Merchants Bancorp (MBIN)

Total debt on the balance sheet as of September 2024 : C$5.10 Billion

According to Merchants Bancorp's latest financial reports the company's total debt is C$5.10 Billion. A company’s total debt is the sum of all current and non-current debts.

Merchants Bancorp - Total debt on balance sheet (from 2016 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	C$1.27 B	3.51%
2022-12-31	C$1.23 B	10.91%
2021-12-31	C$1.11 B	-29.33%
2020-12-31	C$1.57 B	565.07%
2019-12-31	C$0.23 B	-11%
2018-12-31	C$0.26 B	274.07%
2017-12-31	C$71.17 M	-7.09%
2016-12-31	C$76.6 M	-3.94%
2015-12-31	C$79.75 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Northeast Bank NBN	C$0.51 B	-89.94%	🇺🇸 USA
National Bank Holdings NBHC	C$77.89 M	-98.47%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Merchants Bancorp (MBIN) - Total debt

Total debt on the balance sheet as of September 2024 : C$5.10 Billion