Mackinac Financial Corporation Debt to Equity Ratio 2012-2021 | MFNC
Current and historical debt to equity ratio values for Mackinac Financial Corporation (MFNC) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Mackinac Financial Corporation debt/equity for the three months ending June 30, 2021 was .
| Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2021-06-30 | $1.35B | $0.17B | 7.84 |
| 2021-03-31 | $1.34B | $0.17B | 7.86 |
| 2020-12-31 | $1.33B | $0.17B | 7.95 |
| 2020-09-30 | $1.36B | $0.17B | 8.17 |
| 2020-06-30 | $1.35B | $0.16B | 8.25 |
| 2020-03-31 | $1.20B | $0.16B | 7.47 |
| 2019-12-31 | $1.16B | $0.16B | 7.15 |
| 2019-09-30 | $1.20B | $0.16B | 7.46 |
| 2019-06-30 | $1.17B | $0.16B | 7.43 |
| 2019-03-31 | $1.16B | $0.16B | 7.51 |
| 2018-12-31 | $1.17B | $0.15B | 7.67 |
| 2018-09-30 | $1.11B | $0.15B | 7.40 |
| 2018-06-30 | $1.13B | $0.15B | 7.56 |
| 2018-03-31 | $0.90B | $0.08B | 11.02 |
| 2017-12-31 | $0.90B | $0.08B | 11.11 |
| 2017-09-30 | $0.93B | $0.08B | 11.28 |
| 2017-06-30 | $0.95B | $0.08B | 11.64 |
| 2017-03-31 | $0.90B | $0.08B | 11.21 |
| 2016-12-31 | $0.91B | $0.08B | 11.51 |
| 2016-09-30 | $0.88B | $0.08B | 11.25 |
| 2016-06-30 | $0.82B | $0.08B | 10.58 |
| 2016-03-31 | $0.66B | $0.08B | 8.47 |
| 2015-12-31 | $0.66B | $0.08B | 8.65 |
| 2015-09-30 | $0.68B | $0.08B | 8.92 |
| 2015-06-30 | $0.66B | $0.08B | 8.71 |
| 2015-03-31 | $0.65B | $0.08B | 8.71 |
| 2014-12-31 | $0.67B | $0.07B | 9.05 |
| 2014-09-30 | $0.55B | $0.07B | 8.15 |
| 2014-06-30 | $0.53B | $0.07B | 7.96 |
| 2014-03-31 | $0.52B | $0.07B | 7.88 |
| 2013-12-31 | $0.51B | $0.07B | 7.78 |
| 2013-09-30 | $0.50B | $0.07B | 7.47 |
| 2013-06-30 | $0.49B | $0.07B | 7.32 |
| 2013-03-31 | $0.47B | $0.07B | 6.42 |
| 2012-12-31 | $0.47B | $0.07B | 6.54 |
| 2012-09-30 | $0.48B | $0.07B | 6.56 |
| 2012-06-30 | $0.46B | $0.06B | 7.69 |
| 2012-03-31 | $0.45B | $0.06B | 8.03 |
| 2011-12-31 | $0.44B | $0.06B | 8.02 |
| 2011-09-30 | $0.44B | $0.06B | 7.99 |
| 2011-06-30 | $0.44B | $0.06B | 7.99 |
| 2011-03-31 | $0.44B | $0.05B | 8.11 |
