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 June 2026, meaning its operating cash flow of $15.27 Million could theoretically repay 0% of its total liabilities ($6.06 Billion) in one year. See Mercantile Bank Corporation (MBWM) financial flexibility to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Mercantile Bank Corporation Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Mercantile Bank Corporation across 28 annual periods. For the full cash flow conversion analysis, see how efficiently does Mercantile Bank Corporation generate cash.
Annual Cash Flow-to-Debt Ratio for Mercantile Bank Corporation (1998–2025)
Year-by-year debt coverage analysis for Mercantile Bank Corporation. Check Mercantile Bank Corporation (MBWM) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.00x | $17.97 Million | $6.11 Billion | ▼ -84.1% |
| 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 | — |