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 (EFIN) - Total Liabilities
Latest total liabilities as of June 2025: $451.64 Million USD
Based on the latest financial reports, Eastern Michigan Financial Corporation (EFIN) has total liabilities worth $451.64 Million USD as of June 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Eastern Michigan Financial Corporation - Total Liabilities Trend (2002–2024)
This chart illustrates how Eastern Michigan Financial Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Eastern Michigan Financial Corporation Competitors by Total Liabilities
The table below lists competitors of Eastern Michigan Financial Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wonbang Tech Co. Ltd.
KQ:053080
|
Korea | ₩223.48 Billion |
|
Sir Royalty Income Fund
PINK:SIRZF
|
USA | $5.73 Million |
|
Sajo Ind
KO:007160
|
Korea | ₩640.54 Billion |
|
Biodesix Inc
NASDAQ:BDSX
|
USA | $90.44 Million |
|
BYC Co Ltd
KO:001465
|
Korea | ₩176.08 Billion |
|
Hyundai Hcn
KO:126560
|
Korea | ₩60.16 Billion |
|
Morn Sun Feed Mill Corp
TWO:1240
|
Taiwan | NT$631.07 Million |
|
Sunny Pharmtech Inc.
TWO:6676
|
Taiwan | NT$599.02 Million |
Liability Composition Analysis (2002–2024)
This chart breaks down Eastern Michigan Financial Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.09 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 8.54 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.90 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Eastern Michigan Financial Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Eastern Michigan Financial Corporation (2002–2024)
The table below shows the annual total liabilities of Eastern Michigan Financial Corporation from 2002 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $472.42 Million | -5.41% |
| 2023-12-31 | $499.45 Million | -5.93% |
| 2022-12-31 | $530.91 Million | +8.47% |
| 2021-12-31 | $489.46 Million | +15.15% |
| 2020-12-31 | $425.07 Million | +26.83% |
| 2019-12-31 | $335.15 Million | +4.54% |
| 2018-12-31 | $320.60 Million | +8.03% |
| 2017-12-31 | $296.78 Million | +0.74% |
| 2016-12-31 | $294.59 Million | +11.69% |
| 2015-12-31 | $263.75 Million | +1098875.00% |
| 2014-12-31 | $24.00K | -31.43% |
| 2013-12-31 | $35.00K | -99.98% |
| 2006-12-31 | $210.85 Million | +0.19% |
| 2005-12-31 | $210.45 Million | +1.35% |
| 2004-12-31 | $207.65 Million | -2.28% |
| 2003-12-31 | $212.49 Million | +6.70% |
| 2002-12-31 | $199.16 Million | -- |