Debt to EBITDA ratio Analysis of First Merchants Corp. - Deep Dive
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Fundamentals
Fundamentals
Technicals
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Candlestick
PivotPointDebt to EBITDA of FRME
Dec-231.88Very Good Debt to EBITDA | Dec-225.10Not Good Debt to EBITDA | Growth-63.14% |
Debt to EBITDA Analysis of First Merchants Corp.
| Debt to EBITDA Ratio 1.88 of First Merchants Corp. shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of FRME drastically fell by -63.14 % this year. |
| Debt to EBITDA Ratio with value of 5.10 was highest in Year Dec-22 in last Five Years. |
| Debt to EBITDA Ratio with value of 1.18 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 1.88 is lower than Average Debt to EBITDA of 2.83 in last five years. |
Other Debt to EBITDA Related Info of FRME that may interest you.
First Merchants Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FRME | 31.49 | 31.04 | 1.45 % | Banks-Regional |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Debt to EBITDA of First Merchants Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 1.88 | 5.10 | 2.87 | 3.10 | 1.18 | 2.13 | 7.75 |
| Change | -63.14 % | 77.38 % | -7.22 % | 162.64 % | -44.63 % | -72.50 % | -1.46 % |
FY Chart of Debt to EBITDA of First Merchants Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)