Eastern Michigan Financial Corporation
Eastern Michigan Financial Corporation operates as the bank holding company for Eastern Michigan Bank that provides retail and commercial banking services to individuals and businesses in Michigan. The company offers checking and savings accounts, individual retirement accounts, time deposits, and certificates of deposit. It also provides home equity lines of credit, home equity term loans, autom… Read more
Eastern Michigan Financial Corporation - Asset Resilience Ratio
Eastern Michigan Financial Corporation (EFIN) has an Asset Resilience Ratio of 0.43% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2022)
This chart shows how Eastern Michigan Financial Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Eastern Michigan Financial Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.40 Million | 0.43% |
| Total Liquid Assets | $2.40 Million | 0.43% |
Asset Resilience Insights
- Limited Liquidity: Eastern Michigan Financial Corporation maintains only 0.43% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Eastern Michigan Financial Corporation Industry Peers by Asset Resilience Ratio
Compare Eastern Michigan Financial Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001 |
Banks - Regional | -6.06% |
|
Bank of Ningbo Co Ltd
SHE:002142 |
Banks - Regional | 6.40% |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958 |
Banks - Regional | -13.48% |
|
Bank of Suzhou
SHE:002966 |
Banks - Regional | -8.31% |
|
Jeju Bank
KO:006220 |
Banks - Regional | 2.45% |
|
Industrial Bank Of Korea
KO:024110 |
Banks - Regional | 4.07% |
|
Hana Financial
KO:086790 |
Banks - Regional | 3.29% |
|
PT Bank Sinarmas Tbk
F:08S |
Banks - Regional | 3.70% |
Annual Asset Resilience Ratio for Eastern Michigan Financial Corporation (2014–2022)
The table below shows the annual Asset Resilience Ratio data for Eastern Michigan Financial Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.86% | $-4.83 Million | $563.57 Million | +1.84pp |
| 2021-12-31 | -2.69% | $-14.39 Million | $534.04 Million | +2.55pp |
| 2020-12-31 | -5.25% | $-24.55 Million | $467.96 Million | -4.61pp |
| 2019-12-31 | -0.64% | $-2.38 Million | $373.91 Million | -2.44pp |
| 2018-12-31 | 1.80% | $6.39 Million | $355.07 Million | -4.27pp |
| 2017-12-31 | 6.07% | $20.00 Million | $329.43 Million | -0.76pp |
| 2016-12-31 | 6.83% | $22.23 Million | $325.23 Million | +5.99pp |
| 2015-12-31 | 0.84% | $2.47 Million | $293.33 Million | +0.41pp |
| 2014-12-31 | 0.43% | $1.23 Million | $283.25 Million | -- |