Mackinac Financial Balance Sheet - Annual (NASDAQ:MFNC)

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$13.8 $0.12 (0.86%) MFNC stock closing price May 26, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Mackinac Financial balance sheet. Financial strength can be guaged by performing Mackinac Financial stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Mackinac Financial had a long term debt of $67.57M at the end of 2016. Mackinac Financial operating cash flow was $0.37M while Mackinac Financial revenue stood at $42.13M. View latest and last 10 year balance sheet data to check Mackinac Financial financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash60.8M30.09M27.74M18.23M26.97M34.08M35.43M46.11M10.69M8.17M
Marketable Securities----------
Receivables776.83M613.39M595.79M479.17M443.95M395.99M376.47M379.08M366M350.93M
Inventory-----3.16M5.56M5.8M2.18M1.22M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Mackinac Financial Total Current Assets
837.63M643.48M623.53M497.4M470.93M433.23M417.46M431M378.88M360.33M
Property Plant & Equipment30.01M26.01M24.86M21.67M21.14M-----
Accumulated Depreciation14.12M13.49M12.2M11.46M10.51M-----
Mackinac Financial Net Property Plant & Equipment
15.89M12.52M12.65M10.21M10.63M9.62M9.66M10.16M11.18M11.6M
Investment & Advances89.18M55.89M68.8M47.44M46.85M41.78M37.28M50.3M51.28M25.39M
Other Non-Current Assets4.78M2.32M3.01M1.88M3.21M-----
Deferred Charges8.76M9.21M11.49M9.93M9.13M8.42M----
Intangibles7.86M4.88M5M-------
Deposits & Other Assets19.39M10.94M19.27M5.92M5.21M5.23M14.28M23.9M10.07M11.54M
Mackinac Financial Total Assets
983.52M739.26M743.78M572.8M545.98M498.31M478.69M515.37M451.43M408.88M
Notes Payable6M--------9.66M
Accounts Payable823.51M610.32M606.97M466.29M434.55M404.78M386.77M421.38M371.09M320.82M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Mackinac Financial Total Current Liabilities
829.51M610.32M606.97M466.29M434.55M404.78M386.77M421.38M371.09M330.49M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt67.57M45.75M49.84M37.85M35.92M35.99M36.06M36.14M36.21M36.28M
Non-Current Capital Leases----------
Other Long-Term Liabilities7.82M6.59M12.97M3.4M3.05M2.26M1.96M2.54M2.57M2.78M
Mackinac Financial Total Liabilities
904.91M662.66M669.78M507.55M473.53M443.04M424.81M460.07M409.87M369.55M
Minority Interest----------
Preferred Stock----11M10.92M10.7M10.51M--
Common Stock Net61.58M61.13M61.67M53.62M53.79M43.52M43.52M43.49M42.81M42.84M
Capital Surplus----------
Retained Earnings17.2M15.22M11.8M11.41M6.72M0.49M-0.96M0.19M-1.7M-3.58M
Treasury Stock----------
Other Liabilities-0.18M0.24M0.51M0.21M0.92M0.32M0.61M1.09M0.44M0.06M
Mackinac Financial Shareholders Equity
78.6M76.6M73.99M65.24M72.44M55.26M53.88M55.29M41.55M39.32M
Mackinac Financial Total Liabilities & Shareholders Equity
983.52M739.26M743.78M572.8M545.98M498.31M478.69M515.37M451.43M408.88M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 $739.26M in 2015 to $983.52M in 2016 . 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 $904.91M for year 2016.
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Mackinac Financial Balance Sheet - Key Ratios

PB ratio (
price to book ratio
)
1.1050