.48M
Net Property Plant & Equipment
6.33M5.2M5.39M5.84M6.02M6.56M7.09M
Investment & Advances123.34M55.87M56.37M58.75M41.59M41.83M33.88M
Other Non-Current Assets2.82M1.78M2.38M3.4M2.81M3.58M1.61M
Deferred Charges------2.37M
Intangibles1.28M-----1.19M
Deposits & Other Assets6.6M5.95M6.47M3.53M3.66M4.44M4.19M
Total Assets
325.86M209.65M213.83M217.04M215.73M233.5M247.67M
Notes Payable--3.18M5.59M6.17M6.03M10.21M
Accounts Payable270.73M160.02M158.35M150.64M155.46M158.1M165.77M
Current Portion Long-Term Debt-------
Current Portion Capital Leases-------
Accrued Expenses1.71M1.29M1.5M1.73M1.85M1.91M1.98M
Income Taxes Payable-------
Other Current Liabilities-------
Total Current Liabilities
272.44M161.31M163.04M157.97M163.49M166.05M177.97M
Mortgages-------
Deferred Taxes/Income-------
Convertible Debt-------
Long-Term Debt22.88M24.81M26.35M34.5M29M44.4M40.2M
Non-Current Capital Leases-------
Other Long-Term Liabilities-------
Total Liabilities
295.33M186.13M189.39M192.47M192.49M210.45M218.25M
Minority Interest-------
Preferred Stock-------
Common Stock Net-------
Capital Surplus28.26M23.85M23.85M23.85M23.82M23.72M24.3M
Retained Earnings4.76M2.76M2.76M2.98M2.23M2M8.76M
Treasury Stock2.96M2.96M2.96M2.96M2.96M2.96M2.96M
Other Liabilities--0.16M-----0.71M
Shareholders Equity30.53M23.52M24.43M24.56M23.23M23.05M29.41M
Total Liabilities & Shareholders Equity325.86M209.65M213.83M217.04M215.73M233.5M247.67M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the First Federal of Northern Michigan stock price, and First Federal of Northern Michigan historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the First Federal of Northern Michigan PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like First Federal of Northern Michigan 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 FFNM stock as of 2014 is $325.86M. 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 include short term loans and long term loans availed by the company to fund its business operations. FFNM stock had total liabilities of $295.33M for the year 2014.

First Federal of Northern Michigan Balance Sheet - Key Ratios

Current ratio
0
Debt to equity ratio
0
Asset turnover ratio
0
Receivables turnover
0