Merchants Bancorp (MBIN)

Total debt on the balance sheet as of June 2024 : £0.88 Billion

According to Merchants Bancorp's latest financial reports the company's total debt is £0.88 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	£0.75 B	0.57%
2022-12-31	£0.75 B	16.23%
2021-12-31	£0.64 B	-28.6%
2020-12-31	£0.90 B	555.37%
2019-12-31	£0.13 B	-10.14%
2018-12-31	£0.15 B	267.59%
2017-12-31	£41.88 M	-9.33%
2016-12-31	£46.19 M	19.09%
2015-12-31	£38.79 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Northeast Bank NBN	£0.28 B	-68.47%	🇺🇸 USA
National Bank Holdings NBHC	£68.51 M	-92.29%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
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 June 2024 : £0.88 Billion