Mercantile Bank Corporation (MBWM) — Cash Flow-to-Debt Ratio
Mercantile Bank Corporation (MBWM) has a Cash Flow-to-Debt Ratio of 0.00x as of September 2025, meaning its operating cash flow of $23.11 Million could theoretically repay 0% of its total liabilities ($5.65 Billion) in one year. See Mercantile Bank Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Mercantile Bank Corporation Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Mercantile Bank Corporation across 27 annual periods. Also explore net asset growth rate of Mercantile Bank Corporation to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Mercantile Bank Corporation (1998–2024)
Year-by-year debt coverage analysis for Mercantile Bank Corporation. For market capitalisation and broader financial context, see MBWM stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.02x | $101.12 Million | $5.47 Billion | ▲ +34.1% |
| 2023 | 0.01x | $66.61 Million | $4.83 Billion | ▼ -49.0% |
| 2022 | 0.03x | $119.86 Million | $4.43 Billion | ▲ +101.1% |
| 2021 | 0.01x | $64.57 Million | $4.80 Billion | ▲ +41.9% |
| 2020 | 0.01x | $37.88 Million | $4.00 Billion | ▼ -31.9% |
| 2019 | 0.01x | $44.77 Million | $3.22 Billion | ▼ -32.6% |
| 2018 | 0.02x | $61.74 Million | $2.99 Billion | ▲ +56.0% |
| 2017 | 0.01x | $38.66 Million | $2.92 Billion | ▲ +4.9% |
| 2016 | 0.01x | $34.60 Million | $2.74 Billion | ▼ -9.9% |
| 2015 | 0.01x | $36.00 Million | $2.57 Billion | ▲ +149.3% |
| 2014 | 0.01x | $14.41 Million | $2.57 Billion | ▼ -75.0% |
| 2013 | 0.02x | $28.68 Million | $1.27 Billion | ▲ +68.8% |
| 2012 | 0.01x | $17.03 Million | $1.28 Billion | ▼ -24.8% |
| 2011 | 0.02x | $22.51 Million | $1.27 Billion | ▼ -9.7% |
| 2010 | 0.02x | $29.60 Million | $1.51 Billion | ▲ +495.5% |
| 2009 | 0.00x | $-8.78 Million | $1.77 Billion | ▼ -174.1% |
| 2008 | 0.01x | $13.63 Million | $2.03 Billion | ▼ -32.7% |
| 2007 | 0.01x | $19.36 Million | $1.94 Billion | ▼ -32.1% |
| 2006 | 0.01x | $27.83 Million | $1.90 Billion | ▼ -5.3% |
| 2005 | 0.02x | $26.10 Million | $1.68 Billion | ▲ +18.3% |
| 2004 | 0.01x | $18.27 Million | $1.39 Billion | ▲ +3.3% |
| 2003 | 0.01x | $13.61 Million | $1.07 Billion | ▲ +6.6% |
| 2002 | 0.01x | $10.02 Million | $842.02 Million | ▲ +69.8% |
| 2001 | 0.01x | $4.39 Million | $627.22 Million | ▼ -58.1% |
| 2000 | 0.02x | $8.05 Million | $480.89 Million | ▲ +83.5% |
| 1999 | 0.01x | $3.10 Million | $340.00 Million | ▲ +311.5% |
| 1998 | 0.00x | $420.00K | $189.54 Million | — |