Merchants Bancorp (MBIN)

Total debt on the balance sheet as of June 2024 : ₹97.43 Billion

According to Merchants Bancorp's latest financial reports the company's total debt is ₹97.43 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	₹80.26 B	6.54%
2022-12-31	₹75.33 B	15.81%
2021-12-31	₹65.04 B	-28.04%
2020-12-31	₹90.39 B	598.65%
2019-12-31	₹12.93 B	-5.33%
2018-12-31	₹13.66 B	278.08%
2017-12-31	₹3.61 B	-6.69%
2016-12-31	₹3.87 B	1.4%
2015-12-31	₹3.82 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Northeast Bank NBN	₹30.71 B	-68.47%	🇺🇸 USA
National Bank Holdings NBHC	₹7.51 B	-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 : ₹97.43 Billion