Macatawa Bank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Macatawa Bank's balance sheet done over the years? Its assets were worth $2,751,530,000 last year, which is less than in the previous period. 90% of Macatawa Bank’s total assets is currently financed by debt. Its liabilities reached the amount of $2,464,445,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 1583846000 | 1.44B | 91% |
|---|---|---|---|
| 2015 | 1729643000 | 1.57B | 91.21% |
| 2016 | 1741013000 | 1.57B | 90.68% |
| 2017 | 1890232000 | 1.71B | 90.85% |
| 2018 | 1975124000 | 1.78B | 90.34% |
| 2019 | 2070077000 | 80.61M | 3.89% |
| 2020 | 2642026000 | 90.61M | 3.43% |
| 2021 | 2928751000 | 85M | 2.9% |
| 2022 | 2906919000 | 2.65B | 91.5% |
| 2023 | 2751530000 | 2.46B | 89.57% |
MCBC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 32.31M | 51.21M | 23.66M | 31.48M | 31.94M | 40.52M | 34.94M | 27.69M | 49.10M | 51.50M |
Short term investments | 508.79M | 499.25M | 416.06M | 236.83M | 225.24M | 226.98M | 220.72M | 184.43M | 166.81M | 161.87M |
Net receivables | 8.97M | 7.60M | 4.08M | 5.62M | 4.86M | 5.27M | 4.68M | 4.09M | 3.62M | 3.39M |
Inventory | -492.27M | -765.11M | -1.15B | -791.89M | -280.06M | -179.94M | -319.33M | -205.54M | 0 | 0 |
Other current assets | 459.32M | 765.11M | 1.15B | 791.89M | 280.06M | 179.94M | 214.36M | 106.16M | 0 | 0 |
Total current assets | 459.32M | 762.77M | 443.82M | 273.93M | 262.05M | 272.79M | 112.92M | 116.83M | 185.09M | 132.85M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 39.37M | 40.30M | 41.77M | 43.25M | 43.41M | 44.86M | 46.62M | 50.02M | 51.45M | 52.89M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 15.06M | 848.02M | 553.06M | 316.3M | 307.96M | 297.32M | 306.54M | 253.81M | 218.67M | 193.45M |
Other non-current assets | 66.45M | -848.02M | -594.83M | -359.55M | -351.38M | -342.18M | -353.17M | -11.34M | -218.67M | -193.45M |
Total non-current assets | 2.29B | 50.01M | 594.83M | 359.55M | 351.38M | 342.18M | 353.17M | 303.83M | 60.27M | 65.15M |
Total assets | 2.75B | 2.90B | 2.92B | 2.64B | 2.07B | 1.97B | 1.89B | 1.74B | 1.72B | 1.58B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 30.38M | 360K | 411K | 10M | 0 | 10M | 52.11M | 2.05M | 0 | 0 |
Total current liabilities | 1.31B | 1.59B | 1.62B | 1.46B | 962.35M | 952.29M | 952.17M | 844.53M | 3.95M | 5.51M |
| Non-current liabilities: | ||||||||||
Long term debt | 30M | 30M | 85M | 90.61M | 80.61M | 101.23M | 1.71B | 125.41M | 137.40M | 129.34M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 15.08M | -30M | -85M | -90.61M | -80.61M | 6.29M | 1.58B | -2.48M | 1.43B | 1.30B |
Total non-current liabilities | 1.15B | 2.65B | 85M | 90.61M | 80.61M | 101.23M | 133.35M | 125.41M | 137.40M | 129.34M |
Total liabilities | 2.46B | 2.65B | 85M | 90.61M | 80.61M | 1.78B | 1.71B | 1.57B | 1.57B | 1.44B |
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