Macatawa Long Term Debt vs Short Long Term Debt Analysis

MCBC Stock  USD 14.48  0.05  0.35%   
Macatawa Bank financial indicator trend analysis is infinitely more than just investigating Macatawa Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macatawa Bank is a good investment. Please check the relationship between Macatawa Bank Long Term Debt and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.

Long Term Debt vs Short Long Term Debt

Long Term Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macatawa Bank Long Term Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Macatawa Bank's Long Term Debt and Short Long Term Debt is 0.54. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Macatawa Bank, assuming nothing else is changed. The correlation between historical values of Macatawa Bank's Long Term Debt and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Macatawa Bank are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt i.e., Macatawa Bank's Long Term Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Macatawa Bank has held for over one year. Long-term debt appears on Macatawa Bank balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Macatawa Bank balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
Most indicators from Macatawa Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macatawa Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.At present, Macatawa Bank's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.56, whereas Selling General Administrative is forecasted to decline to about 26.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M4.8M634K602.3K
Depreciation And Amortization2.7M1.6M2.1M2.8M

Macatawa Bank fundamental ratios Correlations

-0.10.750.240.32-0.160.510.140.29-0.570.960.770.780.770.80.770.190.820.74-0.340.760.760.470.70.31-0.3
-0.1-0.22-0.510.750.96-0.870.21-0.490.13-0.1-0.53-0.380.370.27-0.490.050.05-0.460.690.430.19-0.53-0.27-0.130.6
0.75-0.220.30.01-0.190.56-0.30.35-0.340.690.590.670.380.380.780.050.530.67-0.60.360.360.450.580.3-0.17
0.24-0.510.3-0.03-0.640.690.020.980.410.40.490.620.150.080.490.320.320.49-0.180.060.120.450.23-0.1-0.31
0.320.750.01-0.030.6-0.440.52-0.030.010.390.030.120.740.64-0.040.340.470.060.590.80.57-0.070.05-0.210.33
-0.160.96-0.19-0.640.6-0.88-0.01-0.60.09-0.2-0.63-0.490.220.16-0.52-0.12-0.07-0.550.550.30.07-0.63-0.25-0.020.6
0.51-0.870.560.69-0.44-0.88-0.160.71-0.180.520.770.680.040.130.790.040.30.69-0.72-0.020.140.610.490.23-0.66
0.140.21-0.30.020.52-0.01-0.16-0.06-0.210.230.280.180.450.36-0.010.530.30.210.520.470.440.31-0.15-0.390.02
0.29-0.490.350.98-0.03-0.60.71-0.060.410.410.480.60.180.120.560.230.330.46-0.260.090.10.350.270.01-0.32
-0.570.13-0.340.410.010.09-0.18-0.210.41-0.41-0.51-0.2-0.25-0.35-0.330.07-0.41-0.530.26-0.3-0.54-0.38-0.43-0.380.1
0.96-0.10.690.40.39-0.20.520.230.41-0.410.780.840.810.820.710.310.810.74-0.230.780.790.520.650.14-0.35
0.77-0.530.590.490.03-0.630.770.280.48-0.510.780.80.450.510.790.430.710.92-0.440.420.560.850.480.17-0.48
0.78-0.380.670.620.12-0.490.680.180.6-0.20.840.80.610.590.750.530.650.78-0.380.530.450.70.61-0.15-0.45
0.770.370.380.150.740.220.040.450.18-0.250.810.450.610.950.440.40.740.380.120.990.680.180.45-0.04-0.12
0.80.270.380.080.640.160.130.360.12-0.350.820.510.590.950.470.310.660.36-0.040.960.630.170.470.02-0.35
0.77-0.490.780.49-0.04-0.520.79-0.010.56-0.330.710.790.750.440.470.090.520.71-0.70.410.320.510.560.26-0.46
0.190.050.050.320.34-0.120.040.530.230.070.310.430.530.40.310.090.460.390.220.350.220.61-0.18-0.46-0.02
0.820.050.530.320.47-0.070.30.30.33-0.410.810.710.650.740.660.520.460.740.020.70.820.530.450.340.07
0.74-0.460.670.490.06-0.550.690.210.46-0.530.740.920.780.380.360.710.390.74-0.340.350.630.860.550.18-0.2
-0.340.69-0.6-0.180.590.55-0.720.52-0.260.26-0.23-0.44-0.380.12-0.04-0.70.220.02-0.340.140.25-0.27-0.38-0.290.6
0.760.430.360.060.80.3-0.020.470.09-0.30.780.420.530.990.960.410.350.70.350.140.690.140.42-0.03-0.1
0.760.190.360.120.570.070.140.440.1-0.540.790.560.450.680.630.320.220.820.630.250.690.380.430.260.1
0.47-0.530.450.45-0.07-0.630.610.310.35-0.380.520.850.70.180.170.510.610.530.86-0.270.140.380.28-0.15-0.28
0.7-0.270.580.230.05-0.250.49-0.150.27-0.430.650.480.610.450.470.56-0.180.450.55-0.380.420.430.280.16-0.28
0.31-0.130.3-0.1-0.21-0.020.23-0.390.01-0.380.140.17-0.15-0.040.020.26-0.460.340.18-0.29-0.030.26-0.150.160.12
-0.30.6-0.17-0.310.330.6-0.660.02-0.320.1-0.35-0.48-0.45-0.12-0.35-0.46-0.020.07-0.20.6-0.10.1-0.28-0.280.12
Click cells to compare fundamentals

Macatawa Bank Account Relationship Matchups

Macatawa Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.6B2.9B2.9B2.6B1.9B
Short Long Term Debt Total80.6M90.6M85M30M30.8M29.3M
Total Current Liabilities962.4M1.5B1.6B1.6B1.3B1.1B
Total Stockholder Equity217.5M239.8M254.0M247.0M2.7B2.8B
Property Plant And Equipment Net43.4M43.3M41.8M40.3M38.6M47.8M
Net Debt48.7M59.1M61.3M(21.2M)(36.0M)(34.2M)
Retained Earnings(2.2M)17.1M35.2M59.0M89.8M94.2M
Cash31.9M31.5M23.7M51.2M36.0M39.6M
Non Current Assets Total351.4M359.6M594.8M50.0M2.3B2.4B
Non Currrent Assets Other(351.4M)(359.6M)(594.8M)(848.0M)66.5M69.8M
Other Assets1.5B2.0B1.9B2.1B2.1B1.6B
Cash And Short Term Investments257.2M268.3M439.7M755.2M483.3M507.5M
Net Receivables4.9M5.6M4.1M7.6M9.0M5.7M
Common Stock Total Equity218.1M218.5M219.1M219.6M252.5M175.5M
Common Stock Shares Outstanding34.1M34.1M34.2M34.3M34.3M26.6M
Liabilities And Stockholders Equity2.1B2.6B2.9B2.9B4.4B4.7B
Other Stockholder Equity2.0B2.4B2.8B2.9B2.7B2.8B
Total Liab80.6M90.6M85M2.7B2.5B1.4B
Property Plant And Equipment Gross43.4M43.3M82.5M79.1M78.8M52.9M
Total Current Assets262.1M273.9M443.8M762.8M483.3M514.0M
Accumulated Other Comprehensive Income1.5M4.2M(297K)(31.6M)(22.9M)(21.8M)
Common Stock218.1M218.5M219.1M219.6M220.3M178.8M
Other Current Liab962.4M1.5B1.6B1.6B1.3B1.2B
Non Current Liabilities Total80.6M90.6M85M2.7B1.2B1.2B
Other Liab6.3M18.7M13.0M11.8M13.6M7.4M
Accounts Payable17.4M13.0M2.6B14.7M13.3M12.6M
Property Plant Equipment43.4M43.3M41.8M40.3M46.4M51.4M
Short Term Investments225.2M236.8M416.1M499.3M447.2M225.0M
Inventory(280.1M)(791.9M)(1.2B)(765.1M)(492.3M)(467.7M)
Other Current Assets280.1M791.9M1.2B765.1M459.3M720.7M
Net Tangible Assets217.5M239.8M254.0M247.0M284.1M189.8M
Retained Earnings Total Equity(2.2M)17.1M35.2M59.0M67.9M71.3M
Long Term Investments1.5B1.5B553.1M848.0M840.3M915.2M
Net Invested Capital298.1M330.5M85M30M317.1M189.6M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Macatawa Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macatawa Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macatawa Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macatawa Bank Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.
Note that the Macatawa Bank information on this page should be used as a complementary analysis to other Macatawa Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Macatawa Stock analysis

When running Macatawa Bank's price analysis, check to measure Macatawa Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macatawa Bank is operating at the current time. Most of Macatawa Bank's value examination focuses on studying past and present price action to predict the probability of Macatawa Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macatawa Bank's price. Additionally, you may evaluate how the addition of Macatawa Bank to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Is Macatawa Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macatawa Bank. If investors know Macatawa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macatawa Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
0.34
Earnings Share
0.27
Revenue Per Share
3.018
Quarterly Revenue Growth
(0.07)
The market value of Macatawa Bank is measured differently than its book value, which is the value of Macatawa that is recorded on the company's balance sheet. Investors also form their own opinion of Macatawa Bank's value that differs from its market value or its book value, called intrinsic value, which is Macatawa Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macatawa Bank's market value can be influenced by many factors that don't directly affect Macatawa Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macatawa Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macatawa Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macatawa Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.